Not a moon crash, but AI sends SpaceX shares spiralling 14% lower on Wall Street. What lies ahead?SpaceX shares plunged 14% as investors raised concerns over the company’s aggressive AI spending plans, despite strong quarterly results. T...
06 Aug, 2026, 12.43 PM IST
US stocks may have more room to rally as earnings, AI spending support marketStrong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock ...
06 Aug, 2026, 10.53 AM IST
Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
05 Aug, 2026, 11.48 PM IST
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
05 Aug, 2026, 10.19 PM IST
SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's whySpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the Apri...
05 Aug, 2026, 02.44 PM IST
CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
04 Aug, 2026, 06.40 PM IST
What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
04 Aug, 2026, 02.56 PM IST
Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
03 Aug, 2026, 09.45 PM IST
SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
03 Aug, 2026, 04.04 PM IST
SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
03 Aug, 2026, 03.48 PM IST
Microsoft's AI-Fuelled Rally: 5 reasons Wall Street is bullish againMicrosoft's latest earnings reignited Wall Street's AI optimism as Azure outperformed, cloud demand accelerated and a record order backlog ...
03 Aug, 2026, 02.44 PM IST
Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
01 Aug, 2026, 02.50 PM IST
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...
01 Aug, 2026, 09.15 AM IST
Amazon shares surge 13% as cloud growth eases AI spending fearsAmazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...
31 Jul, 2026, 09.40 PM IST
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
31 Jul, 2026, 05.49 PM IST
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
31 Jul, 2026, 08.09 AM IST
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
30 Jul, 2026, 12.31 AM IST