The chip maker’s shares retreated as analysts questioned whether AI spending growth could sustain current valuations amid escalating inference expenses.
Category: Business
Bloom Energy Plunges 18.5% in Worst Single-Day Drop This Quarter
Shares in the hydrogen fuel-cell company tumbled sharply after analysts revised down demand projections for distributed energy systems.
ON Semiconductor Drops 26.8% After Analysts Cut Earnings Forecast Amid Auto Chip Slowdown
The semiconductor company suffered a steep decline after a brokerage downgrade cited weakening orders from automotive customers slowing their EV programmes.
American Airlines Advances 1.71% as Oil Price Slide Eases Fuel Cost Burden
Airline stocks broadly gained as crude prices fell below $75 a barrel improving the near-term profitability outlook for carriers.
Nokia Falls 6.9% After Disappointing Network Equipment Order Guidance
The Finnish telecommunications gear maker revised down its second-half order outlook citing slower-than-expected 5G rollout spending by major operators.
India Hosts 11th BRICS Energy Ministers’ Meeting Under ‘Energy for All’ Theme in Gurugram
India convened energy ministers from all 11 BRICS member states to advance cooperation on energy security renewable energy and sustainable development.
ONGC BP Sign Technical Services Contract for Western Offshore Basin Oil Exploration
The expanded collaboration agreement covers enhanced oil recovery research and digital drilling technologies in India’s prolific western offshore basin.
AI Agent Network Adoption Accelerates as Enterprise Platforms Replace Manual Workflows
Industry analysts noted that AI agents are now being used for repetitive business processes in advertising finance logistics and HR across Fortune 500 companies.
India Ranks First Among Lower-Middle Income Countries on AI Readiness as Global Benchmarks Rise
India’s AI readiness score advanced across all measured dimensions including talent digital infrastructure and government policy according to the latest index.
Apple Stock Rises 3.14% as Technology Selloff Eases and Rotation into Non-AI Names Broadens
Apple bucked the technology sector downtrend to post gains as investors favouring resilient earnings shifted away from pure-play AI names.