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Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...- Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
- Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
- US Stock Market: Fed's Goolsbee sees early signs of relief in services inflation, says core price pressures remain elevatedChicago Fed President Austan Goolsbee said the latest US inflation data shows some improvement in services inflation, but underlying price ...
- DoT opens applications under new telecom authorisation regimeThe Department of Telecom has opened applications for companies seeking authorization to provide telecommunication services under the new T...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- In the age of AI, telecom vendors say no device can be declared vulnerability-freeTelecom equipment manufacturers are struggling with the government's demand for guaranteed vulnerability-free gear, citing the rapid evolut...
- BSNL's corner office goes open market as Centre seeks new CMDThe government is actively seeking a new Chairman and Managing Director for BSNL, opening the door to private sector professionals for the ...
- DoT notifies new authorisation norms for telcos to shift from licencing regimeThe government has launched a new authorization-based framework for the telecom sector, replacing the old licensing system. A dedicated por...
- Talk of a bubble is an 'insult to AI' says SoftBank's SonMasayoshi Son, SoftBank's CEO, dismissed concerns about an AI bubble, calling it an "insult to AI" and emphasising its nascent stage with v...
- From Brazil to Southeast Asia: 5 exotic plants that make your home look luxuriousElevate your home's aesthetic without breaking the bank! Discover seven stunning plants from around the globe that bring an air of luxury t...
- Satcom firms flag omission of GMPCS in DoT's draft spectrum allocation rulesSatellite communication firms are concerned over the exclusion of Global Mobile Personal Communications Service (GMPCS) providers from draf...
- Bharti Airtel raises stake in Airtel Africa to 79 per cent in transaction worth Rs 28,000 crBharti Airtel has significantly boosted its stake in Airtel Africa to approximately 79 percent through a Rs 28,200 crore share-swap deal. T...
- DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...
- Family bankruptcy meant Kunal Shah could not afford BTech, studied philosophy and did data entry operator jobs. Cred founder is WhatsApp's new global bossKunal Shah’s journey to becoming Meta’s new global head of WhatsApp is far from the typical startup success story. After his family went ba...
- DoT drafts spectrum assignment rules for BSNL, satellite and broadcasting firms; NGSO players excludedNew draft rules from the Department of Telecommunications will allow administrative spectrum assignment for state-run firms like BSNL and M...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Warren Buffett on why bubbles end badly – even when everyone knows they willWarren Buffett compared bubble investors to Cinderella at the ball: Everyone plans to leave just before midnight, but they are dancing in a...
- US Stock Market: Warsh signals overhaul of policy communications, skips rate projection in major shiftFederal Reserve Chair Kevin Warsh signalled a possible overhaul of the US central bank’s communication strategy after declining to submit h...
- AI-led growth continues to draw global capital into the US: Mitul KotechaThe Federal Reserve's hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to hi...
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