EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
25 Jun, 2026, 05.28 PM IST
Elon Musk loses trillionaire status as SpaceX rally fadesElon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX and Tesla shares. Just weeks after ...
24 Jun, 2026, 06.33 PM IST
Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortuneElon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares followin...
24 Jun, 2026, 05.01 PM IST
South Korea's SK Hynix says to raise $29 billion in ADR listingSouth Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This ...
24 Jun, 2026, 04.20 PM IST
Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...
23 Jun, 2026, 08.58 PM IST
SpaceX shares extend slide with another 3% fall; over $600 billion in market value wiped out in 3 sessionsSpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the stock belo...
23 Jun, 2026, 07.25 PM IST
Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market valueElon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping o...
23 Jun, 2026, 06.04 PM IST
US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...
23 Jun, 2026, 09.46 AM IST
Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
22 Jun, 2026, 11.56 PM IST
SpaceX holds $100.8 billion in cash as Elon Musk's rockets-to-AI reveals major details after $75 billion IPO makes it one of world's most valuable companiesSpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering.
22 Jun, 2026, 06.52 PM IST
As new tech shines, market takes rest on old cushions: Devina MehraForget the hype around tech giants like Mag 7 and MANGOS. Current market data reveals a shift, with US small-cap and old-economy stocks lik...
22 Jun, 2026, 05.53 AM IST
SpaceX valuation hinges on uncertain AI economics, says Professor Aswath DamodaranSpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath D...
20 Jun, 2026, 06.35 PM IST
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
20 Jun, 2026, 10.19 AM IST
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
17 Jun, 2026, 06.00 AM IST
SpaceX surges past Amazon, Microsoft: Why are Elon Musk-led company's stocks, valuation rising?SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carr...
17 Jun, 2026, 02.57 AM IST
US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAIU.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...
16 Jun, 2026, 07.23 AM IST
OpenAI IPO: Date, share price, valuation, timing and all details investors need to knowOpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...
09 Jun, 2026, 05.52 PM IST