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Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- US stocks: CrowdStrike shares fall as 'Mythos moment' fails to cheer investorsCrowdStrike experienced a stark decline in its share prices on Thursday, largely attributed to its quarterly guidance that failed to impres...
- GSK in talks to buy cancer biotech Nuvalent for more than $9 billionBritish drug giant GSK is reportedly in talks to acquire cancer drugmaker Nuvalent. The deal could be worth over nine billion dollars. Disc...
- Tata Group units plan bond sales after year-long gap, bankers sayTwo Tata Group infrastructure units, Tata Steel and Tata Projects, are poised to re-enter the corporate bond market after a 15-month hiatus...
- Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
- Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOsBitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards b...
- Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...
- Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to m...
- 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...
- CrowdStrike shares fall as 'Mythos moment' fails to cheer investorsCrowdStrike shares dropped significantly on Thursday. This happened after the company's financial outlook did not meet high investor hopes....
- US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...
- US Stock Market on Thursday: S&P 500, Nasdaq, Dow Jones set for volatile trading. Full list of stocks to watch out todayDow Jones, S&P 500, Nasdaq investors in the U.S. Stock Market will look for Broadcom stocks, Micron Technology, Advanced Micro Devices, Mar...
- 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...
- CrowdStrike reports higher operating expenses as AI investments gain paceCrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $...
- Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocksEuropean shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors awa...
- China's Zhipu AI plans to apply for Shanghai's Sci-Tech Board listingOne of the leading players in China's crowded artificial intelligence sector, Zhipu AI, said the proposed issuance of A shares, each with a...
- 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...
- Dell rallies about 40% on strong Nvidia‑powered AI server demandThe AI server and enterprise infrastructure supplier is set to add more than $81 billion in market value at the current share price of $4...
- Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
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