Big tech’s planned $600 billion AI spending surge in 2026 is fueling investor unease, impacting shares of Amazon and Alphabet. While Nvidia and Microsoft saw gains, data analytics firms like Thomson Reuters and RELX faced significant selling pressure due to existential threats from AI models.
SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%
SBI Q3 Results: India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit