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Shutterstock shares crash 29% after Getty Images calls off $3.7 billion mergerShutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...- US stocks today: US stocks dip as US-Iran tensions weigh on sentimentUS stocks fell as US-Iran tensions weighed on sentiment, dragging Dow, S&P 500 and Nasdaq lower. Tech stocks led declines even as Meta surg...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- ‘Microsoft powered genocide for 994 days’: Employee quits in dramatic resignation email, sends 'unhappy email' to thousands of company's employees. Here's what he wroteA Microsoft employee in Italy has resigned, alleging the tech giant fuels Israel's military actions in Gaza. His farewell email claims Micr...
- US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Australia's Firmus Technologies strikes AI access deal with NvidiaFirmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" customers, among others...
- Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
- US Stock Market: Russell index revamp set to trigger massive trading as SpaceX joins benchmarkA massive $150 billion trading surge is expected Friday as FTSE Russell's indexes undergo their annual overhaul, now happening twice a year...
- China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
- Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
- A unique fund with a contra bet on Indian IT and global tech exposure: Radhika Gupta on Edelweiss Technology FundEdelweiss Mutual Fund has launched a unique technology fund, blending Indian IT stocks with global tech giants. This fund aims for long-ter...
- US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
- Angel One, CAMS and ICICI AMC among JP Morgan's preferred bets on India's SIP boomJP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail f...
- US announces $17.5 billion in loans for nuclear power supply chainThe U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accele...
- 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...
- Meta to pause internal mouse-tracking tech while examining data security issuesThe company's announcement follows revelations that sensitive employee data, intended to monitor digital interactions within Meta's inter...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
- AI's hidden thirst: Why India must align AI and renewable energy policyIndia's AI ambitions face a critical water challenge, with data centre expansion demanding significant resources. While on-site cooling has...
- Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. FreemanDespite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...
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