Page 2 - Tech Stocks

Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%

The tech-heavy Nasdaq index is down 22 per cent this year

Nasdaq ticks up on hopes of less aggressive rate hikes after weak PMI data

US composite PMI at lowest since February 2021; Zoom tumbles on weak forecast; Macy's shares rise on earnings beat

TMS Ep233: Akasa Air strategy, Delhi's excise policy, markets, belated ITR

Will Akasa's launch help bring down airfares? What went wrong with Delhi's new excise policy? Is it time to add Paytm, Nykaa, Zomato to your portfolio? What is belated ITR filing? All answers here

Tech industry comfortable with hybrid work model: Nasscom-BCG report

Over 80 percent of the IT companies and GCCs are most likely to adopt a hybrid work model as compared to the rest of the industry segments

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

IT stocks plummet as Nomura and JP Morgan raise growth concerns

BSE IT index drops 3.2%; Midcaps see deeper cuts

How US tech turmoil has separated established players from younger ones

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

Saudi Aramco becomes world's most valuable stock as Apple shares drop

Aramco traded near its highest level on record on Wednesday, with a market capitalisation of about $2.43 trillion

Bitcoin falls to lowest in 16 months by $26,970, giving up 2021 gains

The world's largest cryptocurrency dropped as low as $26,970, to stand at its lowest since Dec. 28, 2020. In the last eight sessions, it has lost a third of its value, or $13,000

Tiger Global hit by $17 billion losses in tech stock sell-off: Report

Tiger Global losses marked one of the biggest dollar declines for a hedge fund in history

US stocks are likely to be hit by a wave of redemptions, warns Chris Wood

This process, according to Wood, is already well underway with Netflix now down 69 per cent year-to-date (YTD)

Tech stocks drag Indian shares lower; Infosys hits 8-month low

The NSE Nifty 50 index fell 1.89% to 17,142.50, as of 0445 GMT, while the S&P BSE Sensex slid 2.15% to 57,089.44

Should you bet on new-age tech stocks in a rising interest rate regime?

After a lull, a rebound in the market has lifted new-age technology stocks off their lows in the last one month. Is the magic returning to new-age tech stocks or it's a short-term euphoric overshoot?

TMS Ep150: Inflation, green hydrogen, new-age tech stocks, on-device wallet

Can consumers expect relief from further fuel price hike? Will green hydrogen fuel India's future? Should you bet on new-age tech stocks? What's on-device wallet for UPI transactions? All answers here

Infosys Q4 preview: Will high costs dent margin? What top brokerages expect

Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.

Wall St rises as investors buy beaten-down chipmakers, tech stocks

US business activity rises to eight-month high in March; Uber surges on deal to list all NYC taxis on its app

Sebi plans tougher pricing norms for startup IPOs amid share meltdown

Proposes disclosure of relevant KPIs made before pre-IPO investors

Wall Street lifted by tech stocks, upbeat earnings; Dow up 280 points

Megacap names such as Meta Platforms Inc, Google-owner Alphabet Inc, Tesla Inc and Microsoft were up between 1.2% and 2.5%

Earnings whiplash points to more volatility for the US markets

Many market participants hoped that earnings from the big, tech-focused stocks that have led markets for years would lend equities a modicum of support after January's sharp declines