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Why Infosys, TCS and Tech Mahindra Shares Are Falling Today
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Why Infosys, TCS and Tech Mahindra Shares Are Falling Today

Indian information technology stocks opened lower on Friday as negative global cues from Wall Street weighed heavily on investor sentiment. The sector came under selling pressure after disappointing market reactions to the latest quarterly earnings from Alphabet and Tesla, sparking concerns that technology companies are spending aggressively on artificial intelligence without delivering sufficient returns. The...

Tesla Plunges 14%, Alphabet Falls 7% as AI Spending Worries Wall Street
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Tesla Plunges 14%, Alphabet Falls 7% as AI Spending Worries Wall Street

Wall Street’s enthusiasm for artificial intelligence (AI) took a hit after Tesla and Alphabet reported quarterly earnings, triggering a sharp sell-off in technology stocks. Tesla shares plunged around 14%, while Alphabet dropped nearly 7%, as investors shifted focus from AI-driven growth to concerns over rising costs, shrinking margins, and weaker cash flow. The market reaction...