Global
- GLOBALGLOBAL · 1 min
Six legacy stocks surpass $100 billion market caps driven by AI boom
Six established companies, including GE Vernova, Seagate Technology, Vertiv, Western Digital, and Sandisk, have each surpassed $100 billion in market capitalization, fueled by the surge in AI demand.
28 Jul, 03:28 pm IST - GLOBALGLOBAL · 2 min
Nobel economist challenges Elon Musk to donate $1 trillion by 2036
Nobel Prize-winning economist Daron Acemoglu publicly challenged Elon Musk to donate his entire $1 trillion fortune to charity by 2036.
28 Jul, 07:28 am IST - GLOBALGLOBAL · 2 min
Dollar eases as oil prices fall amid pause in Middle East conflict
The U.S. dollar weakened against the euro and yen on Monday as oil prices dropped following a pause in U.S. bombing in Iran. Brent crude futures fell 8%, down $7.78 to $89 a barrel, after the U.S.
28 Jul, 03:28 am IST - GLOBALGLOBAL · 2 min
US Treasuries rise as yields attract buyers before Fed meeting
US Treasuries rose as the government paused strikes on Iran and oil prices fell, with an auction of the shortest-dated notes attracting buyers ahead of thi…
28 Jul, 03:28 am IST - GLOBALGLOBAL · 1 min
Developer proposes modern email system built on HTTP protocol
Andros Fenollosa outlined a new approach to email architecture that replaces the traditional SMTP protocol with a system built entirely on HTTP.
28 Jul, 01:28 am IST - GLOBALGLOBAL · 2 min
Amazon and Microsoft commit $400 billion to AI cloud infrastructure
Amazon and Microsoft are each set to spend roughly $200 billion this year on building out data centers to support AI services, totaling $400 billion in combined investment, according to fortune.com.
27 Jul, 03:28 pm IST - GLOBALGLOBAL · 2 min
Global household wealth rises $40 trillion in 2025, McKinsey reports
Global households added a record $40 trillion in wealth in 2025, pushing total household net worth to $570 trillion, a 7.3% increase, according to McKinsey…
27 Jul, 01:28 pm IST - GLOBALGLOBAL · 2 min
New Zealand dollar to strengthen against euro on rate gap
New Zealand’s dollar is expected to reach its strongest level in over a year against the euro, driven by a widening interest rate gap between the two regions, strategists said on July 27.
27 Jul, 05:28 am IST - GLOBALGLOBAL · 2 min
Australia to invest $3.2 billion in Aukus submarine shipyard expansion
Australia will invest A$4.6 billion (approximately $3.2 billion) to expand the Osborne Naval Shipyard in South Australia, Defence Minister Richard Marles announced.
27 Jul, 03:28 am IST - GLOBALGLOBAL · 2 min
Wall Street braces for Fed decision and tech earnings this week
Wall Street is preparing for a pivotal week as the US Federal Reserve is widely expected to keep its benchmark interest rate steady in the 3.50%-3.75% rang…
27 Jul, 01:28 am IST - GLOBALGLOBAL · 1 min
Flatiron Building in New York converted into luxury residences worth ₹565 crore
The iconic Flatiron Building in New York City has been transformed from office space into ultra-luxury residences after a seven-year renovation, with apart…
26 Jul, 07:28 pm IST - GLOBALGLOBAL · 2 min
Data centers lowered electricity costs despite AI-driven buildout fears
Data centers have historically contributed to lowering retail electricity prices, even as fears rise over a $7 trillion AI infrastructure buildout potentially driving up costs.
26 Jul, 03:28 pm IST - GLOBALGLOBAL · 2 min
AI spending surges globally but revenue growth lags behind
Global spending on artificial intelligence infrastructure has surged to hundreds of billions of dollars, yet the revenue generated from these investments i…
26 Jul, 11:28 am IST - GLOBALGLOBAL · 1 min
Samsung wins $200 billion chip supply deal with Broadcom
Samsung Electronics Co. secured a contract exceeding $200 billion to supply chips to Broadcom Inc. over five years through 2030.
26 Jul, 05:28 am IST - GLOBALGLOBAL · 2 min
South Korean court orders SK Group chairman to pay $644 million in divorce
A South Korean court has ordered Chey Tae-won, chairman of SK Group, to pay his ex-wife Roh Soh-yeong 944 billion won ($644 million) in a divorce settlemen…
25 Jul, 07:28 pm IST - GLOBALGLOBAL · 1 min
Paramount delays Warner buyout amid states' legal challenge
Paramount has postponed the closing of its acquisition of Warner Bros as a judge reviews a legal challenge filed by several states.
25 Jul, 11:28 am IST - GLOBALGLOBAL · 2 min
South Korea's SK Hynix and Samsung sign $950 billion deal with US tech firms
South Korean semiconductor giants SK Hynix and Samsung Electronics have entered into a $950 billion partnership with major US technology companies, according to economictimes.indiatimes.com.
25 Jul, 11:28 am IST - GLOBALGLOBAL · 1 min
China fines Trip.com $770 million for online hotel-booking monopoly
China has fined Trip.com Group $770 million for monopolistic practices in its online hotel-booking business, the company confirmed this week.
25 Jul, 09:28 am IST - GLOBALGLOBAL · 1 min
Yen posts largest weekly drop in over two months against dollar
The Japanese yen recorded its biggest weekly percentage decline in more than two months, continuing to languish near 40-year lows against the U.S. dollar, according to livemint.com.
25 Jul, 01:28 am IST - GLOBALGLOBAL · 2 min
WPP plans £500 million savings with Elevate28 restructuring by 2028
WPP announced an 18-month restructuring plan called Elevate28 aimed at saving £500 million by 2028, following a period of declining revenues and client losses.
24 Jul, 09:28 pm IST