Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
19 Aug, 2026, 11.29 AM IST
Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
18 Aug, 2026, 07.54 PM IST
From dairy machines to AI factory: L&T is future-proofing its empireLarsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technolog...
18 Aug, 2026, 04.00 PM IST
Rs 5 lakh investment, Rs 10 crore revenue: How 2 Bengaluru sisters turned their grandmother’s biryani recipe into a thriving food businessTwo Bengaluru sisters have turned a cherished family recipe into a thriving food business. Inspired by their grandmother’s iconic biryani, ...
18 Aug, 2026, 01.14 PM IST
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
17 Aug, 2026, 01.01 PM IST
Shiprocket IPO: Important numbers to know before the listingShiprocket is set to make its much-anticipated stock market debut on August 19, following a strong response to its initial public offering ...
15 Aug, 2026, 03.08 PM IST
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
15 Aug, 2026, 02.51 PM IST
Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
15 Aug, 2026, 12.37 AM IST
Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in MarchOracle layoffs 2026: Oracle employees could face another layoff wave on September 1, with reports suggesting 6am job-cut emails may arrive ...
14 Aug, 2026, 08.07 PM IST
Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
14 Aug, 2026, 08.58 AM IST
US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
13 Aug, 2026, 07.43 PM IST
Global Market: Singtel Q1 profit beats estimates on strong Optus, regional contributionsSingtel reported a better-than-expected Q1 FY27 underlying net profit, driven by Optus, regional associates including Bharti Airtel and AIS...
13 Aug, 2026, 12.00 PM IST
Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...
12 Aug, 2026, 10.00 PM IST
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
12 Aug, 2026, 05.57 PM IST
ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
11 Aug, 2026, 05.26 PM IST
Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexibl...
11 Aug, 2026, 03.47 PM IST
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
06 Aug, 2026, 08.36 PM IST