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ECONOMIC GROWTH AND AI
US stocks today: Nasdaq, S&P 500 rise as Nvidia revives AI rally; Fed outlook in focusNvidia's strong revenue forecast revived the AI trade and lifted the Nasdaq and S&P 500, but Wall Street's focus is quickly shifting to Fed...
Nvidia shares extend gains, jump 7% as blockbuster earnings revive AI trade ,Nvidia shares jumped about 7% after strong quarterly results and a bullish revenue forecast eased concerns over slowing AI spending. The ch...
Nvidia at heart of data centre revolution, says BNP Paribas; sees 36% upsideBNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia'...
Wipro ADRs rise 5% after company expands Google Cloud AI partnershipWipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The compan...
LTM makes fresh tech push from Kolkata with Global Delivery & AI Competency CentreLTM, the business creativity partner to global enterprises, has inaugurated a new Global Delivery & AI Competency Centre in Kolkata, expand...
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
Bill Gates lists 3 big risks to AI shift. Is the world heading towards turbulent times?Microsoft co-founder Bill Gates has warned that the AI transition could become one of the most turbulent periods in history, with the techn...
Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimatesNvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth fo...
US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
India targets $55 trillion economy by 2047 through AI, manufacturing, FDI and sunrise sectorsIndia aims for a $55 trillion economy by 2047. This ambitious goal relies on leveraging its young demographic in artificial intelligence. S...
IT firms turn to bundled deals to weather AI deflationIndian IT service providers are increasingly using structured deals that combine acquisitions with long-term service contracts. Experts say...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
ET WLF 2026: Indian AI talent could use Dubai as global launchpad, says Mohammad Ali Rashed LootahDubai seeks to become a hub for Indian AI talent to access wider markets. An AI corridor between Dubai and Bengaluru is being developed. Th...
AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
India’s AI data-centre push could drive 5% of global chip demand by 2030Global semiconductor revenue is projected to reach $1.6 trillion by 2026. AI data centres will drive significant growth in chip demand worl...
Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The br...