2h ago
Nasdaq 100 futures slip as AI-linked stocks sell off, Nvidia drops over 2%
Nasdaq 100 futures fell in early trading on Monday, pressured by a selloff in AI-related stocks. Safety-focused calls from industry figures including Elon Musk and Sam Altman to pause AI model development weighed on sentiment. Nvidia slid more than 2% and Amazon fell 1%, while other chipmakers such as Intel, AMD and Marvell Technology also weakened. Analysts said the tech-sector pullback could influence the tone heading into the Federal Reserve’s upcoming rate decision.
2h ago
2h ago
CMI Ltd Q2FY26 net loss widens to ₹478.9 lakh as equity turns negative
CMI Limited posted a net loss of ₹478.9 lakh for the quarter ended September 30, 2025, widening from ₹128.5 lakh in the preceding quarter. The company’s total equity turned negative at ₹(15,260.8 lakh) as accumulated losses exceeded paidup capital. Auditors issued a disclaimer after saying they could not obtain sufficient evidence to verify key assets and liabilities while the company remains under the Corporate Insolvency Resolution Process (CIRP). The company continues to operate under the supervision of a resolution professional, with the board’s powers suspended.
2h ago
4h ago
Global stocks mostly fall as AI shares slide; SoftBank tumbles 10.7%
Global stocks mostly fell, led by declines in AI-related shares. SoftBank Group slid more than 10% after OpenAI CEO Sam Altman backed Anthropic CEO Dario Amodei’s weekend call for the AI industry to slow development to improve safety. Japan’s Nikkei 225 fell 0.8% and South Korea’s Kospi dropped 3.3%. Oil prices rose more than 2% after Saudi Arabia shut a key pipeline following an attack.
4h ago