La cartera de pedidos contratados (backlog) de Google Cloud ronda los 514.000 millones de dólares. Su consejero delegado sostiene que la empresa renuncia a ingresos a corto plazo para respaldar el desarrollo de la IA de frontera.

El Nifty cede más de 130 puntos y la inquietud por la elevada inflación y la falta de liquidez se intensifica. El rendimiento del bono de referencia a 10 años alcanza su nivel más alto en tres años y medio.

Volvo Cars suprimirá 2.500 puestos de trabajo adicionales, después de haber anunciado ya un recorte de 3.000 empleos. La nueva reducción afectará a cerca del 6% de su plantilla. La compañía ha identificado además 5.000 millones de coronas suecas en costes que debe eliminar.

Industry sources said imports have remained subdued due to a lack of price parity. The extension is aimed at securing supplies whenever international prices ease enough to make imports viable., Industry, Times Now

Jio Platforms’ IPO has set a global record with over 1 crore applications, as subscriptions crossed six times the shares on offer., Markets, Times Now

The Indian rupee rebounded significantly against the US dollar, benefitting from dollar inflows linked to the Jio Platforms IPO, which raised $3.2 billion. , Economy, Times Now

L&T Technology Services reported a 4.8 per cent year-on-year increase in dollar revenue to $317 million for the second quarter. Jefferies is bullish on a valuation re-rating for Infosys and TCS.

The Centre has allocated 1.4 million tonnes of sugar sales quota to domestic mills for the second half of October, ahead of the festive season. Maharashtra, Uttar Pradesh and Karnataka received 83 per cent of that allocation. An additional 200,000 tonnes has been allocated to sugar importers. The Centre had earlier allocated 2.65 million tonnes for September and 3 million tonnes for October.

GIFT Nifty Futures indicated a flat start to the trading day and week as the spotlight remained on oil prices and geopolitical developments., Markets, Times Now