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'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concer...- Elon Musk loses trillionaire status as SpaceX rally fadesElon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX and Tesla shares. Just weeks after ...
- Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortuneElon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares followin...
- Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
- Mark Zuckerberg directed Meta to create a prediction markets app: NYTMeta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Ini...
- US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanD...
- Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprintKunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment hi...
- South Korean shares fall more than 4% on profit-takingSouth Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gai...
- SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
- SpaceX holds $100.8 billion in cash as Elon Musk's rockets-to-AI reveals major details after $75 billion IPO makes it one of world's most valuable companiesSpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering.
- SpaceX valuation hinges on uncertain AI economics, says Professor Aswath DamodaranSpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath D...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Aswath Damodaran's warning on trillion-dollar fight over SpaceX and OpenAI in world's most powerful stock indexNYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 5...
- SpaceX surges past Amazon, Microsoft: Why are Elon Musk-led company's stocks, valuation rising?SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carr...
- SpaceX set to surpass Amazon's market cap as post-IPO rally continuesThe stock, which surged more than 19% on Monday, was last up 10.1% at $211.8, giving the company a market capitalisation of nearly $2.8 t...
- SpaceX set to surpass Amazon's market cap as post-IPO rally continuesElon Musk's SpaceX is experiencing a significant surge in its stock value. Shares rose over 10% in premarket trading on Tuesday. This rally...
- Investors fuel SpaceX boom as stock soars for second straight sessionSpaceX shares surged for a second day, adding to initial gains and pushing its market value over $2.3 trillion. This valuation places the c...
- Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerThe IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platf...
- Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerSpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other ...
- What Elon Musk's trillion would mean in real termsElon Musk is poised to become the world's first trillionaire. This unprecedented wealth accumulation follows the market debut of his compan...
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