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HCLTech Q4 Preview: Software business seasonality may drag constant currency growth; Guidance key
Management has indicated that artificial intelligence could lead to 2%-3% gross deflation, but expects this to be offset by higher volumes and increased deal share.
Can the risk-on rally reboot software stocks? By Investing.com - Investing.com India
Can the risk-on rally reboot software stocks? By Investing.comInvesting.com India
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers - Mint
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainersMint
Top Gainers & Losers on April 16: GMDC, Netweb Tech, Adani Power, Sonata Software, YES Bank among top gainers
On April 16, the Indian stock market closed with modest losses after a recent rally. The Nifty 50 fell 0.18% while the Sensex dropped 0.21%. Broader markets showed gains, indicating a bullish tone, amid improving sentiment from potential US-Iran negotiations.
Midcap IT stocks see gains of up to 14% led by Firstsource, Sonata Software
Firstsource Solutions led the pack, surging 14% — its biggest single-day gain since December 2020. Coforge rose 4%, while Mphasis advanced 2% during the session.
Is a college education still worth it in India?
India must confront the impact of AI on jobs due to its large youth population, reliance on software services, and an oversupply of graduates. Entry-level roles are under threat as AI improves coding and automation, while the wage advantage of a college degree has been shrinking since 2011.
Nvidia launches open-source ‘Ising’ AI models to tackle quantum computing bottlenecks
Firms such as IBM, Google and Microsoft are building quantum hardware and software stacks, while startups like IonQ are focused on specialised systems. However, all players face a common challenge — making quantum computers stable enough for real-world use.
Nodwin Gaming eyes IPO momentum, inducts Manish Agarwal to board
Agarwal had steered Nazara through its 2021 listing. Nodwin, backed by the likes of South Korean gaming software developer Krafton Inc and Japan's Sony Group Corp, is working on a pre-IPO fundraise, where it aims to secure capital from new and existing investors.
How Oracle’s huge AI build-out is causing a cash crunch and layoffs
Once a cash-generating software stalwart, Oracle has transformed into a debt-heavy infrastructure builder. The strain is showing.
Guidewire Software stock hits 52-week low at $120.01 By Investing.com - Investing.com India
Guidewire Software stock hits 52-week low at $120.01 By Investing.comInvesting.com India
S&P 500 gained for seventh straight day on Thursday but this segment sold-off again
The iShares Expanded Tech-Software Sector ETF (IGV) fell 4%, closing at the lowest level since 2023. The ETF has extended its year-to-date losses to 27%. Another index related to software-as-a-service (SaaS) companies declined nearly 5%, extending its decline for the week to 9% and a year-to-date drop to nearly 40%.
'Mythos' Disruption: Cloudflare, Palantir Lead Up To 12% Software Rout As Anthropic Shifts AI Stakes
Software stocks plunge on Anthropic AI threat.