(RTTNews) - Indian shares ended a choppy session little changed on Wednesday as fears over AI-led disruption countered investor optimism surrounding the U.S.-India trade deal. IT stocks succumbed to heavy selling pressure on fears over artificial intelligence effecting future business growth. Anthropic, the AI developer known for its Claude chatbot, rolled out new legal tools for its Cowork produc...
(RTTNews) - Indian shares ended a choppy session little changed on Wednesday as fears over AI-led disruption countered investor optimism surrounding the U.S.-India trade deal. IT stocks succumbed to heavy selling pressure on fears over artificial intelligence effecting future business growth. Anthropic, the AI developer known for its Claude chatbot, rolled out new legal tools for its Cowork product, leading investors worldwide to cut exposure to traditional IT services. Escalating geopolitical tensions between the U.S. and Iran also added to the caution after the previous session's strong rally triggered by the announcement of the India-U.S. trade deal. The benchmark BSE Sensex swung between gains and losses before ending the session up 78.56 points, or 0.09 percent, at 83,817.69. The broader NSE Nifty index rose 48.45 points, or 0.19 percent, to 25,776. The BSE mid-cap and small-cap indexes gained 0.6 percent and half a percent, respectively. The market breadth was strong on the BSE, with 2,708 shares rising while 1,497 shares declined and 161 shares closed unchanged. Software stocks such as Tech Mahindra, HCL Technologies, TCS and Infosys slumped 4-7 percent after the new Anthropic AI launch. On the positive side, Eternal and Trent both rallied over 5 percent while Titan Company, Maruti Suzuki India, Power Grid Corp, Adani Ports and NTPC all surged around 2 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Bitcoin is the world's largest cryptocurrency, but it isn't immune to the extreme volatility that plagues all crypto. The cryptocurrency has suffered two declines of more than 70% during the past decade alone, and a third might be in progress right now. Investors who think Bitcoin will recover from its recent downturn have history on their side, but it's important to be cautious. 10 sto...
Key Points Bitcoin is the world's largest cryptocurrency, but it isn't immune to the extreme volatility that plagues all crypto. The cryptocurrency has suffered two declines of more than 70% during the past decade alone, and a third might be in progress right now. Investors who think Bitcoin will recover from its recent downturn have history on their side, but it's important to be cautious. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) is the world's largest cryptocurrency. In fact, its $1.6 trillion market capitalization accounts for more than half the value of the entire industry, which is about $2.7 trillion as I write this. Bitcoin hit a record high of more than $126,000 last October, but it has since suffered a brutal decline of roughly 40% as investors cash in gains, and slash their exposure to highly speculative assets amid rising economic and political upheaval. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » However, volatility has been a normal part of the Bitcoin investing experience since it was established in 2009. The cryptocurrency has suffered two peak-to-trough crashes of at least 70% during the past 10 years alone, and yet it recovered to make a new record high on both occasions. With that in mind, should investors use the latest dip as a buying opportunity? The case for owning Bitcoin Bitcoin is a unique asset. It can't be controlled by any person, company, or government because it's fully decentralized, and it has a capped supply of 21 million coins, which creates the perception of scarcity. It is also built on a highly secure, transparent system of record called the blockchain, and transparency is a confidence booster for investors. But despite launching 17 years ago, Bitcoin continues to struggle with its identity. Some investors feel it has the potential to transform the entire financial system, while others believe it's a legitimate store of...
Illustration of food items placed on the belt of a cash register in a Leclerc supermarket in Valence, France, April 4, 2025. Nicolas Guyonnet | Afp | Getty Images Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday. Economists polled by Reuters had expected the inflation rate to dip to 1.7%, down from 2% in December. Core inflation, which excl...
Illustration of food items placed on the belt of a cash register in a Leclerc supermarket in Valence, France, April 4, 2025. Nicolas Guyonnet | Afp | Getty Images Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday. Economists polled by Reuters had expected the inflation rate to dip to 1.7%, down from 2% in December. Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, stood at 2.2% in January, a touch down from the 2.3% seen in the year to December. The latest data shows the key inflation rate has now dipped below the European Central Bank's 2% target, meaning that the central bank is likely to steer clear of any more rate cuts for the foreseeable future. The central bank next meets on Thursday, and is expected to hold its benchmark interest rate at 2%. This is a breaking news story, please check for further updates.
Apple Inc. (NASDAQ:AAPL) reported impressive sales growth in the fourth quarter of 2025, even as overall U.S. smartphone sales increased by only 1% year-over-year (Y/Y). Weak low-end and premium Android sales held back overall growth. Apple’s Record Sales Push Market Share to 69% Apple achieved its best sales quarter, expanding its market share to 69%, while Motorola rose to the #1 spot in the sub...
Apple Inc. (NASDAQ:AAPL) reported impressive sales growth in the fourth quarter of 2025, even as overall U.S. smartphone sales increased by only 1% year-over-year (Y/Y). Weak low-end and premium Android sales held back overall growth. Apple’s Record Sales Push Market Share to 69% Apple achieved its best sales quarter, expanding its market share to 69%, while Motorola rose to the #1 spot in the sub-$300 category with its new Moto G 2026 series devices, according to Counterpoint Research. Apple’s market share reached 69% in the fourth quarter of 2025, up from 65% in the previous year, driven by strong sales of its iPhone 16e and 17 models in the mid-range and premium segments, the report noted. AT&T had its highest share of Apple sales to date at 89%, while T-Mobile and Verizon both saw Apple share increases compared to the fourth quarter of 2024. The iPhone 17 Pro Max was the top seller in all three channels. “Premium devices are generally the major driving factor of sales in Q4 due to the heavy emphasis on postpaid deals,” said Maurice Klaehne, senior research analyst at Counterpoint. “Apple was able to benefit from these deals, as many offers were targeted toward iPhone and iOS device bundles.” The mid-range price band ($300-$600) grew by 27% Y/Y, driven by consumers opting for more affordable devices due to macroeconomic conditions. Sub-$300 Market Struggles Amid Supply and Demand Issues The sub-$300 price segment declined by 7% Y/Y, driven by weak demand and consolidation in low-end smartphones. However, Motorola surged ahead of Samsung in this segment, bolstered by the launches of the Moto G Play 2026 and Moto G 5G 2026. The report warned that surging memory prices in 2026 could sharply pressure low-cost smartphone makers, with bills of materials expected to rise by at least 15% over the next two quarters. The impact is likely to be most severe in the sub-$300 segment, where margins are already thin, raising the risk of further industry consolidation and forcing...
Australian Droid + Robot partners with Intel to enable ‘edge computing’ for underground mining Posted on 4 Feb 2026 Australian Droid + Robot (ADR) says it is removing the ‘risk human safety to gather data’ trade-off that exists in deep underground mining operations with the announcement of a strategic collaboration with Intel Corporation, combining its rugged robotics platform with Intel’s world-c...
Australian Droid + Robot partners with Intel to enable ‘edge computing’ for underground mining Posted on 4 Feb 2026 Australian Droid + Robot (ADR) says it is removing the ‘risk human safety to gather data’ trade-off that exists in deep underground mining operations with the announcement of a strategic collaboration with Intel Corporation, combining its rugged robotics platform with Intel’s world-class edge computing capabilities to keep people out of harm’s way. The Explora XL is not just a remote-controlled car; it is an autonomous data centre on wheels, according to ADR. Operating deep underground often means operating without a reliable cloud connection. This is where Intel’s technology changes the game, ADR says. By integrating Intel® Xeon® processors and Intel Core™ Ultra processors directly onboard robots, ADR is enabling “Edge Computing”. The robot doesn’t just collect data – it analyses 3D LiDAR scans, thermal imaging and gas levels in real-time in the mine. “Intel has technologies and they have the ideas,” Bhupesh Agrawal, GM, Enterprise Edge at Intel, says. “The use case is very interesting because the robot is going in the mine…and the data is being analysed using that Intel Xeon power. It allows enterprises to analyse data at the edge and make real-time decisions.” ADR CTO, Mathew Allan, added: “If people don’t need to be in hazardous environments, they shouldn’t be.” With this new capability, the Explora XL can traverse mud, water and uneven terrain to inspect blast zones and unstable shafts. The company says: “If equipment is lost, the cost is financial. If a human is lost, the cost is immeasurable. This partnership ensures that human safety is never compromised for the sake of data.”
Feb 4 (Reuters) – Advanced Micro Devices shares fell over 6% in early Frankfurt trading on Wednesday after the company forecast a slight decline in quarterly revenue, raising concerns about whether it can effectively challenge Nvidia in the booming AI market. The stock ended Tuesday’s regular session down 1.7%. The shares have risen 13.1% so far this year (Reporting by Danilo Masoni...
Feb 4 (Reuters) – Advanced Micro Devices shares fell over 6% in early Frankfurt trading on Wednesday after the company forecast a slight decline in quarterly revenue, raising concerns about whether it can effectively challenge Nvidia in the booming AI market. The stock ended Tuesday’s regular session down 1.7%. The shares have risen 13.1% so far this year (Reporting by Danilo Masoni; Editing by Amanda Cooper)
Joseph Pinto, CEO of M&G Asset Management, on AI, private credit, and reallocation of global capital. 'We've seen rebalancing', he says. 'Clients have decided to reallocate a bit more to Europe or to Asia'. Pinto speaks with Bloomberg's Guy Johnson, Anna Edwards and Tom Mackenzie on 'The Opening Trade'. (Source: Bloomberg)
Joseph Pinto, CEO of M&G Asset Management, on AI, private credit, and reallocation of global capital. 'We've seen rebalancing', he says. 'Clients have decided to reallocate a bit more to Europe or to Asia'. Pinto speaks with Bloomberg's Guy Johnson, Anna Edwards and Tom Mackenzie on 'The Opening Trade'. (Source: Bloomberg)