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News

Stocks Well Off Lows as Nvidia Leads Tech Rally: Markets Wrap

A rally in some of the world’s largest technology companies pushed stocks away from session lows in a volatile session that had traders digesting faster-than-anticipated inflation data.

2 min read02:42 AM IST
News

Stocks Wipe Out CPI-Fueled Slide as Big Tech Jumps: Markets Wrap

A rally in the world’s largest technology companies spurred a stock-market rebound in a volatile session that had Wall Street traders digesting faster-than-anticipated inflation data.

2 min read02:41 AM IST
Companies

Google fails to ‘wow’ as AI bills mount

The advertising business faces tough growth comparisons, while AI spending continues to surge.

3 min read24 Jul 2024
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News

Tech Firms Ask NextEra for Enough Electricity to Power Entire Cities

Technology companies are so desperate to build massive data centers in the US that they’re asking clean-energy giant NextEra Energy Inc. to find them locations with enough electricity to power entire cities.

2 min read12 Jun 2024
AI

India playing key role in AI development, adoption: Microsoft’s Puneet Chandok

Chandok expects India to be at the forefront of AI innovation, with over 500 enterprises being clients of Microsoft’s Azure OpenAI platform.

4 min read5 May 2024
Markets

Asian Markets Eye Positive Open, Tech in Focus: Markets Wrap

Asian markets are set for a mostly positive open, with technology companies particularly in focus, following a rally in US markets after an inflation reading eased concerns of a more hawkish Federal Reserve.

2 min read29 Apr 2024
Technology

Amazon introduces custom AI capabilities in race against cloud rivals

The company’s cloud-computing unit hasn’t made as big a splash as its rivals in AI, betting instead that businesses want to use a variety of AI models.

4 min read24 Apr 2024
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Markets

‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets Wrap

A selloff in the world’s largest technology companies hit stocks, with Wall Street traders gearing up for a deluge of results from the industry that has powered the bull market.

3 min read20 Apr 2024
Technology

Google’s ad-privacy changes fall short, UK regulator says in internal documents

The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.

4 min read19 Apr 2024
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Technology

Brazil judge wrangling with Elon Musk has long battled social media

Alexandre de Moraes is also at the heart of the Brazilian Supreme Court’s case against former leader Jair Bolsonaro.

5 min read10 Apr 2024
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