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DATA CENTRE STOCKS DECLINE
US stocks today: Dow rallies 1,500 pts, S&P, Nasdaq over 1% as Democrats win midterm electionsWall Street experienced a significant rally after the Democrats gained control of Congress, which eased political uncertainties. Investor s...
AI stocks retreat as Democratic sweep puts data centre boom in focusAI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data cen...
Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 ...
US stocks today: US stocks rally after Democrats' midterm sweep as AI infrastructure stocks slideUS stocks rallied after Democrats secured control of both chambers of Congress in the midterm elections, easing concerns over major policy ...
US stock market stages big rally today: Why is Dow Jones surging? Dow jumps 1,100 points as S&P 500 and Nasdaq turn green, with healthcare stocks at the centreUS stock market today: US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, w...
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power beginsData centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and G...
Eurozone bond yields steady as investors await inflation data; US Treasury yields ease after midterm electionsEurozone government bond yields were steady as investors awaited October inflation data, while US Treasury yields declined after Democrats ...
Kopsi, Taiwan, other Asian stocks tumble after US midterm elections signal Democratic victory. What’s the connection?South Korean and Taiwanese equities tumbled as a potential Democratic sweep in the US midterm elections fuelled concerns over tighter AI re...
US bond yields fall; Nasdaq, Dow Jones futures slip 2% as Democrats set for big win in US midterm electionsUS Treasury yields fell on Tuesday as investors sought safe-haven assets amid a sharp sell-off in US equity futures following projections o...
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...
NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
FPI G-Sec outflows nearly halve to Rs 5,400 crore in OctoberForeign portfolio investors reduced their selling of Indian government securities and equities in October compared to September. Despite th...
KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billionIn a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuat...
Australian outback data centre pulls timeline after regulator stallsStartup Energy North, which says it has finance lined up for a sprawling gas and solar-powered data centre on a cattle ranch in the country...
US Markets Today: US stocks end lower as Alphabet revenue miss revives AI capex jittersWall Street ended the day on a sour note, as Alphabet's revenue shortfall cast a shadow over the AI investment landscape and overall market...
US stocks today: Nasdaq slides over 1% as Alphabet's AI spending revives investor concernsThe Nasdaq Composite dropped over 1% as Alphabet reported disappointing advertising results. The downturn was worsened by software stocks, ...
TPG pursues $5 billion acquisition of British data centre group Ark: FTGlobal alternative asset manager TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of ...
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...
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...