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US stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending and uncertain returns. The Nasdaq recorded…
GLOBAL-SOFTS/ (UPDATE 1):SOFTS-Raw sugar gains nearly 10% in October; robusta coffee 6% down
Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology companies like Meta, Alphabet, and Microsoft are increasing…
Investors dumped big tech stocks following a slew of disappointing earnings, putting the Nasdaq 100 Index on course to enter its third technical correction of…
USA-MARKETS-TECH:Big Tech returns smallest share of cash to shareholders in 15 years, given AI spending
Arini Capital Management, which has been beset with losses this month, has gotten bids on some of its high-yield debt holdings from asset managers including…
The approach, commonly known as a pay-to-quit or voluntary exit scheme, allows eligible employees to accept financial compensation in exchange for leaving their jobs
Reddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to a decline in…
USA-STOCKS/ (UPDATE 5):US STOCKS-Wall Street slides as AI cash burn worries spark tech selloff
Eddie Manheimer is joining Bank of America Corp. as head of global power and utilities investment banking from Morgan Stanley, as the firm invests in…
Karnataka has hiked Nandini milk prices by ₹8 per litre from November 1, with ₹7 going to farmers and ₹1 to milk unions. Despite the…