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ARTIFICIAL INTELLIGENCE SURGE
LTTS reports 67% net profit surge to Rs 548.2 crore, driven by SWC businessThe Pune-headquartered company booked a capital gain of Rs 165 crore from the SWC divestment. Profit from continuing operations rose about ...- Online festive sales fizzle; Snowflake CEO on AI’s impact on softwareHappy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today’s ETtech Morning Dispatch.
- Global Market: South Korean shares fall as AI investment worries weigh on chipmakersSouth Korea’s Kospi fell as AI investment concerns triggered technology stock selling, although dip buying helped recover early losses. Sem...
- Ecommerce festive sales fizzle out on price pangsExecutives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as price...
- Rising borrowing costs signal funding risks for global AI expansion: Jefferies reportAs the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Co...
- Central bankers eye higher rates as AI boom fuels scramble for cashThe surge in artificial intelligence is sparking worldwide investments while simultaneously elevating borrowing rates for both governments ...
- Rising borrowing costs signal funding risks for global AI expansion: ReportFinancial markets are facing elevated credit risks, particularly for firms operating in the artificial intelligence infrastructure sector. ...
- AI 'most consequential change' to US and global economies in my lifetime: Fed Chair Kevin WarshFederal Reserve Chair Kevin Warsh called artificial intelligence the most consequential change to the US and global economies in his lifeti...
- Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
- D-Street's proxy AI trade shines in a bleak year for stocksIndia's Nifty 50 index faces considerable challenges this year, with a significant drop since January. In contrast, stocks linked to artifi...
- Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
- Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
- $845 billion windfall in 2026: AI boom drives unprecedented wealth creation for tech billionairesTechnology billionaires added a record $845 billion to their combined fortunes in the first nine months of 2026, driven by the artificial i...
- Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culpritsThe IMF has flagged three risks to global financial stability: an AI-driven market correction, rising sovereign bond yields and cyberattack...
- Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weaknessJapan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness....
- AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
- Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
- India’s app economy goes spiritual: Religious and astrology apps clock nearly 30 crore downloads in nine monthsReligious, spiritual and astrology apps recorded nearly 30 crore downloads in India between January and September 2026, surpassing their co...
- Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
- McKinsey flags looming AI spending surge for US agencies as subsidised deals give way to market pricingAs subsidised access to AI tools comes to a close, US government agencies may see a substantial rise in AI-related expenditures. Although t...
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