AMAZON SHAREHOLDERS
MacRitchie Investments sells 3.74% stake in CarTrade for Rs 470 crore; Smallcap World Fund, Norges Bank buy shares
MacRitchie Investments sold 18.20 lakh CarTrade Tech shares worth Rs 470.11 crore through a bulk deal. Smallcap World Fund and Norges Bank acquired stakes, while CarTrade reported 10.2% revenue growth in Q2FY27.
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
AMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could let it buy as much as 10% of the chip firm if it meets certain milestones. The deal followed a similar agreement with OpenAI last year, giving the startup the option to buy up to roughly 10% of the chipmaker.
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
AMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could let it buy as much as 10% of the chip firm if it meets certain milestones. The deal followed a similar agreement with OpenAI last year, giving the startup the option to buy up to roughly 10% of the chipmaker.
Big tech share buybacks plunge 83% as AI spending hits cash flows
Major US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free cash flow into deficit. The shift raises concerns about shareholder returns and places greater pressure on Big Tech to deliver profit growth from its AI investments.
Besides the bubble, a big AI risk could be growing in the shadows
Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently experienced a significant sell-off, indicating growing nervousness among shareholders. S&P Global predicts considerable expenses on data centres for major companies like Amazon and Microsoft through 2030.
Big Tech returns smallest share of cash to shareholders in 15 years, given AI spending
The retreat threatens a long-standing source of support for technology share prices. With companies buying back fewer shares, investors are increasingly dependent on heavy AI investments delivering enough profit growth to justify their valuations.
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What if you had invested $1,000 in Netflix stock 20 years ago? Here’s how much NFLX would be worth today
Netflix stock investment: A $1,000 investment in Netflix (NFLX) stock 20 years ago would be worth about $218,000, according to a Kiplinger analysis. But the gains came with steep sell-offs, rising content costs and growing competition. Here’s what drove Netflix’s long-term returns and what its latest financial results reveal.
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepen
Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology companies like Meta, Alphabet, and Microsoft are increasing their capital outlays to strengthen AI infrastructure. The Nasdaq 100 index has already seen a significant decline of more than 5.8% in October. Analysts predict that global AI infrastructure spending could reach unprecedented levels by 2030.
What are Warren Buffett's views on investment in gold? Here's why he has maintained a different approach towards the precious metal
Buffett explained his position in Berkshire Hathaway's 2011 annual shareholder letter. He questioned the economic usefulness of gold as an investment. He described how gold is mined, melted, stores and guarded, without producing anything during the time it is held. His argument was that investors could own productive assets instead of an asset whose value depends largely on what another buyer is willing to pay.
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen
The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI trade ran into turbulence, with hyperscalers Meta Platforms, Alphabet and Amazon.com raising spending forecasts further as they race to expand AI infrastructure.
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
Asia chip firms see strong AI demand; market jitters continue
Asian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young Liu stated that AI is not in a bubble, underscoring clear demand for AI products. Tokyo Electron reported a significant forecast increase in operating profit due to robust demand for chipmaking equipment. SK Hynix announced plans to return about $75 billion to shareholders due to rising memory prices.
AI giants' funding ambitions test Wall Street's appetite for risk
The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year's stock market gains.
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO
Meesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Anthropic's record IPO faces some big questions
No startup has ever grown so fast. Investors have already grown nervous.
Global Market Today: Asian stocks advance on resurgent AI optimism
The MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix Inc.’s stock climbing after the company reported operating profit that beat estimates. The chipmaker is planning a total of 100 trillion won ($75.4 billion) in shareholder returns for 2026.
Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortune
Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company shares, bonuses and salary over the years. While his personal stake remains small, Microsoft’s growth under his leadership has made him one of the wealthiest executives in technology. Here’s how his compensation helped build his fortune.
Anthropic’s historic IPO filing: Will Anthropic (ANT) stock crash after IPO? Claude maker reportedly targets potential $2 trillion valuation
Anthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential $2 trillion valuation, but its heavy spending and billions in losses raise questions. Will ANT stock hold its value after listing, or could investors rethink the price once trading begins?
Global Market: South Korean shares fall over 1% as AI trade concerns weigh; won strengthens
South Korean shares fell as AI-related concerns weighed on sentiment ahead of major US technology earnings. The won strengthened against the dollar, while government bond yields declined.
Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earnings
MSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earlier gains and traded little changed.
Global Market Today: Asian stocks slide after US tech rout
MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in July. Taiwan’s stock exchange will be shut Friday due to a typhoon. Sentiment stayed weak as contracts for the Nasdaq 100 Index fell 0.3% in early Asian trading.
Meet Kevin Corey, the high school business teacher who started a wipes brand with $14,000; by 2025, it was generating $3.8 million
Corey is the co-founder of Stall Mates. It is a brand of flushable bathroom wipes that he built with his teaching career. All of this started as a small business idea. It has now grown into a company selling around 250,000 packs of wipes annually. It is reported that he continues to work as a teacher while managing the business during evenings and weekends.
Orthodontist Jim Woods invested $65,000 in Nvidia in 2000; by 2024, his stake had reached $15 million
In 2000, Jim Woods was working full-time as an orthodontist. That same year, he placed $65,000 into Nvidia, then a relatively young tech company known mostly for PC graphics hardware. Twenty-four years later, that single trade reached a value of $15 million.
Next phase of AI about driving outcomes, not experiments: OpenAI's Pragya Misra
She said it was no longer about just deploying ChatGPT at scale but about going to a company's board and CEO, asking what the hardest problems they were trying to solve were, and working with them to solve those specific problems so that they could report the results to shareholders and investors.
Eutelsat OneWeb much ahead of Starlink in licence queue: Sunil Mittal
Bharti Group, with a 17.88% stake, is the second largest shareholder in Eutelsat OneWeb after the French government. The low-Earth orbit (LEO) satellite operator, which competes with Starlink, was the first to seek Indian government approval for starting its services.
Warren Buffett says most people shouldn't pick stocks. Here's how he wants his family to invest his wealth
Warren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors should avoid complicated strategies and high fees that diminish returns. Buffett's guidance extends to his family's financial future, advocating a similar investment approach for his wife's wealth. He believes in the long-term growth potential of the American economy despite past crises.
Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AI
US stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation expert Aswath Damodaran. However, with equity risk premiums falling below 4%, he warns that the rally hinges on whether AI investments can deliver the profits investors expect, raising the risk of a sharp market correction.
In 2015, Jay-Z paid roughly $56 million for TIDAL’s parent company; six years later, Jack Dorsey’s Square paid $297 million for a majority ownership stake
In 2015, Jay-Z took a bold step by acquiring TIDAL with a vision to create a music streaming platform driven by artists. Fast forward to 2021, Square made headlines by securing a $297 million majority stake in TIDAL. This move not only empowers musicians to embrace entrepreneurship through Square's financial technology but also ensures that artist shareholders retain their ownership. This merger exemplifies the blending of entertainment and fintech sectors.
Warren Buffett’s S&P 500 investment advice: How $400 a month in this fund may grow to $820,000 in 30 years
Warren Buffett advocates for investing in the S&P 500 index fund over picking individual stocks. A consistent investment of $400 each month could yield impressive returns based on historical data. After three decades, this strategy might lead to around $820,000, assuming that past annual returns continue.
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