Google shares crash 13% after $9 billion cash burn sparks AI spending fearsAlphabet shares crashed 13% as third-quarter earnings missed expectations due to heavy AI spending and slowing search ad growth. Net profit...
29 Oct, 2026, 08.19 PM IST
Why did Alphabet stock crash 10% as Microsoft shares rose nearly 4%? Google parent may face its worst post-earnings drop ever as search ads slow and cash flow turns negativeAlphabet (GOOGL) stock falls 10% after Q3 earnings: Alphabet, Google’s parent, saw its shares drop over 10% in US premarket trade on Thursd...
29 Oct, 2026, 06.10 PM IST
B2B manufacturing startup CapGrid closes Rs 50 crore round; valuation up 40%CapGrid has recently secured Rs 50 crore in funding, primarily aimed at enhancing its operations. The ramp-up in capital is expected to hel...
29 Oct, 2026, 04.28 PM IST
Dashverse shuts DashReels, seeks $40 million for AI pushThe Bengaluru and San Franciscobased startup is pitching its businessto-business software platform, Frameo AI, to prospective investors as ...
29 Oct, 2026, 02.27 PM IST
Philip Morris Q3 net revenues rise 5.5% to $11.4 billion on smoke-free, combustible growthTobacco major Philip Morris International (PMI) reported a 5.5 per cent YoY rise in net revenues to $11.4 billion in Q3, driven by growth i...
29 Oct, 2026, 12.29 PM IST
Sanjeev Bikhchandani to return as Info Edge CEO after 16 yearsThe leadership change was announced alongside the company’s July-September quarter results on Wednesday. Info Edge reported an 87% year-on-...
28 Oct, 2026, 07.11 PM IST
Info Edge Q2 Results: Net profit plunges 93% YoY to Rs 334 crore, revenue rises 13%; co declares Rs 3/share interim dividendInfo Edge reported a sharp year-on-year decline in Q2 net profit due to a large exceptional gain in the previous year, while revenue and op...
28 Oct, 2026, 04.19 PM IST
Pepper crosses $11 million ARR as SEO and GEO pivot pays off, eyes $30 million in 12 monthsThe eight-year-old content platform says it is already profitable and expects roughly ₹20 crore EBITDA this financial year, with the US dri...
28 Oct, 2026, 10.44 AM IST
Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
28 Oct, 2026, 08.56 AM IST
SBI Life posts 11% growth in Q2 net profitSBI Life Insurance has unveiled an impressive 11% net profit growth year-on-year for the September 2026 quarter, alongside an 8.2% rise in ...
28 Oct, 2026, 07.33 AM IST
AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsAs enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by for...
27 Oct, 2026, 05.02 PM IST
Tata Consumer spills the tea on its whole new growth recipeTata Consumer Products reported a better-than-expected second-quarter net profit of ₹469 crore, up from ₹404 crore a year earlier, driven b...
27 Oct, 2026, 02.00 PM IST
Practo founder’s Cent raises $15 million from Blume Ventures, South Park CommonsThe round, comprising equity and debt, comes nearly eight months after the Bengaluru-based company raised an undisclosed amount from South ...
27 Oct, 2026, 12.37 PM IST
Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPOAnthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business m...
26 Oct, 2026, 09.57 PM IST
He wanted coffee lovers to explore new countries through every cup. How Michael Shewmake built a $22 million coffee subscription businessMichael Shewmake started Atlas Coffee Club with $5,000 and a plan to help people discover coffee from around the world. From its colourful ...
26 Oct, 2026, 09.11 PM IST
Anthropic IPO: 5 jaw-dropping numbers investors need to know about $1.5 trillion public offerAnthropic’s planned IPO could test investor appetite for AI amid a potential $1.5 trillion valuation. Revenue growth, substantial losses, $...
26 Oct, 2026, 09.07 PM IST
Eloelo in talks to raise $50-60 million at $400 million valuationThe potential funding follows a sharp expansion of Eloelo's micro-drama business, Story TV, which has helped lift annualised collections mo...
26 Oct, 2026, 06.00 AM IST