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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
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Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
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Streaming Giants Like Netflix, Disney+, and Prime Video Battle for Anime Supremacy
The popularity of Japanese anime has created a goldmine for streaming giants such as Netflix, Disney+, and Amazon Prime Video. The global anime market was valued at $28.6 billion (about Rs. 2,34,825 crore) in 2022, according to Grand View Research, and is forecast to double in value by 2030. Aya Umezu, CEO of Tokyo-based entertainment consulting fi...
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Apple Now Valued More Than Alphabet, Amazon And Meta Combined: Report
Apple's earnings soared 8 percent on Friday after the release of its better-than-expected fourth-quarter report.
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Amazon to Acquire US Healthcare Provider One Medical for $3.9 Billion
Amazon has announced to acquire the American primary care organisation One Medical in a deal valued roughly at $3.9 billion (nearly Rs. 31,100 crore), marking another expansion for the retailer into health care services. As of this March, One Medical had about 767,000 members and 188 medical offices in 25 markets.
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Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
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Rivian Benefits From Markets' Thirst for Electric Automakers
Rivian's smashing entry into Wall Street, where its value soared higher than that of the traditional Detroit automakers, is confirmation of investors' voracious appetite for any company making electric vehicles.
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Rivian Valued at Over $100 Billion in Debut After World's Biggest IPO of 2021
Rivian surged as much as 53 percent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion (roughly Rs. 7,44,950 crore) after the world's biggest IPO this year.
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Microsoft Becomes Second US Public Company After Apple to Join $2 Trillion Club
Microsoft took its place in the history books as just the second US public company to reach a $2-trillion (roughly Rs. 1,48,50,100 crores) market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world.
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Let E-commerce in India Prosper
E-commerce could be said to be around 3-4 percent of the market share of retail, but even then, it has significantly added value to the communities and economic growth of the country. There is huge potential for growth, and to develop global technologies that can integrate mom and pop stores, argues Lalit Kumar of J. Sagar Associates.
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Amazon's New Offerings Make India Centre of Fintech Push
Amazon.com has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.
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Google-Parent Alphabet Becomes 4th US Company to Top Market Value of $1 Trillion
As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
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Apple's Upbeat Forecast Pushes Market Value Back Toward $1 Trillion
Apple has been jockeying with Microsoft and Amazon for the title of most valuable US company as all three have passed the symbolic trillion mark.
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Amazon Is Now The World's Most Valuable Publicly-Traded Company
Amazon for the first time closed out Monday's session as the world's biggest company by market capitalization, overtaking Microsoft and other fellow tech behemoths.
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Microsoft Overtakes Amazon as Second Most Valuable US Company
Apple tops the list at over $1 trillion after crossing that threshold in September.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
-
Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
-
Streaming Giants Like Netflix, Disney+, and Prime Video Battle for Anime Supremacy
The popularity of Japanese anime has created a goldmine for streaming giants such as Netflix, Disney+, and Amazon Prime Video. The global anime market was valued at $28.6 billion (about Rs. 2,34,825 crore) in 2022, according to Grand View Research, and is forecast to double in value by 2030. Aya Umezu, CEO of Tokyo-based entertainment consulting fi...
-
Apple Now Valued More Than Alphabet, Amazon And Meta Combined: Report
Apple's earnings soared 8 percent on Friday after the release of its better-than-expected fourth-quarter report.
-
Amazon to Acquire US Healthcare Provider One Medical for $3.9 Billion
Amazon has announced to acquire the American primary care organisation One Medical in a deal valued roughly at $3.9 billion (nearly Rs. 31,100 crore), marking another expansion for the retailer into health care services. As of this March, One Medical had about 767,000 members and 188 medical offices in 25 markets.
-
Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
-
Rivian Benefits From Markets' Thirst for Electric Automakers
Rivian's smashing entry into Wall Street, where its value soared higher than that of the traditional Detroit automakers, is confirmation of investors' voracious appetite for any company making electric vehicles.
-
Rivian Valued at Over $100 Billion in Debut After World's Biggest IPO of 2021
Rivian surged as much as 53 percent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion (roughly Rs. 7,44,950 crore) after the world's biggest IPO this year.
-
Microsoft Becomes Second US Public Company After Apple to Join $2 Trillion Club
Microsoft took its place in the history books as just the second US public company to reach a $2-trillion (roughly Rs. 1,48,50,100 crores) market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world.
-
Let E-commerce in India Prosper
E-commerce could be said to be around 3-4 percent of the market share of retail, but even then, it has significantly added value to the communities and economic growth of the country. There is huge potential for growth, and to develop global technologies that can integrate mom and pop stores, argues Lalit Kumar of J. Sagar Associates.
-
Amazon's New Offerings Make India Centre of Fintech Push
Amazon.com has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.
-
Google-Parent Alphabet Becomes 4th US Company to Top Market Value of $1 Trillion
As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
-
Apple's Upbeat Forecast Pushes Market Value Back Toward $1 Trillion
Apple has been jockeying with Microsoft and Amazon for the title of most valuable US company as all three have passed the symbolic trillion mark.
-
Amazon Is Now The World's Most Valuable Publicly-Traded Company
Amazon for the first time closed out Monday's session as the world's biggest company by market capitalization, overtaking Microsoft and other fellow tech behemoths.
-
Microsoft Overtakes Amazon as Second Most Valuable US Company
Apple tops the list at over $1 trillion after crossing that threshold in September.
