Core Viewpoint - Shares of Indian IT exporters fell by 6% on Wednesday, influenced by declines in global software stocks and concerns over AI-driven disruption in the data and professional services industry following the launch of new tools by AI developer Anthropic [1] Group 1 - Indian IT exporters experienced a significant drop in share prices, reflecting broader market trends in the software sector [1] - The decline was triggered by the introduction of new AI tools by Anthropic, raising fears about potential disruptions in the industry [1] - The market reaction indicates heightened sensitivity to advancements in AI technology and its implications for traditional data and professional services [1]

Core Insights - Boeing plans to start delivering enhanced 787-9 and 787-10 Dreamliners to airlines in the first half of this year, which will allow for longer flights or increased cargo capacity [1] Group 1 - The improved 787-9 and 787-10 models are expected to provide airlines with the ability to operate longer routes or carry more cargo [1] - A senior executive from Boeing confirmed the timeline for these deliveries during a recent announcement [1]

Core Viewpoint - Nvidia's H200 AI chip sales to China are currently stalled due to a pending U.S. national security review, despite President Donald Trump's approval for exports nearly two months ago [1] Group 1 - The approval for Nvidia's H200 AI chip exports to China was granted by President Trump, but the sales remain in limbo [1] - The delay in sales is attributed to a national security review by the U.S. government [1]

Core Viewpoint - Nintendo shares experienced a 10% decline as investors expressed concerns regarding the momentum for its upcoming Switch 2 gaming device [1] Company Summary - The decline in Nintendo's stock price indicates investor anxiety about the future performance and market reception of the Switch 2 [1] Industry Summary - The gaming industry is facing scrutiny as new product launches are critical for maintaining growth and investor confidence, particularly for established companies like Nintendo [1]

Oil prices extended gains on Wednesday after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel in the Strait of Hormuz, rekindling fears of an escalation in ... ...

Core Insights - Boeing plans to conduct the first flight of its production 777X in April, indicating significant progress for the long-delayed aircraft program [1] Group 1 - The 777X program has faced delays, and the upcoming flight is a crucial milestone for Boeing [1] - The production 777X is expected to play a vital role in Boeing's future aircraft offerings [1]

Core Viewpoint - The United States has returned $500 million to the Venezuelan government from an oil sale deal reached last month [1] Group 1 - The amount returned to Venezuela is part of an agreement between Caracas and Washington [1]

Core Viewpoint - A consortium led by KKR and Singapore Telecommunications is acquiring the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion (approximately $5.2 billion), indicating a significant investment in the data center sector in Singapore [1] Group 1: Acquisition Details - The total cash payment for the acquisition is S$6.6 billion, which translates to $5.2 billion [1] - The acquisition will result in the consortium owning 100% of ST Telemedia Global Data Centres [1] Group 2: Valuation and Market Impact - The deal values ST Telemedia Global Data Centres at a substantial amount, reflecting the growing demand for data center services in the region [1] - This acquisition is part of a broader trend of increasing investments in digital infrastructure, particularly in Asia [1]

Nvidia is nearing a deal to invest $20 billion in OpenAI as part of its latest funding round, Bloomberg News reported citing people familiar with the matter. ...

Apple TV will debut "Matchbox The Movie†in October, betting that Mattel's workingclass car toys — tiny enough to slip into matchboxes — can spark a fresh franchise in a thriller about a framed soldi... ...