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SHRISTI ACHAR
India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...- $1.5-trillion tech services industry is still standing: Infosys CEO Salil ParekhInfosys CEO Salil Parekh says the $1.5 trillion global tech services industry is far from being destroyed, despite AI compressing some area...
- AI is offering Global South a unique opportunity to catch up fast: Microsoft’s Brad SmithBrad Smith, Microsoft’s vice-chair, said AI gives the Global South a chance for “catch-up growth” as technology adoption and investment inc...
- The stock shock, powered by AIGlobal stocks slid last week as a sharp sell-off in software and tech erased billions in market value amid fears that rapid AI advances cou...
- HCLTech is counting on new growth areas like AI-led software, hardware: CEO C VijayakumarAs the $283-billion IT service industry navigates a shift in its delivery mechanisms and revenue streams, HCLTech is focusing on new areas ...
- Nasdaq hits record close after Powell reassures investors, CPI in focusU.S. producer prices increased more than expected in April as the cost of services and goods rose sharply, leading traders to pare back bet...
- S&P 500, Nasdaq end lower after Fed rate decision, Powell press conferenceThe Federal Open Markets Committee concluded its two-day monetary policy meeting with a unanimous decision to let the Fed funds target rate...
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate resultsTesla jumped 12% after the electric vehicle maker's plans to boost production and roll out more affordable models overshadowed its weak qua...
- Wall St futures edge lower as investors await data, policy cuesIn the US, the investors will look out for the "Beige Book", the Fed's compendium of reports about the economy, on Wednesday. The personal ...
- US stock market: S&P 500 closes up slightly ahead of US inflation dataInvestors worried about rising oil prices and have been fretting ahead of the Consumer Price Index (CPI) for August, due out on Sept. 13, s...
- Wall Street ends lower, pausing rally as Powell testimony loomsUS stocks closed lower as investors took profits following a sustained rally amid concerns of weakening global demand. The sell-off followe...
- S&P 500 leaps to highest close in 14 months; traders bet US rates near peakThe S&P 500 and Nasdaq indexes reached their highest in 14 months as economic data eased concerns about inflation, increasing bets that the...
- US stocks end higher as inflation data cements bets on rate hike pauseThe S&P 500 and Nasdaq closed at their highest levels in 14 months following data that showed modest increases in consumer prices. The slig...
- S&P 500 and Nasdaq close at highest since April 2022The S&P 500 and Nasdaq closed at their highest levels since April 2022, bolstered by gains in market heavyweights Amazon, Apple, and Tesla....
- S&P 500, Nasdaq close lower as traders cash in on latest megacap rallyThe S&P 500 and Nasdaq ended the day lower on Wednesday as investors booked profits after a long megacap stocks run and ahead of key econom...
- US stock market: Wall Street ends mixed as investors await debt ceiling talksWall Street closed mixed on Monday, with the S&P 500 almost flat as investors refrained from making big bets ahead of a fresh round of talk...
- US stock market: S&P 500, Dow dip as focus shifts to inflation data, debt talksUS stock indexes closed lower as investors turned cautious ahead of economic reports and a meeting between political leaders to discuss the...
- US stock market: S&P 500, Dow end mixed ahead of inflation dataU.S. stocks lacked direction and struggled on Monday, with Catalent and Tyson Foods posting poor earnings. On Friday, the U.S. jobs data al...
- US stock market: Wall Street falls on bank stocks tumble, jobs report jittersTraders were betting that chances of a 50-basis-point rate hike at the Fed's March meeting were around 60%, according to CME Group's FedWat...
- US stock market: Wall Street falls more than 1% as Powell flags sharper rate hikesWhile many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Po...
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