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AI won’t kill India’s services economy, it will upgrade it: Vijay Shekhar Sharma
startupnews44d ago

AI won’t kill India’s services economy, it will upgrade it: Vijay Shekhar Sharma

When most of the conversation around artificial intelligence revolves around job losses and chatbot supremacy, Vijay Shekhar Sharma is making a different bet. In an interview, the Paytm founder argued that AI will not hollow out India’s services economy. Instead, it will expand it. “Those saying BPO jobs will disappear need to answer why they [...]

#TECH
HIA says federal budget should reset housing policy
timesnewsgroup44d ago

HIA says federal budget should reset housing policy

THE Housing Industry Association (HIA) is urging the federal government to use the coming 2026-27 budget as a reset on housing policy, warning Australia’s housing shortage was now a structural economic challenge. Last week, HIA managing director, Jocelyn Martin, said the association’s pre-budget submission outlined a suite of supply-side reforms across taxation, finance, infrastructure, planning, [...]Read More...The post HIA says federal budget should reset housing policy appeared first on Surf Coast Times.

#ECONOMY
What's Behind The Dip In Interactive Strength Stock?
benzinga44d ago

What's Behind The Dip In Interactive Strength Stock?

Shares of Interactive Strength (NASDAQ:TRNR) are tumbling on Friday following news that the company announced a significant 1-for-10 reverse stock split in an effort to regain compliance with Nasdaq listing requirements. This decision comes amid recent volatility and a prolonged dip in share price, exacerbated by adverse statements from competitor Sportstech.CEO Attributes Underperformance To Competitor StatementsIn a recent shareholder letter, CEO Trent Ward expressed disappointment over the necessity of the reverse split, attributing the stock’s underperformance partly to misleading statements from Sportstech. Despite these challenges, Ward remains optimistic about the company’s growth trajectory, particularly following the acquisition of Ergatta, a move expected to significantly boost Interactive Strength’s ...Full story available on Benzinga.com

#STOCKS
WT Asset Management Ltd Invests $7.12 Million in Tesla, Inc. $TSLA
thelincolnianonline44d ago

WT Asset Management Ltd Invests $7.12 Million in Tesla, Inc. $TSLA

WT Asset Management Ltd acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,000 shares of the electric vehicle producer’s stock, valued at approximately $7,116,000. Tesla makes up 0.3% of WT Asset Management [...]

#STOCKS
Why Is Kosmos Energy Stock Soaring Friday?
benzinga44d ago

Why Is Kosmos Energy Stock Soaring Friday?

Kosmos Energy (NYSE:KOS) shares are up Friday following the ratification of license extensions for key oil fields in Ghana. The news has buoyed investor sentiment as the company continues to expand its operational footprint in the region, while broader markets declined slightly from the previous trading day.License DetailsKosmos Energy said Ghana's parliament has ratified license extensions for the West Cape Three Points and Deepwater Tano agreements through 2040, a move expected to unlock up to $2 billion in incremental investment and boost domestic gas supply. Under the amended Jubilee development plan, up to 20 additional wells are planned to grow 2P reserves, with the 2026 five-well campaign already underway. The J75 well encountered approximately 40 meters of net pay and is expected to be online by the end of Q1.Internationally, the Greater Tortue Ahmeyim LNG project offshore Mauritania ...Full story available on Benzinga.com

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