No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressureThe Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...
02 Jul, 2026, 05.53 PM IST
Sensex jumps 580 points, Nifty closes above 24,150 as IT stocks outperform; oil prices near $70/barrelIndian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains in IT stocks lifted sentiment. An...
02 Jul, 2026, 03.53 PM IST
OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
02 Jul, 2026, 11.47 AM IST
Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
02 Jul, 2026, 11.10 AM IST
China’s factories cap best quarter since 2020, survey showsThis "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The p...
02 Jul, 2026, 10.39 AM IST
Micron pledges $250 million for Trump Accounts, says US PresidentMicron Technology has pledged $250 million to the "Trump Accounts" initiative, a program designed to bolster financial security for America...
01 Jul, 2026, 10.16 PM IST
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
01 Jul, 2026, 04.26 PM IST
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
01 Jul, 2026, 07.01 AM IST
US envoy Sergio Gor says Marco Rubio plans second India visit this year, reassures American investorsTo illustrate the deepening personal connection between the two administrations, the envoy revealed that US Secretary of State Marco Rubio ...
30 Jun, 2026, 07.36 AM IST
'It's in last 1 or 2%': US envoy Sergio Gor declares India-US trade pact nears finish lineUS Ambassador to India Sergio Gor announced the India-US bilateral trade agreement is nearing completion, with only minor legal details rem...
30 Jun, 2026, 07.04 AM IST
Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
29 Jun, 2026, 06.43 AM IST
Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...
27 Jun, 2026, 04.58 PM IST
US dollar heads into second half of 2026 as world’s top-performing major currencyThe US dollar is set to enter the second half of 2026 on a strong footing, supported by higher interest rates, resilient economic growth an...
26 Jun, 2026, 04.27 PM IST
Trump administration asks OpenAI to limit release of GPT-5.6: ReportPer the report, the White House's Office of the National Cyber Director and the Office of Science and Technology Policy requested that the ...
26 Jun, 2026, 03.50 PM IST
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
26 Jun, 2026, 10.23 AM IST
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
25 Jun, 2026, 11.20 AM IST
Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
22 Jun, 2026, 09.04 PM IST