SK Hynix seeks US nod to expand China chip output, ties approval to US plant: ReportSK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an inc...
Rs 82,500 crore rally in 3 days: Why TCS, HCL Tech, other IT stocks jumped up to 12% in 3 days and will the boom last?Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector’s market capitalisation. The...
US stocks: US market slides as hot CPI data fuels rate-hike bets; chips, banks weighWall Street's major indices took a hit as an inflation report outpaced forecasts, sparking heightened speculation about rate increases. Inv...
US chip stocks slide as China’s CXMT advances; AI spending fears rattle investorsShares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China's CX...
US stocks: Goldman Sachs quarterly profit rises on equities strengthGoldman Sachs reported a remarkable profit increase in the third quarter, largely thanks to fluctuating market dynamics. Equities revenue s...
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns ...
Bitcoin falls to $82,000 as OpenAI revenue concerns and geopolitical tensions trigger nearly $1 billion in crypto liquidationsBitcoin hovered near $82,000 as geopolitical tensions, rising oil prices and concerns over OpenAI revenue weighed on risk assets, triggerin...
Ahead of Market: 10 things that will decide stock market action on FridayIndian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentime...
US stocks: US markets fall as higher yields and oil prices flag inflation riskUS stocks fell as crude oil prices surged and Treasury yields remained high, raising inflation concerns. Major companies like Amazon, Tesla...
Why is the US stock market down today? Dow Jones, Nasdaq and S&P 500 in deep red — rising Treasury yields, oil prices and Fed uncertainty weigh on stocksWhy is the US stock market down today? The Dow Jones crashes today, falling 565 points, or 1.10%. The S&P 500 slipped 0.68% to 7,765.65, wh...
Nvidia soars near $6 trillion market cap with stock back at highNvidia has witnessed a remarkable surge in its stock price, propelled by a promising revenue forecast and a robust buyback initiative. The ...
Global M&A deal rush fades in third quarter as rising borrowing costs biteGlobal mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decreas...
Jio Platforms IPO in final stages after concluding worldwide roadshowsJio Platforms is on the verge of launching what is projected to be the largest public offering in India, targeting USD 3.8 billion. Interna...
Global Market: SK Hynix to assess shareholder protection over potential Solidigm listingSK Hynix will assess measures to protect shareholders amid market concerns over a potential listing of its U.S. subsidiary Solidigm. Reuter...
US stock market today: Why Dow Jones falls while S&P 500 and Nasdaq climb as Nvidia, Oracle and Intel gain on oil retreatUS stock market today: The Dow Jones pulled back slightly, while the S&P 500 and Nasdaq hovered near the flatline. Major tech and retail st...
Anthropic, OpenAI sound AI doomsday warning, Nvidia may have an answer. Here's explainerAI safety debate has divided the industry, with the heads of Anthropic and OpenAI championing a coordinated slowdown of Artificial Intellig...
How AMD went from Intel’s smaller rival to a $1 trillion AI contenderAMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and pr...