Latest News, Updates & Breaking Headlines
OpenAI has signed a $38 billion agreement with Amazon to run its artificial intelligence systems on Amazon Web Services (AWS), gaining access to “hundreds of thousands” of Nvidia’s AI chips through the deal announced Monday, AP reported.The partnership comes just days after OpenAI revised its arrangement with longtime backer Microsoft, which will no longer remain…
Wall Street traded mixed on Monday, with major technology stocks once again steering the market higher even as most other sectors struggled. The S&P 500 added 0.4% in early trading, inching close to its record high set last week. The tech-heavy Nasdaq composite climbed 0.9%, while the Dow Jones Industrial Average slipped 34 points, or…
NEW DELHI: An Air India Boeing 777 (VT-AEH) operating a San Francisco (SFO)-Delhi via Kolkata flight with almost 250 people on board safely diverted to Ulaanbaatar, Mongolia, after pilots suspected a snag. AI is working on getting the 228 passengers and 17 crew members home.“AI 174 of Nov 2 made a precautionary landing at Ulaanbaatar,…
Vodafone Idea shares surged nearly 10% on Monday to hit the upper circuit at Rs 9.60 on the BSE, after the Supreme Court provided crucial clarity on the long-pending issue of Adjusted Gross Revenue (AGR) dues. The development eased investor concerns over the telecom firm’s massive liabilities and lifted sentiment around the stock.The apex court…
Kimberly-Clark is set to acquire Tylenol maker Kenvue in a cash-and-stock transaction valued at approximately $48.7 billion, creating one of the world’s largest consumer health goods companies, AP reported.Under the terms of the agreement, Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. Based…
Microsoft has entered into a $9.7 billion cloud services agreement with Australian artificial intelligence infrastructure provider IREN, a deal that will give the tech major access to Nvidia chips as it scales its AI and cloud operations, AP reported.The five-year agreement includes a 20% prepayment and is aimed at supporting Microsoft’s efforts to meet the…
Indian stock markets are in a stronger position compared to last year, with the earnings cycle showing signs of bottoming out and growth expected to accelerate, according to a report by Motilal Oswal Financial Services.As per news agency ANI, the brokerage noted that second-quarter (Q2 FY26) earnings have largely met expectations, with the pace of…
Investors looking to build long-term wealth through Systematic Investment Plans (SIPs) in mid-cap mutual funds should ideally stay invested for a decade, financial experts said, as the probability of earning double-digit returns is the highest over a 10-year horizon.A WhiteOak Capital study, reported ET, found that investors who stayed invested in mid-cap funds through SIPs…
Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…
India’s manufacturing sector continued to strengthen in October, building on solid momentum from September. The movement was lifted by improving domestic demand, GST relief measures and increased technology investments that boosted factory activity.According to the latest data released by S&P Global, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October, up…
