US equity markets, which began 2026 on a constructive note, extending the positive momentum established through the back half of last year, have lost momentum in February, with many tech stocks bleeding heavily on Wall Street. The emergence of the latest and more advanced tools, especially from startups like Anthropic’s Claude Code, has led the…
All the shares of the index closed in the red. Infosys shares fell the most by 7.5 percent, making it the top loser of the day. Shares of sector giant Tata Consultancy Services declined by about 6 percent. At the same time, shares of HCL Technologies fell by 5.5 percent. Shares of Wipro and Tech…
Infosys, Tata Consultancy Services, Wipro, HCL Technologies and other IT stocks are likely to remain under pressure on Friday after witnessing a sharp sell-off in the previous session. Concerns around Artificial Intelligence (AI)-led disruption and weak sentiment across global technology stocks continue to weigh on the sector. The Nifty IT Index plunged 5.5% in the…
The US stock market opened Wednesday’s session on February 4 mixed, as investors looked for direction following a tech rout on Tuesday that wiped out billions of investors’ wealth on Wall Street. After a 1.55% decline in the previous session, the tech-heavy Nasdaq Composite fell 0.4% to 25,145 level, while the S&P 500 and the…
A lot of stocks have gone almost straight up. The reason is simple: the world is changing fast. It feels like every day someone says, “Did you see that stock? It’s gone straight up.” They’re not wrong. Roughly 18% of S&P 500 stocks were up at least 10% for the year as of Friday morning,…
