Business Directory

AI bubble burst may trigger 2008-like banking crisis, says Gary Marcus

In a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He warned that the demise of…

IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008

The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quarterly results from companies like…

Swiggy share price: Down 50% in 1 year; can food delivery stock recover? Should you buy the dip? Check target, stop-loss

Swiggy’s improving food-delivery profitability and plans to reduce Instamart losses have prompted Anand Rathi to retain a Buy rating and ₹310 target, implying about 35%…

Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger

This week, the dollar faced a notable drop due to decreased expectations for interest rate increases from the Federal Reserve. Federal officials' remarks have led…

Gold set for a weekly drop as traders assess Fed signals

Gold prices have held steady this week, though they are set to close lower overall as market participants assess the potential for a Federal Reserve…

European shares close out best week since June as earnings soften blow from tech selloff

European shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. The STOXX 600 index climbed…

Global markets: Stocks slip as dollar heads for weekly loss

In a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate declines. While the S&P…

Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earnings

Investor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly results from major players, including Meta…

Jio’s $3.2 billion IPO tests Ambani appeal with young Indians

Starlink responds to Reliance, says ‘worked closely with regulators, ready to connect India with high-speed internet'

Starlink said it was ready to provide high-speed internet in India after five years of work with regulators and industry partners. Its statement followed Musk’s…

Netflix turns to Peter Rice to tackle slowing viewership: What the former Disney executive brings to the table

Netflix has appointed former Disney executive Peter Rice to replace content chief Bela Bajaria as it confronts slowing viewership growth and engagement.