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SAASPOCALYPSE TECH STOCKS
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
David Wadhwani, Anil Chakravarthy or...? Adobe Looks within & outside for CEO in AI eraAs part of the search, Microsoft Executive VP Charles Lamanna held discussions with Adobe about the role, but ultimately opted against cont...
Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
Michael Burry’s AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?Michael Burry’s AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial i...
Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Anthropic’s Claude Mythos AI fears trigger $2 trillion wipeout in IT stocks; JPMorgan CEO Jamie Dimon warns 'AI will likely worsen...'Anthropic’s powerful new AI model, Claude Mythos Preview, has triggered a $2 trillion selloff in enterprise software stocks and prompted an...
An Indian's role in the SaaSpocalypse that took away Rs 2.5 lakh cr from desi tech giantsAn Indian-born tech leader, Rahul Patil, is at the heart of a market upheaval. His work on Anthropic's new Claude AI, capable of independen...
Infosys, Wipro, TCS, other IT stocks in focus as US tech shares rebound following selloff last weekIndian IT stocks are back in focus after a rebound in US technology shares helped stabilise sentiment following a sharp sell-off. Concerns ...
Rs 2 lakh crore SaaSpocalypse for IT stocks explained: What it means for investorsIndian IT stocks experienced a significant selloff on Wednesday. Investors reacted to fears that artificial intelligence could make traditi...
AI is the pin popping SaaS inflated balloon: Zoho founder Sridhar Vembu on Anthropic shockZoho founder Sridhar Vembu has warned that AI is bursting the “inflated” SaaS bubble, as automation threatens core coding and professional ...
From feature to foe: Anthropic move is a trailer of AI-pocalypseAnthropic's Claude Cowork agent, now equipped with task-automating plugins, has triggered a "SaaSpocalypse" fear in tech stocks. This move ...
‘SaaSpocalypse’: What is Anthropic’s newest AI tool and what are the consequences for global tech companies?Global software and IT stocks suffered a sharp selloff after Anthropic unveiled new AI tools capable of automating legal, sales, marketing ...