Tech stocks are falling & Jio embraces AI
and more...
Happy Tuesday!
If Monday was a warm-up, today we get serious, especially for tech stocks, which are tumbling like Jenga blocks. But don’t worry, Jio’s here with a plot twist, making AI and cloud computing more affordable than ever. 🚀
Now, let’s dive into the biggest headlines of the day, because the markets won’t wait, and neither should you.👇
📌 Top Headlines of the Day
Jio just made AI & cloud computing dirt cheapReliance Jio is set to make AI and cloud computing more affordable in India with JioBrain and a Cloud PC.
JioBrain, a “machine learning as a service” platform, will help businesses adopt AI without costly infrastructure.
The Cloud PC offers high-performance computing via the cloud, eliminating the need for powerful local devices. Jio also aims to scale its JioTele OS and drive AI adoption nationwide.
Railway stocks climb up to 5%Railway stocks surged up to 5% on Tuesday after IRCTC and IRFC were granted Navratna status, joining five other listed railway PSUs.
The Navratna status reflects strong financials and government backing, further elevating Indian Railways' market position.This upgrade boosted investor sentiment, with RVNL rising 4.85% and IRCON gaining 4.09%. IRFC, RailTel, RITES, and Concor also saw gains.
Analysts have mixed ratings on these stocks, with IDBI Capital maintaining a 'buy' on IRCTC and a 'sell' on RVNL.
Why are tech stocks falling today?US tech stock selloff – The Nasdaq Composite dropped 2.64%, with Nvidia falling 8%, alongside declines in Broadcom and Super Micro Computer.
US tariff war – New US tariffs on Chinese imports (10-20%) may trigger inflation, leading to reduced discretionary spending, affecting Indian IT firms.
Slow IT sector recovery – Kotak Institutional Equities revised growth estimates down due to weaker discretionary spending and uneven sectoral recovery.
AI disruption – GenAI adoption poses risks to incumbents, impacting revenue growth and investor sentiment.
Hawkish fed risks – Inflation concerns may push the Fed toward tighter policies, potentially causing a market correction.
📌 Startup News
PwC India launches its first-ever startup accelerator programmePwC India has launched its first startup accelerator, the Emerging Tech Startup Challenge, to support 15 Indian startups in AI, blockchain, space tech, and more.
The three-month program offers tailored mentorship, 25 hours of pro-bono consulting, and industry connections to help startups refine products and expand market reach.
PwC experts will guide startups in management, funding, and go-to-market strategies. Chairperson Sanjeev Krishan emphasized its role in strengthening India's tech ecosystem and driving economic growth.
This startup is bringing a new standard in fertility careBengaluru-based fertility startup Arva Health raised $1 million in a pre-seed round led by All In Capital, with participation from iSeed, Bharath Founders Fund, and Galaxy.
Founded by Dipalie Bajaj and Nidhi Panchmal, Arva aims to make fertility care affordable, accessible, and stigma-free by integrating expert services, diagnostics, and personalized support.
Its first clinic in Whitefield, Bengaluru, offers at-home testing, IVF, and egg freezing.
With plans to expand to 10 locations by 2027, including Mumbai and Delhi, Arva is also developing a digital fertility platform and introducing men’s fertility services. The startup has supported 4,000+ women and built a 40,000-member community.
📌 Global News
You can now talk to Google Gemini from your iPhone’s lock screenIt can be done via a new widget, allowing real-time voice interactions through Gemini Live.
As Apple’s AI-enabled Siri faces delays until 2027, competitors like Google and OpenAI are stepping in with AI assistants.
The updated Gemini app also includes widgets for taking pictures, setting reminders, and text chats.
Additionally, starting in March, Android users with a $20/month Gemini Advanced plan can use Gemini to analyze video and onscreen content in real time, a feature stemming from Google DeepMind’s Project Astra.
Bitcoin is back below $87,000The crypto market's brief surge following Donald Trump’s Sunday social media post has mostly faded.
Bitcoin (BTC) is now at $86,700, barely above pre-announcement levels, while Ether (ETH) has dipped below its previous mark, with the ETH/BTC ratio hitting a five-year low.
Other Trump-mentioned tokens like Solana (SOL), Ripple (XRP), and Cardano (ADA) have lost most of their gains.
Crypto stocks have also declined, with Core Scientific (CORZ) and Bitdeer (BTDR) posting significant losses.
📌 Now, Bolly News
How is 'Dragon' performing in the Box Office?Pradeep Ranganathan’s Dragon, directed by Ashwath Marimuthu, has crossed ₹100 crore worldwide in just 10 days despite mixed reviews.
Released on February 21, the coming-of-age comedy has drawn audiences to theatres, marking Marimuthu’s first ₹100 crore film.
Box office highlights:
🔹 Opening Day (India): ₹6.5 crore
🔹 First Week (India Net): ₹50.3 crore
🔹 Total India Net (10 Days): ₹72.5 crore
🔹 Worldwide Gross (10 Days): ₹100 crore+
Industry tracker Sacnilk reported that the film neared ₹95 crore worldwide in 9 days, with multiplex earnings pushing it past ₹100 crore.
Chhava box office collection day 18Vicky Kaushal’s Chhaava continues its strong box office run, nearing the Rs 500 crore mark.
After collecting Rs 219.25 crore in its opening week and Rs 180.25 crore in the second, the historical epic has slowed in its third week but remains profitable.
It earned Rs 67.75 crore so far in its third week, bringing its total to Rs 467.25 crore.
But recently a controversy has started surrounding the film...Amidst its success, a political controversy erupted in Maharashtra’s legislature. SP legislator Abu Azmi praised Aurangzeb as a “great administrator,” sparking backlash.
Deputy CM Eknath Shinde condemned Azmi’s remarks, calling for sedition charges and emphasizing Sambhaji Maharaj’s patriotism.
He urged people to watch Chhaava to witness Sambhaji’s bravery and Aurangzeb’s cruelty.
So, that’s it for today. If you enjoyed this edition, subscribe to hear from us every day!
See ya 👋
