Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
23 Jul, 2026, 11.05 AM IST
Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
23 Jul, 2026, 09.24 AM IST
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
23 Jul, 2026, 01.40 AM IST
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
22 Jul, 2026, 02.51 PM IST
Anant Raj demerger: Data centre arm to spin out as separate listed company, what lies ahead for 4 lakh shareholdersAnant Raj will demerge its data centre and cloud businesses into a separately listed entity, Ashok Cloud, enabling shareholders to directly...
22 Jul, 2026, 12.28 PM IST
Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...
21 Jul, 2026, 07.47 PM IST
Google connects new transatlantic cable between Portugal and the USGoogle's Nuvem, named after the Portuguese word for "cloud", links Myrtle Beach, South Carolina, with Sines, south of Lisbon, via Bermuda a...
21 Jul, 2026, 06.30 PM IST
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
20 Jul, 2026, 08.49 PM IST
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
20 Jul, 2026, 06.09 PM IST
Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
18 Jul, 2026, 08.50 AM IST
AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
17 Jul, 2026, 05.49 PM IST
Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targetsRamaswamy's award, totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is desig...
16 Jul, 2026, 05.28 PM IST
Cybersecurity: How Vijay Kedia's new-age thematic play handed him 3 multibagger stocksVeteran investor Vijay Kedia has identified a cybersecurity theme in his portfolio. He holds stakes in TechD Cybersecurity, Sattrix Informa...
16 Jul, 2026, 09.41 AM IST
Groww faces technical glitch, client withdrawals hitGroww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its clo...
11 Jul, 2026, 07.59 AM IST
UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
11 Jul, 2026, 07.57 AM IST
Special delivery: Italy's postman joins the AI infrastructure racePoste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the lo...
10 Jul, 2026, 04.33 PM IST
UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityBritain has designated Microsoft, Google, Amazon, and Oracle as critical third parties. This move brings these major cloud providers under ...
10 Jul, 2026, 03.53 PM IST