On this episode of Two Sharp with ET, Nisha Poddar unpacks two main international shifts: IBM’s AI Reset: The tech large is slicing 8,000 jobs — not to save cash, however to rewire itself for an AI-first future. HR roles are being automated, and different main tech firms, equivalent to Meta, Google, Amazon, and Salesforce, are following swimsuit. Throughout sectors — from logistics to trend — firms are reconfiguring for a brand new period of automation, commerce friction, and financial uncertainty. Moreover, Indian markets suffered a pointy decline, with the Sensex down 625 factors and the Nifty dropping 175 factors. We break down the highest 5 causes behind the autumn, from revenue reserving and underwhelming earnings to weak international cues and a disappointing RBI dividend.
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