TECHNOLOGY GROUP
NBIS Stock Price and Earnings: Nebius shares rise 15% on Q3 revenue beating estimates
NBIS stock price and earnings have been in focus after shares of Nebius Group rose 15.44% to close at $154.69 on Wednesday. The AI infrastructure company reported third quarter revenues of $980.8 million which beat analyst expectations. The company has reported a net loss of $37.5 million. It also showed positive adjusted earnings.
A cook, a cocktail bar owner and a ski racer: Meet Jensen Huang's children and son-in-law working at Nvidia
Nvidia's CEO, Jensen Huang, is facing mounting pressure amid rumors of a potential successor. His children, Madison and Spencer Huang, while both involved in the company—Madison in marketing and Spencer in robotics product management—are not seen as immediate heirs. Additionally, Huang's son-in-law, Nico Caprez, holds significant influence at Nvidia. However, no formal plans indicate any intention for them to take over leadership any time soon.
European stocks hit record highs on strong earnings, lower oil prices
European stocks hit fresh record highs, supported by strong corporate earnings, easing geopolitical tensions and lower oil prices. The region's limited exposure to AI-linked stocks has also helped it outperform US equities amid concerns over technology valuations.
Sundar Pichai tops HSBC Hurun Global Indians List as Alphabet overtakes Microsoft
Sundar Pichai, the CEO of Alphabet, heads the HSBC Hurun Global Indians List 2026, marking a staggering company valuation of $4.2 trillion. Featuring 236 leaders of Indian descent, the collective value of these companies reaches an impressive $15 trillion. Noteworthy is the growth in artificial intelligence, boasting 18 companies valued at $227 billion.
Godrej Industries shares rally 10% after Temasek's Rs 2,500 crore investment in Godrej Capital
Godrej Industries shares rose sharply on Thursday after Temasek announced a Rs 2,500 crore investment in Godrej Capital at a valuation of up to Rs 28,000 crore. The group will retain around 80% ownership in the financial services business, which reported assets under management of Rs 35,000 crore in October 2026.
‘I bet I can get Jensen here’, Alice Huang boasted at a party. Minutes later, he arrived
Alice Huang, involved in business with Nvidia, claimed her closeness to CEO Jensen Huang. Their association, dating back to 2023, raised concerns over potential espionage links. Megaspeed, her company, purchased significant AI chips from Nvidia, exceeding four billion dollars between 2024 and 2026. US authorities investigated Megaspeed for possible violations regarding chip exports to China. Jensen Huang's recent personal issues have also prompted an independent inquiry into Nvidia's internal matters.
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NeST Group, Cochin Shipyard unveil indigenous hybrid laser arc welding technology
SFO Technologies and Cochin Shipyard Ltd have introduced an indigenous Hybrid Laser Arc Welding technology. This development combines various advanced manufacturing techniques and aims to enhance efficiency in multiple industries. The Advanced Laser Engineering Centre in Kochi will support research and commercialization of these technologies. By utilizing in-house developed high-power fibre lasers, India reduces its reliance on imports.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Japan's Nikkei rises as tech stocks gain despite Nvidia uncertainty
Japan’s Nikkei rose 0.33%, while the Topix gained 0.59%, driven by strength in technology stocks despite uncertainty surrounding Nvidia’s leadership. Nvidia-linked suppliers Advantest and Ibiden declined sharply, while Tokyo Electron and Kioxia advanced. Overall market sentiment remained positive, with 64% of Prime Market stocks recording gains.
US-based NRI loses Rs 2.11 crore in forex trading fraud through fake Handtec Markets platform
A 41-year-old Non-Resident Indian (NRI) from Kunnathunadu, currently living in the US, has allegedly lost Rs 2.11 crore in an online forex trading fraud. The Ernakulam Rural Cyber Crime Police registered a case after the victim's friend filed a complaint. Police said the man was lured into investing through a fake trading platform promoted using Telegram links.
Tata Electronics in talks to raise $2 billion for expansion
The first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at an early stage, with the final size, pricing and lender participation yet to be firmed up. The loan could be priced at around 6%, assuming SOFR remains at around 3.9%.
South Korean auto parts makers plan Rs 1,370 crore investment in Tamil Nadu
South Korean automotive component manufacturers Hwashin Automotive India and Seoyon E-Hwa Summit Automotive India have proposed investments. They plan to invest a total of ₹1,370 crore in Tamil Nadu over the next five years. Hwashin Automotive intends to invest ₹850 crore in research and development, while Seoyon E-Hwa plans ₹520 crore in technology upgrades. These investments target expansion and modernization to support Hyundai Motor India and other automakers.
Dragon's Army-linked university was served Nvidia chips despite US sanctions
The findings come as Nvidia and its CEO Jensen Huang face mounting scrutiny in Washington over his lobbying for looser restrictions on sales of AI chips to China, following reports alleging he was targeted by a Chinese spy.
China is building inside Europe's trade walls, deepening its grip on critical industries
(The opinions expressed here are those of the author, the director of the Geoeconomics Program of the Center for the Study of Democracy)- China doesn't
Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.
Are the Magnificent Seven stocks still worth betting on? Apple, Nvidia, Tesla and 4 other giants control 33.7% of the S&P 500, but which ones are actually rewarding investors in 2026?
The Magnificent Seven have become so large that their performance can move the entire US stock market. Together, Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla accounted for 33.7% of the S&P 500 in November 2026. Their combined market value was reported at $23.6 trillion. Some have delivered strong gains this year, while others have fallen behind the index.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South Korea
Anand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and South Korea. He believes India's software talent, systems integration expertise and huge domestic market could give it a significant advantage in the global AI race. Explaining his optimism, Mahindra said the next big AI opportunity could come from applications, industry-specific expertise and enterprise-wide adoption rather than chips and foundational AI models.
SoftBank posts $7 billion quarterly loss as AI investment risks mount
SoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64.6 billion investment in OpenAI has increased exposure to the sector, while falling AI stock valuations, regulatory concerns and market uncertainty intensify investor worries about sustainable returns.
Tech investor SoftBank Group logs $7 bn quarterly net loss
The company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio of investments and acquisitions.
Who are Chennai’s ‘Famous Five’? Meet Cognizant employees serving special meals at old-age homes and orphanages
In Chennai, five employees from Cognizant Technology Solutions dedicate their weekends to serving the community through volunteer work. Since the inception of their initiative in 2020, they have successfully hosted 88 meal events for those in old-age homes and child-care centres, aided by the generous support of nearly 200 contributors.
MakeMyTrip's India arm gets Sebi nod to float IPO
MakeMyTrip's India subsidiary, MMT India, has received approval from Sebi for an initial public offering. This approval follows a confidential filing of draft papers made in July. The IPO will involve the sale of equity shares by MakeMyTrip and its subsidiary, ibibo Group Holdings. Proceeds from the sale are expected to enhance the cash position of the parent company.
Japan's Nikkei rebounds 2% after tech stock rout
Japan's Nikkei 225 rebounded 2% on Monday following a sharp technology stock selloff that pushed the benchmark into bear market territory. The recovery was driven by Wall Street gains and tech sector stabilization, though market sentiment remained cautious amid ongoing Middle East tensions and US regulatory concerns.
Microsoft employees raise concerns over AI strategy amid 60,000-person buyout offer
The letter, cited in a report byThe New York Times, accuses Microsoft of pursuing AI with a “speed-at-all-costs” approach and urges the company to stop linking employees' use of AI tools to performance rewards or reprimands.
Workout after work: India Inc flexes its fitness muscle as employers make workplace wellness harder to skip
Indian companies are expanding workplace fitness programmes, offering employees access to office gyms, group exercise classes, personal training, sports facilities and memberships across multiple locations. Procter & Gamble, InMobi and Walmart Global Tech are among the employers investing in employee wellness, while fitness providers Cult for Corporates and Fit.Zone report growing corporate demand. The focus is increasingly shifting from offering fitness as an employee perk to encouraging greater participation and making healthy routines part of the working day.
Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
China blocks SoftBank's $5.4 billion acquisition of ABB Robotics
China has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expansion. The intervention highlights Beijing’s growing scrutiny of cross-border deals involving strategically important technologies.
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