Tech Stocks

IT stocks plummet as Nomura and JP Morgan raise growth concerns

BSE IT index drops 3.2%; Midcaps see deeper cuts

How US tech turmoil has separated established players from younger ones

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

Saudi Aramco becomes world's most valuable stock as Apple shares drop

Aramco traded near its highest level on record on Wednesday, with a market capitalisation of about $2.43 trillion

Bitcoin falls to lowest in 16 months by $26,970, giving up 2021 gains

The world's largest cryptocurrency dropped as low as $26,970, to stand at its lowest since Dec. 28, 2020. In the last eight sessions, it has lost a third of its value, or $13,000

Tiger Global hit by $17 billion losses in tech stock sell-off: Report

Tiger Global losses marked one of the biggest dollar declines for a hedge fund in history

US stocks are likely to be hit by a wave of redemptions, warns Chris Wood

This process, according to Wood, is already well underway with Netflix now down 69 per cent year-to-date (YTD)

Tech stocks drag Indian shares lower; Infosys hits 8-month low

The NSE Nifty 50 index fell 1.89% to 17,142.50, as of 0445 GMT, while the S&P BSE Sensex slid 2.15% to 57,089.44

Should you bet on new-age tech stocks in a rising interest rate regime?

After a lull, a rebound in the market has lifted new-age technology stocks off their lows in the last one month. Is the magic returning to new-age tech stocks or it's a short-term euphoric overshoot?

TMS Ep150: Inflation, green hydrogen, new-age tech stocks, on-device wallet

Can consumers expect relief from further fuel price hike? Will green hydrogen fuel India's future? Should you bet on new-age tech stocks? What's on-device wallet for UPI transactions? All answers here

Infosys Q4 preview: Will high costs dent margin? What top brokerages expect

Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.

Wall St rises as investors buy beaten-down chipmakers, tech stocks

US business activity rises to eight-month high in March; Uber surges on deal to list all NYC taxis on its app

Sebi plans tougher pricing norms for startup IPOs amid share meltdown

Proposes disclosure of relevant KPIs made before pre-IPO investors

Wall Street lifted by tech stocks, upbeat earnings; Dow up 280 points

Megacap names such as Meta Platforms Inc, Google-owner Alphabet Inc, Tesla Inc and Microsoft were up between 1.2% and 2.5%

Earnings whiplash points to more volatility for the US markets

Many market participants hoped that earnings from the big, tech-focused stocks that have led markets for years would lend equities a modicum of support after January's sharp declines

Amazon helps stocks steady but prospects for rate hikes loom over markets

MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.4%, led by a 1.5% rise for the Hang Seng index in its first day of trading after this week's Lunar New Year holidays.

European stocks fall 1% as January rout rumbles on: Here's why

MSCI's 50-country main world index is now down over 8.1% for the month, which will be its worst January since the 2008 global financial crisis year.

Wall Street firms 1% on boost from tech stocks; Dow rises 480 points

The S&P 500 was up 63.50 points, or 1.46%, at 4,413.43, and the Nasdaq Composite was up 170.15 points, or 1.26%, at 13,712.27

Tech stocks drag Japan's Nikkei to 13-month low ahead of Fed decision

US stocks whipsawed between steep losses and modest gains before ending well off session lows, with rate-sensitive tech stocks weighing most heavily

Tech stocks pull Nikkei lower; investors cautious before Fed, earnings

The Nikkei dropped 0.55% to 27,371.11 as of the midday break, with startup investor SoftBank Group being the biggest drag on the index, slipping 3.13%