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Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
US Stock Market | Tech Turnaround: Software shares recover after deep selloffAfter a deep AI-driven selloff, US software stocks are showing signs of recovery. The S&P 500 Software Index posted its strongest weekly ga...
US Stocks | Buyback plans aren't enough to soothe investors after software-sector routU.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors...
CRM Stock falls as Salesforce gives weak 2027 forecast despite strong earningsCRM stock fell after Salesforce gave a weak future revenue forecast. Investors are worried about slow business software demand and heavy AI...
Student loan forgiveness update: Do you qualify? Will borrowers be taxed on cancelled debt? Check detailsMillions of US student loan borrowers are set to receive debt cancellation following a significant policy shift by the Trump administration...
Salesforce to invest $15 billion in San Francisco over five yearsSalesforce announced a $15 billion investment in San Francisco over the next five years to boost AI innovation, workforce development, and ...
TCS results, AI bets and metals rally: Parag Thakkar sees value across IT, metals and banking sectorParag Thakkar of Fort Capital remains bullish on TCS, citing positive results and strategic AI/data centre investments as long-term positiv...
BlueStone’s pre-IPO glow up; PE funds go tech shoppingAhead of its listing, BlueStone is poised to become India’s next unicorn through a secondary deal. This and more in today’s ETtech Morning ...
AMD share buyback: Chip major Advanced Micro Devices offers $6 billion programIn Humain's deal with AMD, the agreement includes a plan to invest up to $10 billion to deploy 500 megawatts of AI hardware infrastructure ...
Anthropic to buy back employee shares at $61.5 billion valuation: The InformationAnthropic is preparing to carry out its first employee share buyback, valuing the firm at $61.5 billion. The initiative also reflects a bro...
PhysicsWallah goes UPSC shopping; Tech giants eye GPUsHappy Wednesday! Edtech firm PhysicsWallah is eyeing acquisitions to shore up its UPSC test prep presence. This and more in today’s ETtech ...
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent raceSalesforce has announced its acquisition of Tenyx, a startup specializing in AI-powered voice agents. The deal, expected to close in the th...
US stock market: Stocks gain as Bostic backs quarter-point hikeAt the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than...
S&P 500, Nasdaq fall as yields rally on hot labor market dataThe yield on 10-year Treasury notes - the benchmark for global borrowing costs - raced further above the 4% level on Thursday to touch a fr...
Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
Will Sam Bankman-Fried be jailed for FTX’s collapse?It’s a question that seems preposterous to even ask, given the catastrophic fallout from FTX’s failure, but investigations, lawsuits and tr...
Exclusive: Flipkart readies $700M Esop buyback; Noise eyes overseas marketsWalmart-owned Flipkart, known for regularly buying back employee stock options, is likely to execute the mother of all buybacks – a $700 mi...
ETtech Deals Digest: Eruditus, Menlo Micro, CredAvenue raise fundsSoftBank-backed executive education-focussed startup Eruditus, technology company Menlo Micro and online debt marketplace CredAvenue were a...
Atlan bags $50 million from Insight, Salesforce and SequoiaSeveral founders in the data space, including Fivetran founder Taylor Brown and ThoughtSpot founderAjeet Singh, participated in the round.
Deal with itIn today's ETtech Morning Dispatch: Tata-BigBasket deal; Byju's may land new funds; and GreyOrange eyes US listing.