Science and Tech

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%

By Vivek Kumar M and Abhirami G June 3 (Reuters) - India's information technology stocks were headed for their worst…

June 3, 2026

Global smartphone market faces record annual decline as chip crunch worsens

(Corrects Honor's expected shipment decrease in the final paragraph to 16%, not 20%, due to an error in original data)…

June 3, 2026

Exclusive-India's Tata taps China's Chery for premium EV push, sources say

By Aditi Shah NEW DELHI, June 3 (Reuters) - Tata Motors plans to license an automaking platform from China's Chery,…

June 3, 2026

Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says

By Echo Wang NEW YORK, June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's…

June 3, 2026

DeepSeek slated to draw $7 billion in maiden fundraising, sources say

June 3 (Reuters) - Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its…

June 3, 2026

Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says

By Echo Wang NEW YORK, June 2 (Reuters) - In a surprise move ahead of its investor roadshow, Elon Musk's…

June 3, 2026

Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says

By Echo Wang NEW YORK, June 2 (Reuters) - Elon Musk's SpaceX plans to price its initial public offering at…

June 3, 2026

Weight loss drugs linked to lower risk of knee replacement surgery

London (PA Media/dpa) - Weight loss medication may help some people reduce the need for a knee replacement, a new study…

June 3, 2026

Exclusive-SpaceX plans to raise $75 billion in IPO at $135 per share, source says

By Echo Wang NEW YORK, June 2 (Reuters) - SpaceX plans to raise $75 billion in its initial public offering…

June 3, 2026

GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback

June 2 (Reuters) - Videogame retailer GameStop posted a 14% rise in quarterly revenue on Tuesday, buoyed by strong collectibles…

June 3, 2026