Rising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Despite aggressive spending, monetisation remains uncertain, prompting concerns over profitability. Analysts warn the AI sector may resemble capital-intensive industries, even as competition intensifies and early signs of financial strain emerge.
Swiggy, Eternal surge up to 7%. Should investors chase the rally?
Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy’s foreign ownership falling below 50% and optimism around quick commerce. Analysts