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Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...- KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...
- Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
- GIFT Nifty signals muted start for Dalal Street amid cautious tradeIndian markets experienced a volatile session ahead of monthly expiry, with the Nifty closing lower at 23,866. Geopolitical tensions in Wes...
- Schneider Electric signs deal to buy AI software player Cognite for $3.1 billionThe French multinational said in a press release it would pay $3.1 billion for the whole of Cognite in an all cash deal.
- ET Graphics: AI agents stealing IT’s lunchAI’s looming threat on the IT services sector has battered India’s blue chip technology stocks. Whether its a new frontier model launch, or...
- US stocks today: US stocks end higher as Iran tensions ease; major tech-related shares jumpUS stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, wit...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- Who pays when Blockchain fails, ask experts flagging gapsUnlike conventional digital systems, where responsibility typically rests with a platform operator, data controller or service provider, bl...
- Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
- EU defends digital tax approach, says ready to act if Trump takes measures"Any taxes are non-discriminatory by design and apply equally to all large companies, regardless of their origin", a spokesperson said, a...
- US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
- OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
- Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay reportJapan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which ...
- Sony discontinues Japan sales of robot puppy 'aibo'Sony is halting sales of its robotic puppy "aibo" in Japan, the company said, eight years after the latest model of its interactive android...
- WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- UN chief calls on AI firms to come clean on environmental costsThe rapid development of data centres globally to fuel the AI revolution has drawn scrutiny from environmental groups for their high energy...
- Netherlands to join US-led 'Pax Silica' on secure AI, chip supply chainsThe entry of the Netherlands, as the host country of top computer chip equipment maker ASML, is an important win for the initiative, one o...
- Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
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