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ANNUAL PROFIT FROM AI
Super Micro climbs after upbeat forecast shows robust AI demandSuper Micro Computer's stock has surged significantly following their announcement of impressive revenue forecasts that have surpassed anal...- AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinseyWhile new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companie...
- Piramal Finance shares jump 4% as Q2 profit rises 67% YoY to Rs 545 crore, NII jumps 35% YoYPiramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, w...
- Can Jio Platforms IPO deliver long-term growth for high-risk investors?Jio Platforms, leading India's largest IPO, presents a compelling investment avenue for everyday investors. Despite its massive telecom cus...
- Micron workers in Taiwan to strike in push for bigger profit shareHuge global appetite for chips used in AI data centres has sent revenues soaring for firms that design, produce and assemble them but as th...
- How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribedHappy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Di...
- HFCL Q2 net profit jumps 448% to Rs 394 croreNet profit surged 448.14% year-on-year to ₹394.22 crore from ₹71.92 crore a year ago, while revenue increased 143.62% to ₹2,541.79 crore fr...
- S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surgesS&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to da...
- Meet Kevin Corey, the high school business teacher who started a wipes brand with $14,000; by 2025, it was generating $3.8 millionCorey is the co-founder of Stall Mates. It is a brand of flushable bathroom wipes that he built with his teaching career. All of this start...
- SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk growsAs SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth...
- Musk’s SpaceX, Tesla results to test AI spending as merger speculation buildsSpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight ...
- China's AI data centre boom faces Return-on-Investment test as financing costs rise: Goldman SachsGoldman Sachs examined three business models in China's data centre sector: traditional powered-shell facilities, integrated AI data centre...
- Chip selloff deepens Wall Street losses as doubts grew over AI returnsA significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 10...
- About two-thirds of Indian companies are at or near their AI goals: Autodesk reportThe fourth edition of the annual survey covered 462 respondents in India across architecture, engineering, construction and operations, des...
- CoreWeave's slump puts spotlight on debt behind AI boomThe loss-making AI cloud company, burdened with about $50 billion in debt, has become the poster child for mounting concerns that the data ...
- US stocks: CoreWeave's slump puts spotlight on debt behind AI boomCoreWeave's financial distress is highlighted by its $50 billion debt and significant default risks, causing stock prices to drop. Investor...
- Ralph Lauren ties executive payouts to AI in sign of retail's shifting prioritiesRalph Lauren has replaced its sustainability metric with AI metrics in its executive incentive plan for the year 2026. This change follows ...
- AI could free up 40% of banks' middle and back-office capacity by 2030: BCG ReportThe integration of artificial intelligence is set to drastically reshape the workforce in the banking industry's middle- and back-office se...
- TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 p...
- AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
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