New Delhi will host the India AI Impact Summit 2026 starting Monday, bringing together the world’s most influential artificial intelligence leaders, policymakers, and corporate executives. The five-day gathering at Bharat Mandapam will run from February 16 to February 20 and is the first global AI summit hosted in the Global South. It is also expected […]
Nvidia stock moved higher in early trading on Thursday, with the chipmaker once again testing the upper end of its recent range as investors positioned ahead of its earnings report later this month. Nvidia shares were up 0.8% at $191.11. The Nvidia stock has climbed 11% over the past five trading sessions but has largely […]
SoftBank-backed PayPay has taken a major step toward the public markets, making public its paperwork for a US initial public offering that could rank as the biggest US listing ever by a Japanese company. The filing puts fresh focus on Japan’s fast-growing digital payments champion just as global investors show renewed appetite for large, profitable […]
Fastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”. In Q4, the cloud-computing company saw revenue pop 23%, helping its per-share earnings come in at 12 cents – more than double the 6 cents that analysts had forecast. At […]
Apple stock (NASDAQ: AAPL) slid nearly 4% on Thursday as investors trimmed exposure to the market’s biggest technology names and rotated into other parts of the S&P 500. The move looked less like a company-specific verdict on iPhone demand and more like a positioning shift, with money managers turning cautious on megacap valuations after a […]
Investors are bailing on Cisco (NASDAQ: CSCO) this morning despite it posting “record” revenue and coming in ahead of earnings estimates in its fiscal Q2. What’s dampening sentiment is the management’s conservative guidance for the current quarter, and the rising memory and AI hardware costs-driven decline in adjusted gross margins to 67.5%. However, Constellation Research […]
Tesla stock reversed early gains and fell around 3% on Thursday, as broader market weakness erased recent momentum and tempered optimism driven by supportive analyst commentary. The stock had climbed as much as 1.4% in early trading to $434.51, extending its recent rally and putting a fifth consecutive day of gains within reach. Tesla had […]
Europe’s corporate and legal landscape saw a sharp turn on Thursday, with Nuveen agreeing to buy Schroders in a landmark deal ending centuries of family control. Thames Water is scrambling for fresh funding to stave off nationalization, and the BBC is facing a legal setback in a high-stakes US lawsuit. Meanwhile, Amazon was hit with […]
Advanced Micro Devices (NASDAQ: AMD stock) dipped about 3% in a recent session, lagging the broader chip group even though there was no fresh warning or downgrade cycle tied to the move. The pullback appeared more like a short-term shift in risk appetite, amid profit-taking following a strong run and a rotation away from crowded, […]
Anthropic has closed a roughly $30 billion funding round that values the AI startup at about $380 billion, a deal that ranks among the largest private tech financings on record. The company behind the Claude assistant said the round reflects surging demand from enterprises, even as public markets have grown more selective about which AI […]