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QUANT SYSTEMS INC.
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...- AI-as-a-service vs lab-as-a-service: What’s the difference and how they are changing AI adoptionBusinesses are now deciding whether to buy AI tools or build custom systems. AI-as-a-service offers quick solutions for simple tasks. Lab-a...
- Meme-stock roar fades on Wall Street as retail finds new thrillsMeme stock trading is now normal in US markets. Opendoor, Krispy Kreme, and GoPro saw big surges. Warnings about speculation are ignored. C...
- Oswal Pumps shares rise 3% post listing below GMP; brokerages recommend holding for long termOswal Pumps made a muted market debut, listing at Rs 632 on the BSE—below grey market expectations of Rs 655—despite broader market gains. ...
- Sonata Software inaugurates new Hyderabad facility; plans to add 5,000 jobsThe unit, spread across 200,000 sq ft at the Vamsiram Suvarna Durga Tech Park, will also act as a hub for Sonata’s subsidiary, Quant System...
- DeepSeek: The sudden fame of a Chinese upstart makes waves and draws attacksDeepSeek R1: China's AI startup DeepSeek and its R1 model have garnered massive attention, leading DeepSeek's AI assistant to top download ...
- FIIs correct November mistake with $3 billion shopping. Is Santa already here?Foreign institutional investors (FIIs) have reversed course, pouring $3 billion into Indian stocks this December after selling $2.5 billion...
- High-speed traders, short sellers face growing Asia crackdownThe controversial nature of such restrictions is on full display in South Korea, where a short-selling ban hurt its attempts to win an upgr...
- BlackRock buys 9.46 lakh shares in Titagarh Rail for 153 crore via block dealBulk deal data from the BSE reveals that Rashmi Chowdhary sold more than 26.93 lakh shares at Rs 1,618 each, netting approximately Rs 436 c...
- Goldman’s biggest office beyond New York attests to India’s services exports boomDotted around Bengaluru, formerly known as Bangalore, are the offices of luxury retailer Saks Fifth Avenue Inc., aircraft-engine maker Roll...
- Google permits alternative billing system, but developers cry foul; Uber looks to partner with private taxi operatorsComplying with Competition Commission of India (CCI) directives, Google is bringing about a change in its ‘Google Play payment policy’. The...
- Sonata Software to acquire Texas-based Quant Systems for $65 millionThis is Sonata Software's largest acquisition to date and is expected to have a significant contribution to its revenue going forward.
- Multibagger IT stock rises over 4% on acquisition of Quant SystemsSonata Software is to make an upfront payment of $65 million and a $95 million achievement-based payment over the next two years. The acqui...
- India’s surprise rate hike spurs aggressive tightening betsThe Reserve Bank of India stunned the markets Wednesday with its 40 basis point rate increase and a move to suck out billions from the bank...
- FII selling makes rupee Asia’s worst-performing emerging market currencyThe currency declined 1.9% this quarter as global funds pulled $4.2 billion of capital out of the country’s stock market, the most among re...
- AMC drama is exposing risks in $11 trillion world of indexingA similar phenomenon took place in January, when GameStop at one point surged more than 1,600%. Shares of the video-game retailer also rall...
- Bitcoin is facing a make-or-break moment, technicals showThough the cryptocurrency has rebounded above its average price over the past 100 days, it’s still trading below its 50-day moving average.
- FOMO among big investors may support Bitcoin surgeThe financial industry was something of a curious onlooker during Bitcoin’s furious, retail-led rally past $19,000 in 2017. There are signs...
- A robot tried to fix value investing and ended up buying AmazonThe strategy of buying stocks that appear cheap relative to their fundamentals has been struggling for more than a decade, but a South Kore...
- Facebook signs up IIT graduates for Rs 1.55 crore; companies offer more jobs this placement seasonIn the first 20 hours, Facebook ruled the roost with a Rs 1.55 crore ($250,000) salary offer including bonus & ESOPs for a US posting.
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