Advanced Micro Devices said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years in a deal that allows the Facebook owner to purchase as much as 10% of the chip firm.Read More

U.S. stock index futures edged up on Tuesday, recovering ​slightly after a broad market selloff the previous session as investors grappled with the uncertain impact of President Donald Trump’s tariff maneuvers and escalating AI-related concerns.Read More

Indian benchmarks tumbled Tuesday as IT, auto and banking stocks dragged indices lower. Select stocks saw sharp moves amid AI-driven disruption fears and sector-specific triggers.Read More

Jeff Bezos advocates taking asymmetric bets where limited downside meets massive upside. This philosophy shaped Amazon ventures like AWS, encouraging calculated risk-taking, experimentation and resilience. The approach underlines innovation, long-term investing and bold decision-making in uncertain environments.Read More

Canara Bank plans to raise Rs 5,000 crore through Basel III Tier-2 bonds on February 26 to bolster capital and fund future growth. With CRAR at 16.50% and strong retail-led credit expansion, the lender is preparing to meet rising loan demand while retaining flexibility via a Rs 3,000-crore greenshoe option.Read More

Citigroup’s hedge fund clients sold ​the dollar ​around Friday’s U.S. Supreme Court ruling ​on President Donald Trump’s sweeping tariffs, according to a note from the U.S. bank shared with ‌Reuters late ⁠on Monday.Read More

HSBC argues that AI will not replace enterprise software but become embedded within it, acting as a supporting layer. The brokerage sees legacy software vendors as key beneficiaries of AI adoption, driven by agent-based integration, strong demand, and scalable enterprise deployment, even as tech stocks face near-term disruption concerns.Read More

The Indian ​rupee closed modestly weaker on ​Tuesday, weighed down by a drop in ​local stocks and strong dollar demand from the non-deliverable forwards market, though losses were limited by central bank intervention.Read More

Post ContentRead More

Indian IT shares experienced a sharp decline on Tuesday, extending a significant selloff driven by concerns over AI-led disruption. Analysts are divided on whether to buy the dip or await further consolidation, with some suggesting AI integration and legacy system management still require IT service providers.Read More