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BusinessPhoto: ET MarketsUS AI-related stocks, including CoreWeave and Dell Technologies, fell sharply by up to 16%, wiping out around $80 billion in market value due to rising inflation and fears of higher interest rates. Investors worry about borrowing challenges for less profitable firms despite strong gains by Nvidia and Microsoft, recalling caution from the dot-com bubble era.
ET Markets·
PoliticsPhoto: Deccan HeraldKarnataka added nine more taluks to its drought-affected list, raising the total to 226 out of 240 taluks. Newly affected areas include Sakleshpur, Khanapur, Hosanagara, Sagara, Puttur, Moodbidri, Mulki, Joida, and Dandeli. Deputy CM G Parameshwara said the government is preparing a final memorandum on drought losses, expected within a week, to calculate relief under NDRF guidelines.
Deccan Herald··Karnataka
PoliticsPhoto: HT WorldA self-styled investigator, Jonathan Lee Riches, questioned whether Tommaso Cioni, Nancy Guthrie's son-in-law, was removed from a Donald Trump rally. This arose amid the ongoing search for 84-year-old Nancy Guthrie, missing since February 1. Riches also claimed the Guthrie family was panicking, though these claims lack independent verification and official family response. Cioni has faced public scrutiny as one of the last to see Nancy before her disappearance.
HT World·
WorldPhoto: NDTV BusinessAir France has confirmed compliance with new Israeli rules restricting flight crew members of certain nationalities, mainly from 31 countries including Pakistan, Iran, Oman, Saudi Arabia, Algeria, Tunisia, and Niger, from operating flights to Israel. This follows an alleged hijacking attempt on a Flydubai flight from Dubai to Tel Aviv on September 30, involving an Omani co-pilot. Air France stated it follows entry regulations set by countries it serves.
NDTV Business·
PoliticsPhoto: Deccan HeraldAround 100 police officers surrounded a small group of protesters at Bengaluru's Freedom Park during a demonstration against police excesses and the SIR project. Protesters, including student Janani, criticized the heavy police presence and filming, calling it dystopian. The protest was organized by AISA and Cockroach Janata Party, with police stating safety protocols were followed. The event also saw many police and empty BMTC buses nearby.
Deccan Herald··Bengaluru
PoliticsPhoto: Aaj TakShraddha Dubey, wanted with a 25,000 rupee reward in the death case of businessman Shiva Sharma in Lucknow, released a video claiming that Shiva Sharma committed suicide rather than being murdered. She expressed her willingness to give a statement to the police regarding the matter.
Aaj Tak··Lucknow
ET Markets·
Photo: ET MarketsUS AI-related stocks, including CoreWeave and Dell Technologies, fell sharply by up to 16%, wiping out around $80 billion in market value due to rising inflation and fears of higher interest rates. Investors worry about borrowing challenges for less profitable firms despite strong gains by Nvidia and Microsoft, recalling caution from the dot-com bubble era.
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