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Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, ...
Meet Hannah Pollack, a former marine who spent $20 on an ice cream sandwich side hustle in 2016; 10 years later, her business was making $3 million a monthPollack and Xavier worked on the business. They started making ice cream sandwiches for just $20. Usually, this is not a very big investmen...
AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
CoreWeave stock wipeout exposes divide between AI fear and greedCoreWeave Inc. is navigating turbulent stock trends due to climbing bond yields and investor trepidation over its debt, raising fears of de...
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 advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
Nvidia CEO Jensen Huang says he would cut off customers who build unsafe AINvidia is the dominant supplier of artificial intelligence accelerators, the chips used to train and run AI models. That’s put it at the ce...
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...
Sarvam plans big fundraise; HCLTech's Q2 profit jumpsHappy Tuesday! Sarvam is in talks for a big round that could double its valuation to $3 billion. This and more in today’s ETtech Morning Di...
AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
Trump’s AI liability push opens blame game for models gone rogueHolding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...
- Firmus $5 billion float failure deals blow to Australia's shrinking share market
Firmus has decided to scrap its ambitious $5 billion IPO, primarily due to the prevailing market volatility. This choice is a major blow to...
Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
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 Market Today: Asian stocks hold near record highs, oil climbsMSCI’s Asia Pacific equities gauge edged up 0.1%, helped by advances in Japan, while South Korean shares reversed an early decline to rise ...
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...
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.
Nvidia falls short of May record as value nears $6 trillionShares of the world’s most valuable public company gained as much as 3% Friday to touch an intraday record and closed up 1.3%, shy of their...
Broadcom starts amassing $60 billion to fund chips for Anthropic: ReportBanks involved in the massive debt package are poised to send out syndication letters for a $42 billion Class A senior-secured tranche, the...