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GLOBAL EQUIPMENT SPENDING
Global semiconductor manufacturing equipment sales to reach $165 billion in 2026: industry bodyTotal equipment sales are forecast to reach a record $229.5 billion by 2028, marking five consecutive years of growth due to AI-driven dema...- Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
- HCL Tech’s Rs 3,500 crore AI data centre foray: A new growth engine or capital-intensive diversion?HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute a...
- China's exports surge 27% from a year earlier as AI boom drives strong demandChina's exports jumped twenty-seven percent in June, driven by strong artificial intelligence demand. Imports also surged significantly, re...
- Warburg, Bain, CVC among PE firms in talks to buy into Agappe DiagnosticsSeveral global private equity firms are exploring a significant stake purchase in Agappe Diagnostics. This potential deal involves both exi...
- Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
- Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
- Indian business optimism weakens as margin pressures weigh: HSBC surveyIndian private sector firms show reduced optimism for the year ahead. Companies are scaling back hiring plans due to rising costs and compe...
- Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and ChinaChristopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India...
- Global Market: SK Hynix's Nasdaq ADR debut raises $26.5 billion amid AI chip boomSouth Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust ...
- China awards two village boys, one studied by lamplight to power a third of world's EVs, the other cracked English in two months to give fighter jets x-ray visionTwo Chinese scientists received China's highest science award for their significant contributions. Chen Liquan developed the nation's first...
- Global Market Today: Asian stocks rise following chip rally, oil slipsAsian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears ease...
- Global Market: European shares rebound as tech stocks recover; investors assess Middle East developmentsEuropean stock markets traded higher on Thursday, recovering from previous losses. Technology shares led the gains, driven by renewed inter...
- Premier Explosives rises 4% on Apollo Micro Systems deal buzzApollo Micro Systems gained 1% and Premier Explosives climbed 4% after ET reported that Apollo is nearing a Rs 2,300-2,500 crore deal to ac...
- Global Market: China's factory inflation hits four-year high, keeping metals and industrial stocks in focusChina's factory-gate inflation reached its fastest pace in four years during June. Producer prices rose 4.1 percent year-on-year, driven by...
- China's car slump has a new escape route — the rest of the worldChina's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to ...
- US stocks today: Dow falls 500 points after Trump says Iran deal is 'over'U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher....
- Trump blasts NATO for rejecting his efforts to claim Greenland as leaders hold a summit in TurkeyIn a recent address, President Trump lambasted NATO allies for their approaches to Greenland and Iran, while also expressing frustration ov...
- European shares flat as AI caution prevails; focus on defence stocksEuropean shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in glo...
- SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's howSK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The ...
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