Tesla's lower-cost EV plan seen boosting volume, risking marginsTesla is reportedly developing a smaller, cheaper electric vehicle. This move aims to increase sales and factory use. It also addresses gro...
09 Apr, 2026, 11.02 PM IST
US Stocks: Adobe shares drop further as CEO exit casts doubts over AI strategyAdobe's battered shares fell another 6% on Friday as news that the Photoshop maker's long-time CEO will step down cast fresh doubts over it...
13 Mar, 2026, 07.26 PM IST
US Stocks: Netflix shares surge 9% as investors cheer decision to exit Warner Bros raceNetflix jumped more than 9% on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding...
27 Feb, 2026, 09.16 PM IST
Alphabet shares surge over 6% after court rules against a breakupAlphabet's shares surged after a U.S. judge ruled against breaking up Google, adding over $170 billion to its market value. The ruling allo...
03 Sep, 2025, 07.23 PM IST
Trump tariffs could stymie Big Tech's US data center spending spreeElectronics - which include smartphones, PCs and data-center equipment - were the second biggest imports last year at nearly $486 billion w...
04 Apr, 2025, 03.58 PM IST
Netflix shares hit record as subscriber growth defies odds once againNetflix shares surged 13% to a record high, driven by a massive subscriber boost of 18.9 million in the holiday quarter, partly due to succ...
23 Jan, 2025, 07.44 AM IST
Netflix shares jump 13% to hit record as subscriber growth defies odds once againShares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 millio...
22 Jan, 2025, 09.32 PM IST
Disney nears tipping point as streaming profits start to offset cable declineDisney's streaming business, under Bob Iger's leadership, has reported its second consecutive quarterly profit. This comes after a strategi...
15 Nov, 2024, 06.17 PM IST
Tesla shares soar 14% as Trump win sets stage for rise of Elon Musk's electric vehicle, other venturesTesla's shares jumped 14%, making the EV maker on course to increase market value by $110 billion. Trump has said he would establish a gove...
06 Nov, 2024, 11.49 PM IST
Amazon set to join Big Tech's spending surge as AI race heats upAmazon's capital spending rose dramatically in the second quarter, reaching $16.41 billion to boost its cloud and AI capabilities. This inc...
01 Aug, 2024, 11.44 AM IST
British American Tobacco signals ITC stake disposal, shares soar 7%British American Tobacco is actively working to sell some of its shareholding in India's ITC, signaling a move towards resuming share buyba...
08 Feb, 2024, 04.16 PM IST
Wall Street rises as Apple boost outweighs Amazon gloom; Dow jumps 500 pointsThe Dow Jones Industrial Average added 584 points, or 1.8%. The S&P 500 gained 1.5%. The Nasdaq Composite fought higher and was up by 1.8% ...
28 Oct, 2022, 08.49 PM IST
Amazon slumps as tech selloff worsensAmazon's shares, which were down 12.8% at $96.77, were trading at their lowest since March 2020.
28 Oct, 2022, 05.34 PM IST
Is the stock market a casino roulette? Asks Uday Kotak after tech crashA disappointing result season sent Facebook-owner Meta Platforms stock plummeting 25%. Investors are spooked by Facebook’s costly metaverse...
28 Oct, 2022, 02.07 PM IST
Tech rout widens as Meta sinks after resultsMeta was set to lose about $78 billion in market value, if losses hold to the end of the session, adding to the trillions of dollars that s...
27 Oct, 2022, 08.15 PM IST
Tech rout widens as Meta sinks after resultsMeta was set to lose about $67 billion in market value, if losses hold through the session, adding to the trillions of dollars that some of...
27 Oct, 2022, 05.21 PM IST
European shares rebound on gains in chemical, financial sectorsThe pan-European STOXX 600 index rose 0.8%, with the German DAX gaining 1.5%, France’s CAC 40 up 1.1% and UK’s FTSE 100 adding 0.7%.
26 Jan, 2021, 03.40 PM IST