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Investors commit nearly $400 billion to India's green energy sector, says Pralhad Joshi
Investors have shown significant interest in committing nearly $400 billion to India's green energy initiatives. Renewable energy minister Pralhad Joshi stated that this investment comes from both domestic and international companies. India needs approximately $220 billion by 2030 to fulfill its renewable energy targets. Discussions included challenges regarding solar cell availability and the ongoing development of energy storage systems.
Apple becomes world’s most valuable company with $5.1 trillion market cap as AAPL stock today hits record high after Democrats win midterm elections
Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the world’s most valuable company. The rally followed Democrats’ midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.
HP names former GSK chief Emma Walmsley as CEO
HP has just announced that Emma Walmsley will take over as CEO starting in January.
Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?
Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costlier memory chips are hurting the company, and the selloff has spread to other chip and server stocks.
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.
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial outcomes. With soaring operational costs and waning consumer interest, both companies face challenging cash flow situations, resulting in borrowing to cover rising expenses. This situation has led to declines in semiconductor and AI cloud shares as investors question future profitability, sparking fears about the tech sector's growth sustainability.
Logitech sheds $2 billion in market cap as margin concerns overshadow profit beat
Logitech's share price dropped by 10% despite exceeding profit expectations for Q2, as analysts suggest that profit-taking and worries about future margins played a role in the decline. The company anticipates reduced gross margins for the upcoming December quarter due to rising costs related to components and shipping, heightening concerns over economic conditions. However, some analysts argue that the market's reaction seems overly harsh within the broader economic context.
Tata Motors rules out raising Iveco bid, calls €14.40 offer ‘last and final’
Tata Motors announced a final offer of €14.40 per share to acquire the Iveco Group. This revised bid came after a delay in regulatory approvals across several countries. The approval from minority shareholders was sought during an extraordinary general meeting. The offer is set to close on October 26, with settlement planned for October 30. Tata Motors plans to complete this acquisition by November, if all conditions are met.
PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.
Fortnite-maker Epic Games makes 'huge pivot' with AI, CEO says
Fortnite-maker Epic Games is making a "huge pivot" towards using artificial intelligence (AI) to boost video game development, CEO Tim Sweeney said on Monday. It also lands about six months after Epic said it would lay off more than 1,000 employees, though the company attributed the decision to broader issues like slower growth, rather than AI. Ramping up its use of AI internally now will increase Epic's ability "to survive the AI revolution, help other developers do the same, and come out on the other end making better code and content faster," Sweeney wrote on Monday.
Snapdragon X2 Plus puts AI at the heart of Lenovo’s new Yoga Slim 7x
Qualcomm’s mainstream AI silicon meets Lenovo’s flagship thin-and-light design and Microsoft’s Copilot+ PC software, sharpening the case for Arm-based Windows PCs. The result is a slick, smart, and savvy Lenovo Yoga Slim 7x.
Microsoft brings more AI to PCs as it challenges Apple
Microsoft said it was releasing Microsoft Execution Containers, a tool to prevent agents from accessing data and doing unauthorized tasks when running on a laptop or desktop machine. Anthropic, OpenAI and Nvidia will use the tools, Pavan Davuluri, executive vice president for Windows and devices, said at the event in San Francisco.
Microsoft, Nvidia CEOs to unveil new AI laptop at San Francisco event
Microsoft is set to unveil a groundbreaking laptop featuring Nvidia's chips, aimed at bolstering local AI functionalities. This ambitious move intends to transfer previously cloud-dependent complex tasks to individual devices, streamlining operations. However, both Microsoft and Apple face hurdles due to escalating hardware expenses in the competitive AI landscape. This event symbolizes a longstanding partnership between Microsoft and Nvidia, which is crucial for the future of advanced computing.
Minecraft Dungeons II, Ace Combat 8: Wings of Theve on Xbox X/S, PlayStation 5, Switch, PC: New Gameplay, graphics, characters for gamers on the way
Xbox X/S, PlayStation 5, Switch and PC will have new video games for gamers. "Minecraft Dungeons II" and "Ace Combat 8: Wings of Theve" video games are releasing this week.
How AMD went from Intel’s smaller rival to a $1 trillion AI contender
AMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and product innovation. Under CEO Lisa Su, AMD has transformed its business and expanded its offerings beyond CPUs. Recent acquisitions have bolstered AMD's capabilities in graphics processing and data center solutions.
With new Macs, Apple aims to take on Microsoft, Nvidia in a rush to lower AI costs
Apple's upgraded Mac Minis and Mac Studios which can cost nearly $20,000 and handle AI tasks locally will go head-to-head against new desktop machines that Nvidia and PC makers are rolling out, expected to be the focus of a Microsoft Windows event in San Francisco next month.
With new Macs, Apple aims to take on Microsoft, Nvidia in a rush to lower AI costs
Apple's upgraded Mac Minis and Mac Studios which can cost nearly $20,000 and handle AI tasks locally will go head-to-head against new desktop machines that Nvidia and PC makers are rolling out, expected to be the focus of a Microsoft Windows event in San Francisco next month.
BMW India to hike prices again on pressures from rupee depreciation, high commodity costs: CEO
BMW Group India will soon increase vehicle prices for the fourth time this year. High commodity costs and rupee depreciation are pressuring the company's profit margins. The German luxury car maker has already implemented three price revisions in 2026. New BMW 7 Series models, including the electric i7, are now available. Deliveries for these new models will commence from October 2026.
PC Jeweller shares fall 5% after sharp 3-day rally; stock up 388% in 3 years
PC Jeweller shares retreated after a 37% three-session rally, likely due to profit booking. Despite the decline, the stock remains up 31% in a week and 45% in 2026, with gains of 388% over three years and 424% over five years.
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