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American CEOs say this is as bad as it gets for corporate earnings

A broadening becomes especially important for the rally's progress now that megacap tech companies are projected to show slowing profit growth, on average

American CEOs say this is as bad as it gets for corporate earnings
Updated On : 29 Oct 2024 | 11:46 PM IST

GitHub forges AI deals with Google, Anthropic to integrate models

Microsoft also lets its Azure cloud customers use models other than OpenAI's, including ones from Meta Inc. and Mistral, but doesn't offer models from Google or Anthropic

GitHub forges AI deals with Google, Anthropic to integrate models
Updated On : 29 Oct 2024 | 10:57 PM IST

Kamala Harris' tech embrace halts Donald Trump tide, fills war chest

Her campaign has been holding nearly weekly roundtables with business leaders in Silicon Valley and New York. It frequently involves billionaire venture capitalist Mark Cuban and Box Inc

Kamala Harris' tech embrace halts Donald Trump tide, fills war chest
Updated On : 29 Oct 2024 | 8:36 PM IST

Daiwa's profit surges over 80% as investors flock to stock markets

Net income jumped more than 80 per cent from a year earlier during the three months ended Sept. 30 to ¥53.8 billion ($352 million)

Daiwa's profit surges over 80% as investors flock to stock markets
Updated On : 29 Oct 2024 | 7:51 PM IST

Aircraft grounding crisis has peaked, says IndiGo CEO Pieter Elbers

"We've turned the corner," Chief Executive Officer Pieter Elbers said in an interview with Bloomberg Television on Tuesday

Aircraft grounding crisis has peaked, says IndiGo CEO Pieter Elbers
Updated On : 29 Oct 2024 | 7:46 PM IST

Govt to slap penalties on General Electric over fighter jet engines delay

Delivery of the F404 engines for Indian Air Force's locally-made Tejas Light Combat Aircraft Mk1 series was pushed back to March 2025, the official said

Govt to slap penalties on General Electric over fighter jet engines delay
Updated On : 29 Oct 2024 | 7:10 PM IST

Donald Trump's victory in US elections would slow global growth: Temasek

Sipahimalani said that while a Harris win would be beneficial for emerging markets, the opposite is likely under a Trump victory

Donald Trump's victory in US elections would slow global growth: Temasek
Updated On : 29 Oct 2024 | 12:21 PM IST

Volkswagen AG workers brace for fallout from years of dereliction

The manufacturer plans to close at least three German factories, shrink all other remaining sites in the country and slash wages by 10 per cent for around 140,000 workers

Volkswagen AG workers brace for fallout from years of dereliction
Updated On : 29 Oct 2024 | 11:25 AM IST

Waaree's Hitesh Doshi: The tycoon who began with $60 and is now worth $5 bn

With the listing of the group's solar cell manufacturing arm Waaree Energies Ltd. on Monday in Mumbai, Doshi and his family have joined the ranks of the world's richest people

Waaree's Hitesh Doshi: The tycoon who began with $60 and is now worth $5 bn
Updated On : 29 Oct 2024 | 10:36 AM IST

Apple ships iPhones worth $6 bn from India to reduce dependence on China

IPhones account for the bulk of India's smartphone exports and helped the product category become the top export to the US at $2.88 billion in the first five months of this fiscal year

Apple ships iPhones worth $6 bn from India to reduce dependence on China
Updated On : 29 Oct 2024 | 9:33 AM IST

Bitcoin tops $71,000 for first time since June as US election nears

Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning

Bitcoin tops $71,000 for first time since June as US election nears
Updated On : 29 Oct 2024 | 9:26 AM IST

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs

Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs
Updated On : 29 Oct 2024 | 9:09 AM IST

US elections: Musk wants $2 trn cut from federal budget. It'd be difficult

His target exceeds the amount Congress spends annually on govt agency operations, including defence. It would likely require making significant cuts to popular entitlement programmes

US elections: Musk wants $2 trn cut from federal budget. It'd be difficult
Updated On : 29 Oct 2024 | 7:57 AM IST

Joe Biden finalises curbs on US investment in Chinese chip, AI tech

The rules, which come after more than a year of deliberation, ban some investments into those industries and require the US government to be notified about others

Joe Biden finalises curbs on US investment in Chinese chip, AI tech
Updated On : 29 Oct 2024 | 7:49 AM IST

Washington Post withheld endorsement to fight credibility gap: Bezos

Bezos also said the Post's action was unrelated to former President Donald Trump's meeting with executives from Blue Origin, another of his businesses, on the day of the announcement

Washington Post withheld endorsement to fight credibility gap: Bezos
Updated On : 29 Oct 2024 | 7:48 AM IST

Indian small-caps run risk of extended selloff amid slowing earnings

Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10 per cent peak-to-trough decline

Indian small-caps run risk of extended selloff amid slowing earnings
Updated On : 29 Oct 2024 | 7:38 AM IST

SBI's newly appointed chair C S Setty targets unbanked in expansion plans

As it seeks to build out deposits, the bank is also planning to add branches in areas where it has no presence, according to Setty

SBI's newly appointed chair C S Setty targets unbanked in expansion plans
Updated On : 29 Oct 2024 | 7:27 AM IST

Here's why a lot can go wrong when everything arrives in just 10 minutes

To have at least half a dozen options for quick commerce is a good thing in an economy where concentration of large monopolies and duopolies is on the rise

Here's why a lot can go wrong when everything arrives in just 10 minutes
Updated On : 29 Oct 2024 | 7:20 AM IST

Reddit's high-flying stock run faces AI-training data test in earnings

The stock is up 139 per cent since it began trading in March, the best performance among this year's IPOs to raise at least $310 million

Reddit's high-flying stock run faces AI-training data test in earnings
Updated On : 28 Oct 2024 | 11:48 PM IST

Kamala Harris plans 'freedom' rally, Trump courts men in final push

Harris casts herself as standing in between Trump and a key trifecta that includes economic opportunity, reproductive rights and Democracy itself

Kamala Harris plans 'freedom' rally, Trump courts men in final push
Updated On : 28 Oct 2024 | 11:32 PM IST