Why is Marvell stock surging? Google’s $12.2 billion AI chip deal explained
Marvell Technology is getting a major boost from Google’s growing AI chip business. The chipmaker will help Google develop its custom AI chips, while Google…
Commerce minister Piyush Goyal leads 70-member business delegation to Singapore
New Delhi: Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…
Why is SK Hynix buying back $28.61 billion in shares amid the AI boom?
SK Hynix said on Wednesday that it will buy back and cancel treasury shares worth 40 trillion won, or $28.61 billion. The South Korean chipmaker…
RBI Governor Sanjay Malhotra flags inflation risks; says rate recalibration needs greater clarity, MPC Minutes show
Reserve Bank of India Governor Sanjay Malhotra said he would prefer greater clarity on the persistence and trajectory of inflation before considering any recalibration of…
Why are the Magnificent Seven, including Nvidia and Tesla, losing their Wall Street grip?
The group known as the Magnificent Seven was once the biggest force on Wall Street. The group includes Nvidia, Apple, Amazon, Alphabet, Microsoft, Meta and…
India’s crop insurers seek data protection law to expedite farm innovation
New Delhi: Five of India’s largest crop insurers have jointly asked the government to include a provision for the protection of regulatory data in the…
Global Government Bond Yields Stabilize Ahead of Fed Minutes
Global government bonds stabilized on Wednesday, taking a breather from Tuesday’s steep selloff ahead of the release of the Federal Reserve’s minutes from July’s meeting….
India’s July crude oil imports rise over 9% month-on-month
India’s crude oil imports in July rose more than 9% from the previous month to 21.41 million metric tons, government data showed on Wednesday. On…
The Key to Pharma M&A: Never Shopping Hungry
Everyone who has walked into a grocery store hungry knows how quickly discipline can evaporate. Everything looks like an immediate necessity. AstraZeneca shares plunged after…
China robot makers flock to Beijing show, seek path to mass adoption
China’s robot makers showcased their latest machines at a Beijing conference on Wednesday, seeking to convince investors and customers that the technology is moving forward…