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- Amazon shares sink 7% as AI spending fuels cash-burn concerns, overshadow cloud growth October 30, 2026Amazon's shares dropped significantly in after-hours trading following disappointing earnings and substantial investments in artificial intelligence. The company reported a net income decline and lower-than-expected forecasting for the holiday season. Its cloud computing unit, Amazon Web Services, saw robust growth but raised concerns over cash burn fro […]
- Google parent Alphabet loses $500 billion in market value as AI spending spooks investors October 30, 2026In a surprising turn of events on Thursday, Alphabet saw a steep decline in its stock prices due to underwhelming earnings announcements. This downturn has sparked worries about rising costs associated with artificial intelligence and their impact on profit margins. As AI tools challenge Alphabet's search advertising dominance, investors remain anxious, […]
- Markets open flat; Sensex rises 49 points to 74,200, Nifty at 22,965 October 30, 2026
- Oil prices rise as Houthi attacks on Saudi Arabia stoke supply fears; Brent nears $116 October 30, 2026Crude oil prices are increasing as Brent crude surpasses $115 per barrel amid escalating tensions. Attacks by Yemen’s Houthi group on Saudi oil sites raise fears of supply disruptions. Efforts for diplomatic negotiations between Washington and Tehran remain unyielding, contributing to market uncertainty. Meanwhile, Iranian reports of maritime incidents furth […]
- Sagility BV to cut stake in India arm October 30, 2026
- Public banks not assets to be sold off, they are tools to build nation: Rahul amid IDBI bank sale row October 30, 2026‘I took that question to the Lok Sabha. I asked why a profitable public bank was being sold and how its employees and depositors would be protected. The government gave no reason. Now it has decided to sell IDBI Bank to Fairfax, a Canadian company,’ says Rahul Gandhi
- Disinvestment as key economic strategy October 30, 2026Given the fact that privatisation of several PSEs is a long journey, calibrated disinvestment could serve as an interim measure
- What's next for Jio after India’s biggest-ever IPO? | Explained October 30, 2026Jio leads in terms of subscribers and market capitalisation, but continues to lag behind Airtel in average revenue per user (ARPU); a key growth driver is expected to be industry-wide tariff increase by FY27
- The digital pathogen: Why cyber hygiene is no longer optional | Explained October 30, 2026The term cyber hygiene, the first line of defence against cybercrime, increasingly got into the vocabulary after financial institutions and public bodies suffered serious security scares
- Markets extend previous session's rally amid buying in IT firms, earnings-driven demand in Trent October 30, 2026The 30-share BSE Sensex climbed 138.77 points to 74,289.81 in early trade. The 50-share NSE Nifty was up 38.95 points to 22,967.10