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SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall StreetTesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed ...
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
Nokia says AI, cloud boosted sales in second quarterFinnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, b...
Xtranet Technologies IPO Day 1: Issue booked 51% so far on retail push. Check GMP & other detailsXtranet Technologies' IPO was subscribed 51% by early afternoon on Day 1, led by strong retail demand. The Rs 166.8 crore issue, priced at ...
Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
The Titans of Nasdaq 100: Top companies ranked by market capThe Nasdaq-100’s largest companies continue to dominate global technology, AI, cloud computing and digital markets. Nvidia and Apple lead b...
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
Xebia launches Xebia Axis: Agentic data foundation for faster AI readinessXebia has launched Xebia Axis, an agentic data foundation solution. This new platform accelerates enterprise data migrations for AI readine...
Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
Xtranet Technologies announces IPO dates for launch next week. Check detailsXtranet Technologies will launch its Rs 166.8 crore IPO on July 23 at a price band of Rs 120-127 per share. The issue, comprising a fresh i...