Budget 2026-27: Cloud giants cheer conditional tax-free ride to set up data centres in India | Technology News

Big tech companies and cloud hyperscalers welcomed the Finance Ministry’s Budget 2026-27 proposal to provide a tax holiday until 2047 for any foreign company looking to set up data centres…

Wall Street gains on tariff relief, strong GDP data

Major US stock indices opened higher on Thursday on cooling geopolitical tensions after President Donald Trump backed off from tariffs threat on European nations over Greenland acquisition. The market sentiments…

Data center REIT CEO Andy Power: Real estate not oversupplied

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals…

Wall Street week ahead: Focus on Q4 earnings, income & spending data, Trump speech at WEF amid Greenland dispute

The primary focus on Wall Street during the holiday-shortened week ahead will be on the fourth quarter financial results. United States equity markets are set to remain shut on Monday,…

US yields higher after data flurry

Weekly jobless claims stronger than expected Goolsbee says Fed should focus on inflation (Updates to afternoon US trading) NEW YORK, Jan 15 (Reuters) – U.S. Treasury yields were mostly higher…

Dow Jones, S&P 500, Nasdaq open mixed as US inflation data align market expectations — Details here

Dow Jones, S&P 500, and Nasdaq open mixed as US inflation data align with the market expectations. At 9:30 a.m. (IST) opening bell, the Dow Jones Industrial Average rose 0.05%…

Wall St Week Ahead-Venezuela events, jobs data set to jolt stocks as 2026 kicks off

(Adds Venezuela weekend events to SCHEDULED COLUMN issued on January 2) S&P 500 falls at year-end but finishes 2025 with 16% gain Employment data headlines economic reports in coming days…

‘The biggest threat to data centres is on-device AI,’ says Perplexity CEO Aravind Srinivas | Technology News

Tech giants such as Google, Meta, Microsoft, OpenAI and Perplexity are pouring billions of dollars into data centres, with analysts predicting that total spending could swell to nearly $1 trillion…

Canadian dollar steadies after mixed retail sales data

Loonie trades in a range of 1.3756 to ‍1.3801. For the week, the loonie was little changed Retail sales fall 0.2% in October Bond yields rise across a steeper curve…

Billionaire real estate developer waves red flag over data centers

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals…