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Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
Global Market Today: Wall Street gains lift Asian stocks as Fed decision loomsGauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...
Microsoft buyouts: MSFT stock price jumps but why is tech giant offering massive 'voluntary exit' package for 60,000 employees, including VP level? Check which countries workforce impactedMicrosoft, Amazon, Alphabet and Meta are collectively on track to pour roughly $700 billion into AI data centers, chips and computing infra...
Global Market: South Korean shares fall over 1% as AI trade concerns weigh; won strengthensSouth Korean shares fell as AI-related concerns weighed on sentiment ahead of major US technology earnings. The won strengthened against th...
Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earningsMSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earl...
Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
Global Market Today: Asian stocks rise on Fed rate signal, oil gainsMSCI Inc.’s Asia Pacific equities index advanced 0.2%. A selloff in semiconductor stocks sent the gauge to its weakest close since August o...
Could Iran target the Gulf’s digital backbone? The risks to data centres and internet cables explainedIran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalat...
YouTube was close to selling to Yahoo. How Google sealed the $1.65 billion deal at 3 A.M. in a Denny’s parking lotYouTube was close to selling to Yahoo in 2006 before Google agreed to pay $1.65 billion for the video platform. The deal was finalized in a...
The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
Global Market Today: Asian stocks rise after US tech rally, oil dipsMSCI’s Asia Pacific Index edged up 0.1%. Earlier, shares climbed on Wall Street after a rally in Nvidia Corp. and Microsoft Corp. helped th...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities rebounded on Monday after eight consecutive weekly losses, with Sensex rising 473 points and Nifty gaining 134 points. Soft...
Scott Bessent says AI industry must own its risks and find solutionsAnthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...
Nscale hires Meta’s Justin Osofsky to be COO ahead of IPOThe new COO, Justin Osofksy, worked at Meta for 18 years in various executive roles and was most recently its chief partnerships officer.
Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sectorOracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...
US stocks: US market slips as rising Treasury yields offset AI-driven tech gainsUS stock indices fell as increasing government bond yields weakened investor sentiment across the market. The Dow Jones Industrial Average,...
Indian executives are gaining clout in US corporate boardroomsThe landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
Microsoft abandons personal AI chatbot race with Copilot rebootThe result of a six-month engineering effort, the latest iteration of the assistant has absorbed the separate version for home use, adoptin...