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Wall Street Week Ahead: Investors see Micron earnings as pulse check of AI rally momentumInvestors are keenly watching Micron Technology's upcoming earnings report for crucial insights into the ongoing AI-driven stock market ral...- Jio revs up IPO engine; Accenture shock sinks ITJio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.
- Accenture cuts revenue outlook, stock crashes 17%Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even...
- Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- LSEG slowly sheds 'AI risk' tag with drive to show growthLSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models li...
- Honeywell's Quantinuum valued at $17.6 billion as shares rise in Nasdaq debutQuantinuum shares jump 13.3% in their Nasdaq debut, valuing the Honeywell-backed quantum firm at $17.6 billion. Strong investor interest re...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...
- Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover: ReportDutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus already...
- UK may block billionaire Sunil Bharti Mittal from raising stake in telecom giant BT: ReportThe UK government is set to block any move by Indian billionaire Sunil Bharti Mittal to increase his stake in telecom giant BT beyond 25%. ...
- Delivery Hero confirms takeover offer from UberDelivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its larg...
- Bharti group seeks UK support to raise BT stake, sources sayBharti Enterprises is exploring the possibility of raising its stake in British telecom company BT to just below 30%, according to people f...
- Wall Street Week Ahead: Nvidia, retailer reports to shed light on AI boom, consumer spendingStock markets are reaching new highs. Investors are watching for Nvidia's earnings report this week. This will show the strength of the art...
- SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
- Wall Street Week Ahead: Data, Iran, US-China meeting in focus for scorching US stock marketIndian markets are keenly watching upcoming inflation and consumer spending data, alongside developments in the Iran conflict and a crucial...
- Nvidia stocks: Why is NVDA share price down even as AI giant paid several billion dollars investment in in Corning?Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an ...
- US market today: Carlyle profit misses as asset sales fail to boost shareholder incomeGlobal investment firm Carlyle reported lower-than-expected profit for the first quarter on Thursday, as asset sales failed to translate to...
- Pinterest forecasts upbeat quarterly revenue on resilient ad spending, shares surgePinterest anticipates strong second-quarter revenue, exceeding analyst expectations. The image-sharing platform's shares surged on the news...
- Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...
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