RAINBOW CABLES

US stock market today: Nasdaq, S&P 500 futures tumble up to 3% as tech selloff deepens; Micron slides 7%

US stock futures indicated a steep decline on June 23, amid a tech sell-off led by SK Hynix's production cuts. The Nasdaq fell over 1.3%,…

Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”

Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful analysis. The piece highlights how quarterly…

Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq futures sink over 2% amid AI spending worries, hawkish Fed bets

Nvidia says gaming PC cooling tech in their newest AI servers will fix water crisis - Here's how

Nvidia's latest AI servers ditch water-hungry cooling fans in favour of a closed-loop liquid system, the same technology found in high-end gaming computers. The company…

AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan Schiessl

Global tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schiessl. While a "blowoff top" phase…

Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market value

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly…

Vedanta's CopperTech Metals targets $3.6 billion valuation in US IPO

CopperTech Metals is targeting a valuation of $3.57 billion in its forthcoming U.S. IPO, aspiring to generate up to $423.5 million. This prominent copper and…

From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machine

Sanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now valued at Rs 41,300 crore. Early…

Top Gainers & Losers on June 23: Vedanta, Hindustan Zinc, Infosys, TCS, Bank of Baroda among top losers

The Indian stock market fell sharply on June 23, influenced by global market weakness and a retreat in technology stocks. The Nifty 50 declined 1.16%,…

Meta pauses AI programme that tracked employee mouse clicks after internal data Leak

Meta has suspended its Model Capability Initiative, an internal AI programme that tracked employee keystrokes and mouse movements, after sensitive staff data including private conversations…

Oracle layoffs: 21,000 employees let go in 12 months, company says AI replaced some roles

Oracle Corp. reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated…