Tyler Radke of Citigroup Research sees the software stock sell-off as overdone, favoring Microsoft, MongoDB, Snowflake, and ServiceNow for their AI strategies and hyperscale data exposure.
NHPC also cancelled its memorandum of understanding (MoU) with Green Energy Development Corporation of Odisha Ltd. (GEDCOL) for floating solar power projects. NHPC is also set to withdraw as promoter of PTC India.
Unlike many peers that rely heavily on industry-standard Nvidia processors, much of Google’s AI software runs on its in-house TPUs. The company’s latest flagship model, Gemini 3, was trained using these proprietary chips. Broadcom works with Google on the design…
Arm and Qualcomm shares dropped as memory chip shortages hurt phone output; AI demand shifts supply to data centers. Samsung, SK Hynix, and Micron lead.
Sensex Today | Stock Market LIVE Updates: For the Nifty index 25,800 mark is the first barrier for the index, while 25,500 remains a key support on the downside as we highlighted earlier as well.
Shares of Trent closed above the mark of ₹4,000 for the first time after January 12 on Wednesday. The stock is still down over 40% from its all-time high of ₹8,345 that it had surged to in October 2024.
The MSCI Asia Pacific Index declined 0.3% during the open. South Korea’s Kospi Index led losses, declining 1.6%.
More and more investors now believe that the software industry might be undergoing a broader structural shift, a view that could spur increased deal activity, including takeovers by larger players.
The shares dropped 17% to $200.19 on Wednesday, the largest one-day drop since May 2017. By Tuesday’s end, they had increased 13% this year. In keeping with her typical optimistic outlook, CEO Lisa Su reiterated her forecast that the company’s…
WTI fell 0.7 cents per barrel, or 1%, to $64.5 per barrel at 2347 GMT. Brent crude futures resume trading at 0100 GMT.