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GRANULAR DATA ON CONSUMER SPENDING
AI data centre boom doubles Big Tech debt to $350 billion in five yearsMajor AI data center builders have doubled their debt in five years. This borrowing finances an unprecedented spending spree for economic t...- 'What's in your shopping cart?' Govt plans first nationwide retail consumption surveyThe government is considering a nationwide retail consumption survey. This survey will gather granular data on consumer spending patterns. ...
- Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
- PepsiCo bets on healthier products as inflation squeezes consumers; Q2 revenue tops estimatesPepsiCo reported strong second-quarter revenue, exceeding analyst expectations. Healthier product demand helped offset softer North America...
- Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
- 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...
- India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
- TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing ...
- Psychology says people who use a phone for years and don't change it till it dies out aren't afraid of missing out: What this behavior may reveal?Psychology says people who use a phone for years and don't change it easily aren't always resisting change. Psychology suggests this habit ...
- China car sales slump for ninth straight month, exports stay strongChina's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...
- Psychology says people who spend money as they earn aren't irresponsible: What this spending habit may reveal?Psychology says people who spend money as they earn aren't always making careless financial decisions. Psychology explains that spending ha...
- Psychology says people may be willing to pay more when they can use a credit card; a real-auction experiment found higher bids under card payment than cashResearch shows credit cards increase spending compared to cash payments. This occurs because credit cards reduce the perceived pain of payi...
- Psychology says shoppers who drink coffee before heading into a store may spend more than they planned; Biswas et al.’ s 2022 experiments found caffeinated shoppers bought more items and spent moreA recent study reveals that caffeine consumption before shopping leads to more purchases. Shoppers consuming caffeinated beverages bought m...
- Rewards company Onpoint raises $600,000 from First Cheque, Whiteboard, othersConsumer rewards company Onpoint secured six hundred thousand dollars in new funding. This capital will fuel expansion of its loyalty platf...
- Govt panel calls for tracking EV power demand in India's energy dataAn expert committee has recommended overhauling India's energy statistics framework. This includes granular measurement of electricity dema...
- AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley saysMorgan Stanley suggests market gains are broadening beyond semiconductors. Investors may shift focus to AI hyperscalers and other sectors. ...
- AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley saysMorgan Stanley has recommended a strategic pivot in market investments, directing attention from semiconductor stocks to AI-based giants su...
- Urban India spends 1. 6x more on weekends than weekdays: StudyThe weekend shopping rush has become a hallmark of urban Indian life, with discretionary spending nearly doubling as shoppers flock to mall...
- Middle class, aspirational consumers to drive 93% of India's spending by 2036: SitharamanIndia's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by ...
- SAP tightens hiring, travel spend as it ramps up AI investmentsGerman tech giant SAP is strategically curbing hiring, travel, and external spending to fuel its ambitious artificial intelligence investme...
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