Amazon has achieved a major milestone in the global technology industry by entering the exclusive $3 trillion market capitalisation club, marking another significant moment in the company’s growth journey. The surge in its valuation has been largely driven by increasing investor confidence in artificial intelligence (AI), cloud computing expansion, and the strong performance of its...
Haldiram’s newly launched outlet in the United Kingdom has temporarily shut operations just weeks after attracting widespread attention following its much-publicised opening. The closure comes due to planned electrical infrastructure work being carried out in the area, according to an update shared by the company. The Indian food and sweets brand, which created significant buzz...
Amazon has delivered stronger-than-expected financial results, driven largely by rapid expansion in its cloud computing business and increased investments in artificial intelligence technologies. The company’s performance has highlighted the growing importance of cloud infrastructure and AI services as major drivers of growth in the global technology industry. The company’s cloud computing arm, Amazon Web Services...
Microsoft has reported another impressive financial quarter, demonstrating that its long-term investments in cloud computing and artificial intelligence (AI) are continuing to deliver substantial returns. The technology giant recorded strong revenue and profit growth as businesses worldwide accelerated the adoption of AI-powered tools and expanded their reliance on cloud infrastructure. The latest results reinforce Microsoft’s...
Indian equity markets opened sharply higher on Wednesday, July 29, as renewed buying interest pushed the benchmark indices significantly upward in early trading. The Sensex surged nearly 700 points during the opening phase, while the Nifty also advanced by more than 200 points, signalling a strong start to the trading session. The rally was supported...
Apple briefly crossed a market capitalisation of $5 trillion during trading on Tuesday, marking a historic milestone for the technology giant and making it only the second publicly traded company to reach the valuation level. The company’s shares climbed to an intraday high of $342.89, pushing its market value to approximately $5.036 trillion before the...
Indian equity markets opened lower on Thursday as a sharp rise in international crude oil prices and renewed concerns over escalating tensions in West Asia weakened investor sentiment and increased risk aversion. The benchmark indices came under pressure in early trading, with the BSE Sensex falling 230.95 points, or around 0.30 per cent, to 76,521.02....
Tesla is facing increasing pressure on its core automobile business as Chief Executive Elon Musk pushes the company toward a future built around artificial intelligence, autonomous driving, robotaxis and humanoid robots. The shift comes at a critical moment for the electric vehicle maker, with its latest quarterly performance highlighting growing concerns over profitability, rising investment...
A US federal judge has temporarily blocked Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, putting a major Hollywood consolidation deal on hold amid growing concerns over competition in the American entertainment industry. The temporary order, issued by US District Judge Araceli Martínez-Olguín in Oakland, California, pauses the proposed transaction for 14 days....
Indian equity markets opened the trading session on a weak note, with benchmark indices witnessing a sharp decline during early trade as investors reacted to selling pressure in heavyweight banking stocks and a fresh rise in global crude oil prices. The market mood remained cautious amid concerns that higher energy costs could increase inflationary pressures...