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TECH EARNINGS MISSES
Tech firms take fresh hit as earnings misses fan AI fearsTech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep con...- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
- Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mountThe Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix...
- US Markets Today: US stocks end lower as Alphabet revenue miss revives AI capex jittersWall Street ended the day on a sour note, as Alphabet's revenue shortfall cast a shadow over the AI investment landscape and overall market...
- Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- D-St set for a negative opening as GIFT Nifty signals weak startBenchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian ...
- QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnershipsQClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking pro...
- The AI boom may transform the economy and still destroy capital, with stranded data centres and heavy investor lossesInvestments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sec...
- Global Market Today: Wall Street gains lift Asian stocks as Fed decision loomsGauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...
- Fed expected to pause rate hikes ahead of US midtermsThe US Federal Reserve's upcoming meeting is expected to result in steady interest rates. High inflation continues to challenge economic po...
- Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
- ₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?Indian IT stocks experienced a notable market value recovery of approximately ₹3.87 lakh crore in October. Foreign investors invested aroun...
- Missed reversal in IT stocks? Jefferies gives 3 ideas with up to 50% re-rating potentialJefferies sees further valuation upside in Indian IT stocks despite a muted sector growth outlook. Infosys and TCS offer over 20% rerating ...
- Warren Buffett’s stock market warning: Could record highs signal a crash? Here’s what history reveals about what comes nextAs world order remains in turmoil, markets are feeling the brunt of uncertainty. Warren Buffett, the legendary investor behind Berkshire Ha...
- Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...
- Rule out V-shaped recovery, markets can fall more, says PL Capital with Nifty 12-month target at 27,589PL Capital remains cautious on the Nifty after its eight-week losing streak, ruling out a quick V-shaped recovery. The brokerage has trimme...
- Why did market rise today? Sensex jumps over 800 points, Nifty closes above 22,500. 6 key factors behind D-Street reboundOn Friday, the Indian stock market surged sharply, halting an eight-week decline in performance. Sensex and Nifty gained substantial points...
- Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watchIT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came ami...
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