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Jake Nesler's AI bot dodged $10,000 loss during NVIDIA surge
Retail investors are increasingly using AI agents for trading, but despite the hype, significant financial gains remain elusive.
Report: AI could shrink Indian IT revenue 3% to 3.5%
AI-driven deflation could potentially erase nearly $10 billion from annual revenues of India's $315 billion IT services industry, as per analyst estimates.
Jane Street paid employees $9.38 billion, generated $39.6B trading revenue
Jane Street Group rewarded its employees with an average payout of $2.68 million in 2021, outpacing Wall Street rivals like Goldman Sachs.
Elon Musk defends Tesla and xAI amid clash with OpenAI
Elon Musk faced intense questioning over his for-profit AI ventures during his ongoing trial against OpenAI in California.
India will not cut infrastructure capex despite West Asia conflict
Despite potential stress from the West Asia conflict, the Indian government plans to prioritize capital expenditure (capex) and maintain public spending levels.
U.A.E. exits OPEC to reach 5 million bpd by 2027
The UAE's exit from the oil cartel OPEC is a strategic move influenced by economic and geopolitical factors, amidst the US-Iran war.
NVIDIA valued at $4.91 trillion overtakes India's entire listed market
US-based chip giant Nvidia's market capitalisation has surpassed the total market cap of all companies listed in India, reaching $4.91 trillion.
Homelane boosts projects 50% as Livspace trims staff with AI
Indian home interior startups are leveraging artificial intelligence (AI) to reduce operational costs and increase productivity amidst stiff market competition.
HUL, Nestle hike prices and shrink packs amid U.S.-Iran conflict
Consumer goods manufacturers are employing strategies like shrinkflation, price hikes, and cost controls to counter increased raw material costs due to the US-Iran war.
Nipun Aggarwal likely new Air India CEO after Wilson resignation
Nipun Aggarwal, Air India's chief commercial and transformation officer, is a leading contender to succeed outgoing CEO Campbell Wilson.
Novo Nordisk renames Rybelsus as Ozempic in US to compete
Novo Nordisk is relaunching a less-popular diabetes tablet as Ozempic in the US, aiming to leverage the brand's strong recognition and regain market share.
Oil drops 5.5% to near $102 as US Iran talks
Oil prices fell due to potential progress in US-Iran peace negotiations and hopes for reopening the Strait of Hormuz, despite ongoing global supply concerns.
Indian startups raised $660 million in April 2026, late-stage focus
Indian startups raised $660 million in April 2026, a 3.2% increase from last year, with late-stage deals dominating the funding landscape.
Toto $190 million semiconductor bet lifts shares to 2021 high
Japanese toilet manufacturer, Toto, sees a significant rise in value following its $190 million investment into AI and semiconductor production.
India's GST revenue hits an all-time high of ₹2.43 trillion
India has registered a record ₹2.43 trillion in Goods and Services Tax (GST) revenue for April 2026, according to data released by the Finance Ministry.
Meta raises $25B in debt to fund AI expansion
Meta Platforms has raised $25 billion through an investment-grade bond sale. The move is part of Meta's aggressive push into artificial intelligence (AI) infrastructure.
Vodafone Idea gets ₹23,649cr AGR relief, dues cut to ₹64,046cr
Vodafone Idea has announced a major reduction in its Adjusted Gross Revenue (AGR) dues.
Centre slashes export duties on diesel, aviation turbine fuel
The Indian government has announced a reduction in export duties on diesel and aviation turbine fuel (ATF).
Apple posts $111B revenue, $29.6B profit in Q2; beats expectations
Apple has announced a stellar performance for the second quarter of fiscal 2026, which ended on March 31.
Apple will channel Trump tariff refunds back into US economy
Apple is seeking refunds for the tariffs it paid under Donald Trump's trade policies.
Sex harassment suit against JPMorgan exec branded 'complete fabrication': Report
The allegations of sexual abuse made by a former JPMorgan employee against a senior executive, Lorna Hajdini, have been branded a "complete fabrication," the New York Post reported.
Apple's Mac sales soar due to AI workloads
Apple's latest earnings report has revealed a surprising spike in demand for its Mac computers, driven largely by artificial intelligence (AI) workloads.
Intel stock surges 114%, doubles investor wealth in April
Intel has witnessed an unprecedented surge in its stock price, with a whopping 114% increase in April. This marks the company's best month since it went public on the NASDAQ nearly 55 years ago.
Meta won't rule out more layoffs after 10% job cuts
Meta, the parent company of Facebook, is preparing to cut around 10% of its workforce this month.
What Tim Cook wants Apple's incoming CEO to focus on
As Tim Cook prepares to hand over the reins of Apple to John Ternus, he has shared some valuable advice.
JPMorgan executive accused of making junior employee 'sex slave' responds
Lorna Hajdini, a high-ranking executive director at JPMorgan Chase, has vehemently denied allegations of sexual coercion made against her in a recent lawsuit by a former colleague.
Warner Bros. CEO's pay package triples to $165M
David Zaslav, the CEO of Warner Bros. Discovery (WBD), saw his pay package more than triple in 2025 to $165 million.
Air India to cut 100 flights as fuel costs surge
Air India is planning to reduce its flight operations by nearly 100 flights a day, owing to the skyrocketing jet fuel prices.
Apple accuses CCI of overstepping in $38B penalty case
Apple has accused the Competition Commission of India (CCI) of overstepping its jurisdiction by demanding financial data in an antitrust case related to the iPhone app market.
RBI shifts over 100MT of gold to domestic vaults
The Reserve Bank of India (RBI) has repatriated a massive 104.23 metric tons of gold to the country between October 2025 and March 2026.
Commercial LPG cylinder price hiked by ₹993 to ₹3,072
The price of a 19kg commercial LPG cylinder has been increased by ₹993, effective from May 1. The revised rate now stands at ₹3,071.50 in Delhi.
Meta's stock dips as it plans billions more in AI
Meta, the parent company of Facebook and Instagram, has witnessed a major dip in its stock price.
Cars24 co-founder Mehul Agrawal steps down as IPO nears
Mehul Agrawal, the co-founder of Cars24, has stepped down from his operational role in the SoftBank-backed used-car marketplace.
Student loans: All about this option
Navigating the world of student loans can be tricky, particularly for those new to the process.
Reliance Retail acquires Priyanka Chopra's haircare brand Anomaly
Reliance Retail has acquired Priyanka Chopra's haircare brand, Anomaly. The deal includes the brand's trademarks, brand assets, and digital properties.
'BJ for birthday...': JPMorgan exec accused of sexually abusing junior
Lorna Hajdini, an Executive Director at JPMorgan, has been accused of sexually abusing a junior male employee.
Index funds: A beginner's guide
Index funds are becoming increasingly popular among investors in India, thanks to their simplicity and cost-effectiveness.
Adani Enterprises posts ₹221cr loss in Q4
Adani Enterprises has reported a consolidated net loss of ₹220.7 crore for the fourth quarter of FY26.
India's domestic air travel growth slows to 1%
India's domestic air passenger traffic has witnessed a major slowdown in FY26, growing just 1.33% year-on-year to 16.75 million passengers.
PayPal makes Venmo standalone unit amid takeover interest
PayPal is restructuring its business to create three distinct segments, including making Venmo a standalone unit, according to CNBC.
No layoffs at Infosys, says CEO amid AI transformation
Infosys CEO Salil Parekh has confirmed that the company won't be laying off employees, even as artificial intelligence (AI) transforms the global IT services sector.
Why Vedanta shares fell 65% today
Vedanta's share price witnessed a massive fall of 65% on Thursday. The fall was purely technical and not due to any destruction of investor wealth, as the stock adjusted for its much-awaited demerger.
I was a fool for funding OpenAI, Musk tells court
Elon Musk said that he was a "fool" for funding OpenAI in its early days.
Xbox hardware sales plunge 33% as Microsoft's consumer segment weakens
Microsoft has reported a massive 33% drop in its Xbox hardware revenue, according to the company's latest earnings report.
Indian rupee weakens beyond ₹95/$ amid oil price surge
The Indian rupee has breached the 95 per US dollar mark for the first time since March 30.
China's factories are still growing despite global risks
China's factory activity has exceeded analysts' expectations for April, although the growth rate has slowed compared to last month.
Cognizant to cut 4,000 jobs amid AI push, slowing demand
Cognizant Technology Solutions has announced plans to lay off around 4,000 employees, or nearly 1% of its workforce. The decision comes as the company faces slowing demand and shifts toward automation.
Sensex crashes 1,200 points: Key reasons markets are falling today
The Indian stock market witnessed a major crash on Thursday, with the BSE Sensex plummeting by nearly 1,200 points. The Nifty50 also fell below the 23,800 mark.
Samsung posts record $38B profit on AI chip demand
Samsung Electronics has reported a record-breaking first-quarter operating profit, beating analysts' expectations.
Epic wins as court blocks Apple's delay in fees battle
Epic Games has won a major legal battle against Apple, as a US appeals court has denied Apple's request for a delay in the ongoing dispute over App Store fees.
US Fed keeps rates unchanged as inflation, oil risks linger
The US Federal Reserve has decided to keep its key interest rate unchanged, amid surging oil prices, growing inflation risks, and leadership transition at the central bank.
Oil prices cross $126 as Strait of Hormuz remains shut
Oil prices have continued to rise, with West Texas Intermediate jumping 2.6% to $109.64 a barrel, gaining for the fourth day. Brent surged 7%, crossing the $126 a barrel mark.
Amazon, Meta to lobby NPCI over PhonePe, Google Pay's dominance
Amazon and Meta are set to challenge the dominance of PhonePe and Google Pay in India's instant payments network.
Anthropic mulls $50B funding round at $900B valuation
Anthropic, the company behind the popular Claude AI assistant, is considering a new funding round.
Trump tariff refunds worth $166B may begin by May 11
The Trump administration is gearing up to issue its first round of tariff refunds, starting around May 11.
Green bonds: Key insights on this investment option
Indian green bonds are becoming an increasingly popular option for investors looking to contribute to sustainable development.
Educational loans: All about this funding system
In India, education loans are a popular way to fund higher studies.
PPF v/s FD: Key facts and differences
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular investment options in India.
How much are oil companies losing on petrol, diesel sales?
Oil marketing companies in India are incurring significant losses on the sale of petrol and diesel.
These 25 companies in India can turbocharge your career
LinkedIn has released its annual list of the top 25 companies for career growth in India. The list features industry giants such as Infosys, Amazon, and Google.
Vedanta Q4 profit jumps 89% to record high of ₹9,352cr
Vedanta has announced a massive jump in its fiscal fourth-quarter earnings.