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Tata Group to roll out ChatGPT Enterprise across companies, ‘accelerate AI-native transformation’
Tata Group teams up with OpenAI to deploy ChatGPT Enterprise and expand data center capabilities. TCS will utilize OpenAI’s Codex for software development, marking a significant step in AI integration and transformation within the organization.
Searching software for value as shares get pummeled. UBS found four stocks it likes
UBS highlights Microsoft, ServiceNow, Autodesk and HubSpot as likely to thrive despite 2026 software stock slumps and AI disruption, citing international earnings and positive revisions.
Stocks get tech boost amid strong economic reports
US stocks climbed as S&P 500 rose nearly 1 percent, driven by strong economic data and easing AI disruption fears. Oil jumped, tech and software stocks rebounded, and IPO activity slowed.
Goldman says these software stocks have 'moats' that can thwart AI disruption
Goldman Sachs highlights Snowflake, MongoDB, Shopify, and CrowdStrike as resilient software picks amid AI disruption fears, with Shopify and MongoDB showing strong analyst support for future gains.
S&P 500 edges higher as financial stocks offset software slump; AI fears linger
Wall Street rose as gains in Citigroup and JPMorgan offset losses in software stocks amid AI disruption fears. Investors await the Fed minutes.
Hexaware launches open RapidX platform, integrates with Replit to speed up AI-driven software development
Hexaware Technologies launched an open RapidX platform with Replit integration, boosting AI-driven enterprise software development. The Chennai Centre of Excellence supports global adoption.
Momentum Stocks: Dr Lal PathLabs, JHS Svendgaard, Dar Credit rally on sheer momentum
A few stocks saw sharp intraday moves and hit upper circuits. California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Sonata Software shares soar 19% amid NCLT nod for Encore IT merger
As part of the scheme, Encore IT Services, a wholly owned subsidiary of Sonata Software, will stand dissolved without undergoing the process of winding up
Infosys, TCS shares jump 6%; Nifty IT rallies again today as global software stocks extend AI-driven rebound
Global IT stocks are recovering from concerns earlier this year that artificial intelligence could disrupt technology business models. Optimism is growing that the artificial intelligence (AI) boom is leading to stronger demand for their products and services.
AI revival infuses life in Indian IT shares: Nifty IT jumps 8% in 3 days, Infosys up 10% as demand fears ease
The Nifty IT index has surged nearly 8 percent in 3 sessions as investors realise that the artificial intelligence (AI) boom could prove to be an opportunity rather than a threat. Concerns that AI could disrupt traditional software business models have begun to ease.
Hold Newgen Software Technologies: target of Rs 530: ICICI Securities
ICICI Securities recommended hold rating on Newgen Software Technologies with a target price of Rs 530 in its research report dated May 04, 2026.
Oracle Financial Services shares fall 2% as post-US parent's Q4 results
Oracle Financial Services Software shares were trading at Rs 9,262, down Rs 208 or 2.20 percent, at 1:51 pm on the NSE.