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Big tech stocks at cheapest in months
The price that investors are paying for anticipated earnings from the Magnificent Seven companies hit the lowest level since September this week as the broader S&P 500 dropped 10% from its recent peak.
Intel's new CEO Lip-Bu Tan has a history as a successful underdog
Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the "silicon" in Silicon Valley.
Mukesh Ambani's big bets at risk from Trump, Musk & US rivals
Ambani faces significant challenges as intensified US-India trade tensions could disrupt his $50 billion investments in retail and digital services. Potential regulatory changes, competition from Elon Musk's Starlink, and oil import pressures add to Ambani's troubles, impacting the valuation of Reliance Industries Ltd.
Walmart or Amazon? Know which stock is best for investors in the US
The market capitalisation of Amazon is worth more than $2 trillion, while Walmart currently stands at around $750 billion. The two big giants are among the favourites for the US-based investors. Walmart's stock was appreciated by 58% in the last one year and Amazon Web Services' Q4 sales jumped 18.5% to reach $107.6 billion.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets closed lower on Monday, with Nifty ending a three-day winning streak due to declines in Reliance Industries and IndusInd Bank. Global uncertainties, including U.S. tariffs and economic indicators, contributed to volatility, with analysts predicting near-term market fluctuations.
Nasdaq plummets over 3%, S&P 2% as tariff woes persist; Tesla falls 8%
US stocks: Wall Street's main indexes dropped on Monday amid concerns over a potential economic slowdown due to U.S. President Donald Trump's trade policies with Mexico, Canada, and China. Sectoral declines were led by technology stocks, and major banks such as JPMorgan Chase and Goldman Sachs also saw significant losses.
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As Jeff Bezos muzzles Washington Post's opinion section, Elon Musk's one-word appreciation for him
Amazon boss Jeff Bezos has taken the opinion out of Washington Post's opinion section. The billionaire declared that only opinions that support “personal liberties” and “free markets” will be welcome in the opinion pages of the Post. The paper’s top opinion editor, David Shipley, immediately resigned. Elon Musk has backed Jeff Bezos' decision.
Tesla stock takes a 'charge' downward: Is Elon Musk's EV dream over?
Tesla's stock dropped nearly 45% in three months, but its market valuation remains high because investors believe in its future autonomous vehicle technology. Despite falling sales and profits, Tesla still holds a market cap of $845 billion, indicating strong investor faith in its potential for innovations like robotaxis and humanoid robots.
US drops bid to make Google sell AI investments in antitrust case
The DOJ still seeks a court order requiring Google to sell off its Chrome browser and take other measures aimed at addressing what a judge said was Google's illegal search monopoly, according to court papers filed in Washington.
US anger mounts over global reach of EU’s ‘hostile’ ESG rules
Proposed revisions still affect US firms, leading to calls for diplomatic engagement and clarity, as companies navigate regulatory complexities.
Amazon's AWS forms new group focused on agentic AI
Agentic AI is meant to automate tasks for users so that they do not have to prompt the systems to take actions for them. Amazon touted some of those capabilities last week in announcing an updated version of voice service Alexa set to be released later this month to some customers.
Nvidia and Broadcom testing chips on Intel manufacturing process
The two tests, which have not been reported previously, indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel.
Sam Altman reacts to Meta AI app, says will launch a social app too
Launched in September 2023, Meta AI answers questions and creates images. In April, Meta made it a key feature by replacing the search bar in Facebook, Instagram, WhatsApp, and Messenger with Meta AI.
Amazon's Wondery podcast unit trims jobs
Amazon most recently cut jobs among its communications staff last month in an effort to reduce costs and what CEO Andy Jassy has called an abundance of bureaucracy.
Meta plans paid subscription service for chatbot Meta AI, source says
The move comes as Meta CEO Mark Zuckerberg aims to bolster the company's position against rivals Microsoft-backed OpenAI and Google in the race to dominate the AI space. Zuckerberg said in January that the company plans to spend as much as $65 billion this year to expand its AI infrastructure.
YouTube star MrBeast is raising money at a $5 billion valuation
The online personality, whose real name is Jimmy Donaldson, is gathering funds to support a holding company that owns all or part of various businesses, including the chocolate brand Feastables, the snack company Lunchly, and his video production company.
Trump’s tariffs threat tests EU resolve to hurt Apple and Meta
The EU's fight against Silicon Valley firms faces a challenge as Donald Trump threatens retaliation if fines are imposed. EU competition chief Teresa Ribera may impose penalties on Apple and Meta. The White House sees these investigations as an attack on freedom of speech. The EU has pledged to respond swiftly and decisively.
Nasdaq, S&P 500 fall as AI caution weighs on tech, Nvidia results in focus
The Nasdaq Composite dropped over 1% on Monday, led by declines in big tech stocks as investors remain cautious ahead of Nvidia’s earnings report. Market concerns include future demand for AI technology and Microsoft’s potential data center overcapacity. Apple and Berkshire Hathaway shares, however, experienced gains.
Musk's Starlink races with Chinese rivals to dominate satellite internet
Elon Musk's Starlink faces growing competition from China's SpaceSail and Jeff Bezos's Project Kuiper. China is rapidly expanding its low-Earth orbit satellite network, posing a strategic challenge to Musk's dominance in satellite internet for remote areas and national security purposes.
Temasek-backed Licious sets sights on $2 billion IPO in India
Licious, backed by Temasek Holdings Pte, aims to become profitable by 2026 as it gears up for a potential IPO valuing over $2 billion. The firm is expanding into brick-and-mortar stores, enhancing delivery speed, and targeting a 30-minute delivery window to compete with quick commerce rivals.
Robotics startup Figure AI in talks for new funding at $39.5 billion valuation
Last year, Figure AI announced it had raised $675 million in a funding round, with investors including Nvidia, Microsoft, and Amazon.com founder Jeff Bezos, bringing the company’s valuation to £2.6 billion.
Meta plans major investment into AI-powered humanoid robots
Meta is investing in AI-powered humanoid robots, focusing on household tasks and AI infrastructure for third-party manufacturers. Led by Marc Whitten, the initiative aims to advance robotics using Meta’s AI and AR/VR expertise.
Jeff Bezos' Blue Origin to lay off more than 1,000 employees days after New Glenn rocket debut: 10 points
Employees at Jeff Bezos’ rocket company Blue Origin are bracing for layoffs. According to a staff email obtained by KIRO 7, the company says it will be letting go about 10% of the workforce – which is about 1,400 employees. New Glenn, the company’s powerful rocket capable of hauling satellites to space, had a successful debut flight last month.
Stock Market Today: Dow Jones tumbles 400 points as US inflation surges to 3%, S&P 500 and Nasdaq also slide amid Fed rate cut concerns
Stock Market Today saw a sharp decline as the Dow Jones plummeted 400 points following a rise in US Inflation to 3% YoY. The latest CPI data released by the US Bureau of Labor Statistics dampened investor hopes for Federal Reserve rate cuts. The S&P 500 and Nasdaq Composite also opened lower, reflecting market uncertainty. Key stocks like Microsoft, Amazon, and Nike took a hit, while Apple and JPMorgan managed gains. With inflation higher than expected, the Fed’s stance on interest rates remains firm, adding to market volatility. Investors are closely watching for future economic cues.
Alibaba becomes China’s new AI darling with $87 billion rally
Alibaba's Hong Kong-listed shares have jumped 46% since reaching a 2025 low on January 13, adding nearly $87 billion to its market value and outpacing the Hang Seng Tech Index's 25% gain. The rally is driven by optimism over Alibaba's AI services and platform development, following the release of Chinese AI startup DeepSeek's technologies, which shook Wall Street.
Amwill Health Care shares list at 20% discount on BSE SME platform
Amwill Health Care's shares debuted at a 20% discount, opening at Rs 88.85 on the BSE SME platform against an issue price of Rs 111. The IPO saw a good response, with QIB investors category subscribed 7.8 times, and the company's focus remains on dermatological and cosmeceutical product development.
Amazon joins Google, Microsoft in cloud weakness, shares slide
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to scale AI as infrastructure bottlenecks cap growth, forcing them to invest billions in data centers with little short-term payoff.
Amazon cuts reference to diversity from annual report as Trump wages war on DEI
Some of America's biggest businesses have been scaling back diversity initiatives, years after pushing for more inclusive policies in the wake of protests against the police killings of George Floyd and other Black Americans in 2020.
Amazon joins Google, Microsoft in cloud weakness, shares slide 3%
Amazon shares fell 3.72% to $229.95 following disappointing cloud revenue growth. The company's cloud unit reported a 19% revenue rise, missing expectations slightly. Analysts raised concerns over Big Tech's AI investments and infrastructure constraints. Despite this, some noted Amazon's cloud growth acceleration compared to Microsoft and Google, indicating potential market share gains. Market valuation could drop significantly if losses persist.
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