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Anthropic IPO filing ratifies Wall Street's AI obsessionTech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price i...- Amazon CEO reveals AI revenue, dismisses spending doubts in annual letterAmazon's cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressiv...
- Walmart hits $1 trillion market value, joins club dominated by Big Tech giantsWalmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, riding on a year-long rally that has seen its sha...
- S&P 500, Nasdaq, Dow Jones surge into month-end with five-day rally as rate-cut bets ignite markets, Dow set to approach its best winning streak since 2018?Wall Street ended November on a strong note, with major indexes extending winning streaks. The Dow is poised for its seventh consecutive po...
- Hood stock surges 14% as Robinhood joins S&P 500: Analysts are bullish – suggesting strong buyRobinhood stock surged 14% after the trading app pioneer joined the S&P 500 index. Once known for meme stock volatility, Robinhood has rebu...
- Even Elon Musk fans dash for the sidelines with Tesla in freefallElon Musk's Tesla Inc. faces a significant stock decline, sparking concern among long-term investors. Despite President Trump buying a Tesl...
- Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech worldSatya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant'...
- Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech worldDeepSeek's quick progress has stirred doubts about the lead America has in AI with models that it claims can match or even outperform Weste...
- Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
- Financial industry grappling with AI's gifts and perils, executives sayZack Kass, a former head of business partnerships at OpenAI said AI systems could be better than humans at explaining to clients why they a...
- Nvidia set to overtake Apple as world's second-most valuable company at $2.68 trillionNvidia could soon surpass Apple to become the world's second-most valuable company, benefitting from the surge in adoption of AI applicatio...
- Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
- Wall Street banks express optimism but warn of risks aheadCEOs of investment banking giants expressed optimism about a resurgence in capital markets when they reported fourth-quarter earnings on Tu...
- Apple’s reign as world’s top stock at risk from bumpy 2024 startApple shares fell 0.4% Friday to close at about $181 after the New York Times reported that the Justice Department is closer to filing an a...
- Nvidia hits record high as AI boom lifts bets on another strong forecastThe shares eased 1.1% from a record high of $481.87 hit minutes after the market opened, crossing its previous peak of $480.88 on July 14.
- Nvidia hits record high as AI boom lifts bets on another strong forecastShares were last up 0.4% at $471.55 after hitting a record high of $481.87 minutes after the market opened and crossing its previous peak o...
- Alphabet, Meta lure back advertisers as smaller rivals expected to struggleAdvertisers are facing an environment where they must "do more with less," Philipp Schindler, Google's chief business officer, said on an e...
- Genpact expects higher growth in medium termThe company, which was spun off from General Electric, had seen its growth curbed as GE Capital sold off some businesses but is now forecas...
- Model N to invest $ 25 mn in healthcare segmentUS-based revenue management solutions provider Model N said that it will invest $ 25 million in the next three years to offer customised so...
- US IT firm, Model N Inc to invest $25mn in its Hyderabad centreModel N Inc, a Silicon Valley- based revenue management solutions provider, will be investing $ 25 mn in its India operations at Hyderabad ...
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