Alibaba is undergoing a broader corporate reorganization, divesting non-core assets while making AI and cloud computing a top strategic priority with the aim of reaching $100 bn in AI revenue in 5 yrs
Companies and brokers who are losing their cash cow as investors are increasingly moving to passive index funds are claiming that increasing dispersion within equity markets makes actively managed portfolios a better deal again. But even in more theoretically…
In a troubling trend, Nifty and Sensex slipped for a fifth day on Monday, as escalating oil prices and struggling IT stocks soured investor confidence. The broader market followed suit, opening lower and reflecting the ongoing negative sentiment. Analysts pre…
SpaceX has completed the acquisition of AI coding startup Cursor, one of the largest technology deals in recent months. The deal is valued at $60 billion and will be paid in new SpaceX shares. The arrangement concerns Cursor's parent company, Anysphere, and w…
Investors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The Federal Reserve’s Jackson Hole symposium and AI infrastructure spending remain key market catalysts. Robust earnings, p…
