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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...- Blue Star strengthens leadership as Q2 revenue jumps 21%, margins tightenBlue Star Ltd appointed Nithianand S and Senthil Thangam as key management personnel effective November 1, 2026. The company reported a 21%...
- Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
- Big Tech earnings: Microsoft, Google see cloud revenues surgeMicrosoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....
- STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billionSTMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and sate...
- US semicon gear giant KLA eyeing India manufacturingKLA makes advanced inspection tools, metrology systems, process solutions and computational analytics for manufacturing semiconductors and ...
- Adani Enterprises Q2 net profit falls 55% despite 75% increase in revenueAdani Enterprises saw a 55% drop in consolidated net profit for the September quarter. Revenue from operations increased by 75%, reaching ₹...
- Waaree Energies bets on US solar boom, expands local sourcing on data-centre growthWaaree Energies plans to significantly increase its solar module manufacturing capacity in the United States. The company aims to boost its...
- Waaree Energies Q2 Results: Profit falls 15% YoY to Rs 719 crore, revenue rises 24%Waaree Energies reported a 14.7% year-on-year profit decline to Rs 718.68 crore in Q2FY27, despite 23.9% revenue growth. Margin pressure pe...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
- Anthropic IPO puts AI spending under the spotlight as losses mountAnthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...
- Tata Communications to invest $450 million in 10,000 km AI fibre networkThe project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating...
- 44% of India’s GCCs now own platforms and AI outcomes: ReportGlobal Capability Centres in India are transitioning into AI capability hubs, significantly increasing salaries for digital professionals. ...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFAGlobal data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand...
- India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
- Eternal’s Q2 profit rises; SBI flags customer data leakEternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.
- China's AI data centre boom faces Return-on-Investment test as financing costs rise: Goldman SachsGoldman Sachs examined three business models in China's data centre sector: traditional powered-shell facilities, integrated AI data centre...
- Schneider Electric raises 2026 targets again on booming data centre demandSchneider Electric has achieved a record revenue of €11.46 billion in the third quarter, exceeding analyst projections. The company has adj...
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