Sensex, Nifty singed at the end of a fiery FebruaryIndian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-d...
AI doomsday scenario? Ex-RBI Guv Raghuram Rajan says India’s services sector will be disrupted, not derailedArtificial intelligence poses headwinds for India's software sector, but former RBI Governor Raghuram Rajan says AI will drive an adjustmen...
‘Death of Software?’ Anand Mahindra calls AI doom ‘Greatly Exaggerated’ amid IT stock crashIndian IT stocks face sharp corrections amid AI disruption fears. Anand Mahindra advises against extreme AI doomsday predictions. He believ...
As AI panic grips IT services stocks, Anand Mahindra weighs in on possible impact scenarios, cites famous Mark Twain quote: 'Reports of my death are greatly exaggerated'Markets reacted to a fictional AI scenario predicting cheap software production, causing IT sector jitters. Anand Mahindra offered a balanc...
Global Market Today | Asian stocks climb, Nvidia pares earlier gainsAsian markets are rising for the fourth day. Concerns about artificial intelligence are easing. Nvidia's sales forecast is upbeat. This is ...
US Stock Market | Earnings fail to lift stocks amid AI woesDespite a strong corporate earnings season with 13% growth and positive future guidance, the S&P 500 declined. Investors are grappling with...
India not behind in AI race, must focus on deployment: IBM CEO Arvind KrishnaIn an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could ...
Will AI replace India’s IT sector? Viral Citrini's research study flags TCS, Infosys, Wipro at riskA new report forecasts a 2028 global intelligence crisis. Rapid AI automation could lead to widespread job losses and economic disruption. ...
Decoded: The viral doomsday AI memo that roiled Wall StreetA viral 7,000-word Substack essay by Citrini Research founder James van Geelen sparked a sharp selloff on Wall Street by outlining a hypoth...
Investors look for signs of bottom in software rout after Anthropic announcementSoftware stocks have been pummeled in recent weeks, driven by fears their business models would be upended by AI tools, including those fro...
Global Market Today: Asian stocks rise after tech-led rebound in USAsian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intelli...
US Stock Market | Citrini founder shocked his AI prediction spurred stocks selloffA founder's dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company ...
US software stocks climb as Anthropic announcement sparks relief rallySoftware stocks saw a strong rebound on Tuesday. This followed news of new AI tools developed by Anthropic with its partners. These tools a...
US stock markets today: US stocks rise after Anthropic announces new AI tools; tariff worries persistWall Street's main indexes were subdued on Tuesday as investors assessed Anthropic's announcement of new AI tools, including plug-ins that...
US Stocks Today | US stock futures steady after Monday's battering; tariffs, AI concerns dominateU.S. stock index futures edged up on Tuesday, recovering slightly after a broad market selloff the previous session as investors grappled w...
Citrini Research flags AI ‘ghost GDP’ risk, calls for taxing windfall gains amid job disruptionSpeaking to Bloomberg, co-author Alap Shah, chief investment officer at Lotus Technology Management, said governments should consider taxin...
Global Market Today | Asian stocks follow US lower on tariff uncertaintyAsian shares declined as AI's impact on profits and tariff uncertainty worried investors. Wall Street saw a significant drop, with tech sto...