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Asian stocks today: Markets trade in red amid tech worries; Hang Seng slips over 1%, Nikkei up 230 points

Asian markets fell sharply on Friday as an extended sell-off in US technology stocks continued to weigh on investor sentiment. The losses came amid growing concern over heavy spending on artificial intelligence and uncertainty about when those investments will deliver returns. In Hong Kong, HSI was down 304 points or 1.13% as on 10:20 am…

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Top stocks to buy today: Stock recommendations for February 6, 2026 – check list

Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for January 30, 2026 are Lloyds Metals and Energy, and JSW Energy. Here’s its view on Nifty and Bank Nifty:Index View: NiftyIndian equity markets witnessed intense volatility last week, driven by a confluence of major domestic…

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$2 trillion wiped off crypto markets! Bitcoin halves since October; investor company shares sink to multiyear lows

Cryptogiant Bitcoin has suffered sharp losses since the beginning of 2026, tumbling over 20%. The digital currency has given up almost half of its value since October’s record peak of over $124,000, sliding to $67,000, now worth less than it was at the start of President Donald Trump’s second term. Bitcoin is often pitched as…

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AI upends software economics, raises ‘SaaSpocalypse’ concerns

BENGALURU: A sharp selloff in global software stocks over the past month has reignited a basic question for founders, investors and customers alike: what happens to the economics of software-as-a-service when AI makes building and maintaining software dramatically cheaper?Advances in GenAI, autonomous agents and AI-assisted coding are forcing a rethink of long-held assumptions about SaaS…

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Wipro sounds out graduates for full-time positions

BENGALURU: Wipro has emailed fresh graduates hired under its Work Integrated Learning Programme (WILP), asking whether they would like to transition to regular employment. People aware of developments attributed the move to urgent project ramp-ups, prompting the company to onboard talent sooner.WILP offers fresh BCA and BSc graduates an opportunity to begin their careers while…

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