AI-Led Tech Craze Leaves Mega Indian Software Stocks in the Dust

-- Shares of India’s vaunted IT outsourcing firms are facing a reality check, as global investors’ rush into the artificial intelligence theme starts to leave pricey old-economy tech stocks behind.Dow Average Touches 40,000 Before Pulling Back: Markets Wrap

Meanwhile software and internet majors such as Microsoft Corp. and Alphabet Inc. have been investing billions to develop their own cloud offerings and large language models. The volatile geopolitical environment and uncertain macro outlook continue to weigh on client spending priorities. The IT sector may see further downgrades after sales missed expectations last quarter, according to Jefferies Financial Group Inc.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market today: Asian shares gain despite Wall Street's tech-led retreatAsian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Key inflation report, meme stock craze continues: Yahoo FinanceInvestors are digesting key inflation data this morning following the release of the April CPI report. Economists expected the report to show deceleration...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

AMC stock more than doubles amid meme craze as company completes $250 million share saleAMC completed a $250 million stock sale amid renewed interest in shares during Monday's trading session.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »