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Tech stocks slide continues, chip sector leads fall
Chip stocks have been in a slump, with the tech sector continuing its downward trend. Key indices like Nikkei are down over 3% amid broader market declines.
TCS shares jump 6% on expanded partnership with ABB
TCS reported a significant rally in its share price following an expansion of its long-standing partnership with ABB. This positive momentum is reflected across the broader Nifty IT sector, while technical charts suggest potential new entry points after previous fluctuations.
Tata Consultancy Services Slips Fifth Straight Session, Extends Losing Streak
Tata Consultancy Services shares have fallen for a fifth consecutive session, with two separate reports confirming the ongoing decline. The stock continues to lose ground, reflecting sustained selling pressure over the past week.
Meta's $18B settlement paves way for AI product launches
Meta's $18 billion social media settlement lifts a legal overhang that some analysts say could clear the way for a wave of new AI product launches. The tech giant went to trial in August after a lawsuit filed by 29 U.S. state attorneys general alleged that its platforms, Instagram and Facebook, had design features that posed harms to younger users.
American brands lose ground in China's market
China was once one of the most attractive and fastest-growing markets for many American brands. With its population of more than 1.4 billion people and massive opportunities for businesses, companies were racing to take advantage of the boon that China could offer. But in recent years, some consumer brands, including Nike, Starbucks and General Motors, have begun to see the tide turn.
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Tech Mahindra Ltd slips for fifth straight session
Story first reported.