NEW YORK, March 17 (Reuters) – Investors are offloading software loans into debt vehicles at a discount, in the latest sign of pain in the software industry, which is being upended by AI. In recent weeks, several managers of collateralized loan obligations (CLOs) have started exploring ways to reduce their exposure to software, as they…
GREED & Fear Report: India stands at a fascinating crossroads. Artificial intelligence (AI) is widely viewed as a disruptive force, particularly for the country’s Rupee-heavy IT services sector, yet at the same time it is being embraced as a generational opportunity. According to the latest GREED & Fear report by Chris Wood, the mood in…
Technology stocks worldwide are experiencing sharp volatility amid concerns over rapid advancements in artificial intelligence (AI) and their potential impact on the broader IT sector. The Nifty IT index is down 20% so far in February, with stocks like TCS, Infosys, Tech Mahindra, HCL Tech, and Coforge falling 15-25%, amid concerns that AI may render…
This shift matters for the market. IT, at roughly 9% weight, remains the second-largest sector in the benchmark Nifty 50 index, while BFSI dominates with about 37% weight. In theory, BFSI’s expanding profit share and heavier index presence should have cushioned broader market weakness. In practice, however, IT’s slide has exerted an outsized drag on…
Downgrades reach 3.3 times upgrades in February Outlook for 2026 remains negative due to margin compression AI disruption risk to software companies monitored by Morningstar DBRS NEW YORK, Feb 23 (Reuters) – Quality in private credit has continued to worsen this year, according to rating agency Morningstar DBRS, as the proportion of downgrades reached a…
Nvidia to report fiscal Q4 results on Wednesday Other tech reports include Salesforce, Intuit, Dell Retailer results, State of the Union also in focus Supreme Court’s strike-down of Trump’s tariffs a background worry NEW YORK, – Investors turn to financial results from artificial intelligence bellwether Nvidia Corp in the coming week to steady a US…
International Monetary Fund Managing Director Kristalina Georgieva has warned that artificial intelligence and AI‑driven technological disruptions would severely hit India, impacting millions of young people who enter the country’s workforce each year. On a broader scale, Georgieva estimated that the rapid expansion of AI could affect around 40% of the global workforce, with entry‑level and…
Khosla, who cofounded Sun Microsystems and invented Java —once the world’s most used programming language—also pitched for India to build an “Aadhaar-like AI stack of public utilities,” stating that creating AI as a public-sector utility will help “truly democratize” the technology’s capabilities. “I’m proposing that every Indian can get a free doctor 24×7 because of…
IT Stocks: In the last one month, the IT sector has given investors sleepless nights. Many big IT stocks of the country have fallen by 15-20%. However, amid all this, on Tuesday Infosys announced a strategic partnership with AI research company Anthropic, after which the stock rose by about 3%. It is noteworthy that this…
Indian IT stocks have been under sustained pressure for the past four sessions, dragging benchmark indices lower amid concerns that artificial intelligence (AI) is likely to disrupt the labour-intensive domestic tech sector. The Nifty IT index plunged almost 1% on Monday, February 16, taking its four-day selloff to 9.4%. On a month-to-date basis, the index…
