Jensen Huang’s 33-year reign at Nvidia ended this week in scandal. But the story that matters to investors, entrepreneurs and the technology industry is how a $40,000 start-up that nearly went bankrupt... Read more »
Jensen Huang has resigned as Nvidia’s chief executive and left its board, ending 33 years at the top of the company that powers the AI boom. Chief financial officer Colette Kress takes... Read more »
For three years, India’s defence stocks rallied on order wins and big targets. Thursday’s results from Bharat Dynamics and HAL show the industry has entered a new phase: turning those orders into... Read more »
Hindustan Copper’s profit jumped 179% in the September quarter as copper prices soared. Revenue rose 64%, but costs rose just 8%, so most of the extra money fell straight to profit. The... Read more »
Update, 12 November: Jensen Huang has resigned as Nvidia’s CEO. Read the latest here Nvidia shareholders are paying a price: its shares fell about 7% before the US market opened, extending a week... Read more »
India’s largest tyre maker grew sales by 17% in the September quarter, but its profit fell 23%. MRF has a demand problem most companies would envy: it has plenty of demand. Its... Read more »
Gold slipped below $4,000 an ounce in global markets on Thursday, and Indian prices fell with it. Anyone who bought on Dhanteras last week is now sitting on a loss of around... Read more »
MSCI has added LIC, Coforge, Adani Green Energy and Meesho to its India Standard Index and removed PI Industries.India’s weight in the emerging markets benchmark is rising, which means more passive money... Read more »
Anthropic, the maker of the Claude AI models, has set a price range for its Nasdaq listing that values the company at roughly $1 trillion to $1.4 trillion. That’s well below the... Read more »
For years, Bitcoin miners competed for one thing: cheap power to run their machines. That power has turned out to be the scarcest resource in the AI boom. Now the miners are... Read more »