By Sai Ishwarbharath B and Haripriya Suresh BENGALURU, July 12 (Reuters) – Tata Consultancy Services is building a team of up to 8,900 forward-deployed engineers and hunting for AI acquisitions as it bets artificial intelligence will create new business rather than undermine outsourcing, two TCS executives told Reuters. The strategy emerges amid investor concern that…
The Middle East is once again at the center of global energy markets due to the renewed military confrontation involving Iran. Markets, however, should recognize that, unlike in previous crises, the world is entering this new phase with a significantly weaker strategic safety net. At present, crude oil prices still respond to headlines surrounding military…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Editor’s Note: This story has been updated to correct details related to Intel (INTC). When it comes to tracking the trading activity of members of Congress, former Speaker of the House Nancy Pelosi (D-Calif.) has been among the…
James Kihara, Principal Accounting Officer of Acadia Pharmaceuticals (NASDAQ:ACAD), disclosed the sale of 11,421 shares of common stock in an open-market transaction on June 26, 2026, according to the SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted average price ($26.08); post-transaction value based on June 26, 2026 market close…
Key Points Interested in Vertex Pharmaceuticals Incorporated? Here are five stocks we like better. Vertex Pharmaceuticals agreed to buy Crinetics Pharmaceuticals for $85 per share in cash, valuing the deal at about $10 billion equity value ($8.8 billion net of cash). Vertex says the acquisition is a strategic move to build an endocrinology franchise and…
Travis Hoium: Yeah, Jon, this seems like one of the things where AI doesn’t necessarily spill over to Main Street. When I take my kids to sports, AI is not something that generally comes up, but now it’s starting to spill into things that we spend money on. When you go to buy the next…
On July 6, Bitcoin dropped more than 2% after Strategy — a corporate buyer of Bitcoin — disclosed in a regulatory filing (1) that it had sold about $216 million worth of the cryptocurrency. That’s the second time this year the company has sold some of its Bitcoin reserves — a complete reversal of its…
In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious. After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded defeat. This was a hard-fought campaign which split the community, sparking much controversy across Colombia. While debate rages over De la Espriella’s policies and ascension to power,…
Retirees are turning to financial advisers, many for the first time, after navigating their saving years on their own. About a quarter of retirees who have never worked with a financial adviser are now on board, double the number from five years ago. “Retirees increasingly have lump sum savings from retirement plans that they need…
As much as U.S. President Donald Trump and Chinese Paramount Leader Xi Jinping work to ease historical tensions (1), our two nations remain locked in a perpetual neck-and-neck power struggle in a number of arenas (2), AI being chief among them. But, to some, it seems like China may be playing dirty when it comes…
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