Tag: cent
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AI stocks rise as Anthropic nears Wall Street debut amid investor caution
Oct 26 : AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease over debt-fueled spending on infrastructure for the new technology.Shares of Nvidia, the world’s most valuable company, added nearly 3 per cent. Micr
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Musk’s grim outlook hits neoclouds as debt concerns mount
Oct 26 : Shares of neocloud companies declined on Monday after SpaceX CEO Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI infrastructure investment and revenue generation.CoreWeave, which has become a poster child for mounting concerns over he
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Stocks, bonds edge up ahead of ‘formidable’ week for risk
LONDON, Oct 26 : Global shares edged up on Monday as oil eased from six-month highs ahead of a week of central bank meetings and corporate earnings that will further test confidence in the AI boom.The oil price was down around 1.8 per cent to $114.6 after reports that Qatari mediators were in Tehran on…
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Musk’s warning hits neocloud stocks as debt concerns mount
Oct 26 : Shares of neocloud companies declined in premarket trading on Monday after Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI infrastructure investment and revenue generation.CoreWeave, which has become a poster child for mounting concer
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Stocks, bonds cautious ahead of ‘formidable’ week for risk
LONDON, Oct 26 : Global shares edged up on Monday as oil eased from six-month highs ahead of a week of central bank meetings and corporate earnings that will further test confidence in the AI boom.The oil price was down around 2 per cent to $114.6 after reports that Qatari mediators were in Tehran on…
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Japan’s Nikkei falls for a 3rd day as tech sector weighs, energy shares rise
TOKYO, Oct 26 : Japan’s Nikkei share gauge lost ground for a third straight session on Monday as chip-related shares continued their decline, while energy-linked shares gained on higher oil prices.The benchmark Nikkei 225 slid 0.80 per cent to close at 62,189.65, its lowest closing level since July 30. The br
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India’s Infosys falls after revenue growth view cut flags AI, competitive pressures
Oct 26 : Shares of India’s Infosys fell 2.7 per cent on Monday after the software exporter sharply cut its fiscal 2027 revenue growth forecast, underscoring challenges from AI-driven pricing pressure, tougher competition and sluggish demand in key markets.The firm was the last of the top 5 to report earnings
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India’s Infosys falls after cutting revenue growth forecast for fiscal 2027
Oct 26 : Shares of IT firm Infosys fell 2.7 per cent in early trading on Monday after the company cut its fiscal 2027 revenue growth forecast more than expected and reported weakness in its North America business. The company cut its fiscal 2027 revenue growth forecast to 1 per cent-2 per cent from 1.5…
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Bank of Japan’s hawkish pause to leave scope for December hike
TOKYO, Oct 26 : The Bank of Japan will likely declare victory in a nearly 14-year battle to hit its 2 per cent inflation target at its policy meeting on Friday and emphasise the risks prices could overshoot, signaling the chance of a rate hike as soon as December.Such hawkish language may reinforce expectatio
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Japan’s Nikkei edges lower as tech sector weighs, energy shares rise
TOKYO, Oct 26 : Japan’s Nikkei share gauge edged lower on Monday as chip-related shares fell after a weaker Wall Street session, while energy-linked shares gained on higher oil prices.The benchmark Nikkei 225 slid 0.43 per cent to 62,425.47 in morning trade, down for a third straight session and poised for it
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