Business
Getting the ‘balanced dairy’ category off the ground
Business
ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger
In addition to BNP Paribas, several other investors were active on the buy side. QE Securities LLP acquired 3.4 lakh shares at Rs 779.23 per share, while NK Securities Research Private Limited picked up a similar quantity at Rs 777.94 per share, translating into deals worth around Rs 26 crore. HRTI Private Limited purchased 4.55 lakh shares at Rs 776.98 apiece, and Junomoneta Finsol Private Limited bought 3.49 lakh shares at Rs 780.2 per share.
The bulk deals were executed within a narrow price band of Rs 776 – Rs 783 per share, indicating strong demand for the stock at current levels. The concentrated buying activity highlights growing investor interest in the company, particularly amid increasing focus on defence and drone-related businesses.
Following the bulk deal activity, the stock saw strong traction in the market, reflecting positive sentiment around the counter.
Ideaforge Technology shares ended at Rs 804.10, up by Rs 73.10 or 10% over the Monday closing price.
Shares of ideaForge have given multibagger returns of 111% over a one-year period compared to negative 1% returns by Nifty and negative 4% by the BSE Sensex.
The stock is currently trading above its 50-day and 200-day simple moving average (SMA) of Rs 457 and Rs 468, respectively, according to Trendlyne data.Also read: Adani Ports, Tata Motors and Siemens Energy witness block deal action on Monday
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
Business
In AI We Trust: Why Spending Is So Buoyant
In AI We Trust: Why Spending Is So Buoyant
Business
Alphabet Stock Rises as Google Cloud AI Boom Fuels Optimism in 2026
NEW YORK — Alphabet Inc. Class C shares (NASDAQ: GOOG) climbed 1.21% to $384.23 in morning trading Tuesday, May 5, extending gains from a strong first-quarter earnings report that highlighted accelerating Google Cloud growth and the company’s deepening push into artificial intelligence.

The modest advance comes days after Alphabet’s April 29 earnings release, which showed consolidated revenue rising 22% to $109.9 billion and net income surging 81% to $62.6 billion. Adjusted earnings per share reached $5.11, far exceeding expectations and sending the stock to fresh all-time highs last week.
Google Cloud delivered standout performance, with revenue jumping 63% to $20 billion — the first time the segment crossed that threshold. The cloud backlog nearly doubled sequentially to more than $460 billion, driven by enterprise AI solutions and infrastructure demand. CEO Sundar Pichai highlighted that AI is now the primary growth driver across the business.
AI Momentum Powers Results
Alphabet’s full-stack AI approach — spanning models like Gemini, custom TPUs, and enterprise tools — is paying dividends. Google Search revenue grew 19% to $60.4 billion, with AI-enhanced experiences boosting user engagement. YouTube and subscriptions also contributed strongly, while Waymo’s autonomous driving progress and investments in Anthropic added to non-operating gains.
The company raised its 2026 capital expenditure guidance significantly, signaling aggressive investment in AI infrastructure. Analysts project even higher spending in 2027 as demand for data centers and specialized chips continues to accelerate.
Wall Street Reaction Remains Bullish
Following the earnings beat, multiple firms raised price targets. Goldman Sachs, Needham, Scotiabank, Roth Capital and others lifted targets into the $400–$450 range, citing strong AI positioning and cloud acceleration. Consensus remains firmly in Buy territory, with many viewing Alphabet as attractively valued relative to its growth prospects despite trading near highs.
The stock has been one of the top performers among major technology names in recent months, benefiting from a combination of resilient advertising, cloud strength and AI leadership. Year-to-date gains reflect growing investor confidence that Google is not only keeping pace but gaining ground in the generative AI race.
Challenges and Risks
Regulatory scrutiny remains a factor. Ongoing antitrust cases and potential advertising changes continue to loom, though investors appear to be pricing in Alphabet’s ability to navigate these hurdles. Competition from OpenAI, Anthropic, Microsoft and others is intense, yet Google’s massive user base and infrastructure scale provide significant advantages.
Broader market dynamics also influence the stock. Easing geopolitical tensions around the Strait of Hormuz and anticipation of further corporate earnings have supported technology shares broadly. However, any slowdown in AI spending or macroeconomic shifts could pressure valuations.
Long-Term Outlook
Alphabet’s diversified portfolio — Search, YouTube, Cloud, Waymo and emerging bets — positions it well for continued growth. The company maintains a fortress balance sheet with substantial cash reserves, enabling both heavy investment and shareholder returns through dividends and buybacks. A recent 5% dividend increase underscores confidence in future cash flow.
Analysts project sustained double-digit revenue growth, with cloud and AI segments leading the way. Successful execution on Gemini advancements, autonomous driving milestones and enterprise adoption could drive further upside. Some forecasts see the stock reaching $450 or higher within 12 months if current momentum holds.
Investor Considerations
Tuesday’s modest gain reflects digestion after last week’s sharp post-earnings move. For long-term investors, Alphabet offers exposure to multiple secular tailwinds: digital advertising, cloud computing and artificial intelligence. Its scale, data advantage and engineering talent create wide competitive moats.
Short-term traders may see volatility around upcoming events, including further regulatory developments and quarterly updates. Valuation remains elevated on traditional metrics, but many argue forward-looking AI growth justifies the premium. Dollar-cost averaging or waiting for pullbacks could appeal to those building positions.
As of mid-morning trading, the broader market showed mixed sentiment, with the Dow Jones Industrial Average also advancing modestly. Alphabet’s performance continues to stand out within the Magnificent Seven group, underscoring its resilience and strategic focus.
The coming months will test whether Alphabet can convert its substantial AI investments into sustained market leadership and profitable growth. For now, investors are rewarding the company’s execution and forward momentum in one of technology’s most critical battlegrounds.
Business
Duolingo: A Buy If You Can Handle The Volatility
Duolingo: A Buy If You Can Handle The Volatility
Business
Bitchin’ Sauce continues expansion both in and beyond almonds

Company launches two new product lines across Kroger’s family of banners.
Business
Climb Global Solutions director John R McCarthy buys $75,320 in stock

Climb Global Solutions director John R McCarthy buys $75,320 in stock
Business
Users Report Delays and Errors on May 5
NEW YORK — Google’s Gemini AI chatbot and related services faced widespread user-reported disruptions Tuesday, with many experiencing slow responses, processing loops and error messages as the popular generative AI tool encountered intermittent outages across web and mobile platforms.
Downdetector and other monitoring sites showed a significant spike in reports beginning around 8:44 a.m. EDT, with users complaining that prompts either failed to generate responses or got stuck in endless loading cycles. Some reported receiving system error images or partial answers before Gemini stopped functioning properly.
Google AI Studio’s official status page confirmed isolated issues earlier in the day, including problems with streaming Deep Research features that were later marked as resolved. However, broader Gemini services, including the main chatbot integrated into Google Search, Workspace and mobile apps, continued showing elevated error reports throughout the morning.
Scope of the Disruption
The problems appeared widespread but not universal. Users in the United States and Europe reported the highest volume of complaints, though reports also came from Asia and other regions. Issues affected both free and paid Gemini Advanced tiers, with some users noting that basic queries worked sporadically while complex or multimodal requests failed entirely.
Google has not issued a formal public statement on the outage as of mid-morning, but its cloud status dashboard and AI Studio page indicated active monitoring of related services. Engineers appear to be investigating backend capacity or integration problems that could stem from high demand or a recent update.
User Frustration and Workarounds
Social media platforms quickly filled with complaints, memes and screenshots of failed interactions. Many users turned to alternative AI tools like ChatGPT, Claude or Grok while waiting for Gemini to recover. Some reported success by switching browsers, clearing cache or using VPNs, suggesting the issue might be regionally or account-specific in certain cases.
Gemini has become a central part of Google’s AI strategy, powering features across Search, Gmail, Docs and Android. Any extended downtime highlights the growing reliance on these tools for productivity, research and creative tasks.
Google’s Track Record and Response
Google has generally maintained strong uptime for its consumer AI services, though occasional hiccups have occurred during periods of rapid feature rollouts or high traffic. Past incidents were typically resolved within hours. In this case, the company’s transparency via status pages has helped inform affected users, even without a broad public advisory.
Experts recommend checking official status pages and waiting a short period before retrying complex queries. Restarting the app, signing out and back in, or trying incognito mode can sometimes bypass temporary glitches.
Broader Context in AI Services
The incident comes as AI chatbots face increasing demand from both casual users and enterprises. Outages at this scale underscore the challenges of scaling large language models while maintaining consistent performance. Competitors have experienced similar disruptions in the past, reflecting the complexity of real-time AI infrastructure.
For businesses relying on Gemini through Google Workspace or API integrations, the disruption could impact workflows involving content generation, data analysis or customer support automation. Google typically offers service credits for significant enterprise outages under its SLA agreements.
What Users Should Do
If experiencing issues with Gemini:
- Check Downdetector or Google’s status pages for real-time updates.
- Try accessing via a different device, network or browser.
- Wait 15-30 minutes and retry, as many outages resolve quickly.
- Report the problem directly through the Gemini app or web interface to help Google’s team gather diagnostics.
Google is expected to provide more details if the problem persists into the afternoon. In the meantime, users seeking reliable AI assistance can explore alternatives while the company works to restore full functionality.
This latest hiccup serves as a reminder of both the power and fragility of modern AI systems. As Gemini continues evolving into a daily tool for millions, maintaining rock-solid reliability will remain a top priority for Google and the broader AI industry. Updates will be closely watched as the situation develops throughout the day.
Business
PayPal: Things Will Get Worse Before They Get Any Better
PayPal: Things Will Get Worse Before They Get Any Better
Business
Trump admin signs new AI collaboration deals with Google, Microsoft and xAI
Barrons Roundtable newsletter editor Josh Schafer breaks down the stock market and oil prices amid conflict in the Middle East on Varney & Co.
The Trump administration on Tuesday announced that it had reached new agreements with Microsoft, Google DeepMind and Elon Musk’s xAI to expand collaboration with Big Tech companies in researching artificial intelligence (AI) and security.
The Center for AI Standards and Innovation (CAISI), which is part of the Commerce Department’s National Institute of Standards and Technology, will work with the AI companies on pre-deployment evaluations as well as targeted research into frontier AI capabilities and AI security.
The new agreements build on previously announced partnerships between CAISI and the companies, supporting information-sharing, driving voluntary product improvements and ensuring a clear understanding in government of AI capabilities and the state of international AI competition.
“Independent, rigorous measurement science is essential to understanding frontier AI and its national security implications,” said CAISI Director Chris Fall. “These expanded industry collaborations help us scale our work in the public interest at a critical moment.”
HOW AI EXPOSURE IS RESHAPING JOBS IN CREATIVE FIELDS

The Trump administration announced the AI agreements through CAISI with several leading tech companies. (Win McNamee/Getty Images)
Developers frequently provide CAISI with models that have reduced or removed safeguards to evaluate national security-related capabilities and risks.
Evaluators from across government agencies may participate in evaluations and regularly provide feedback through the TRAINS Taskforce, which is a group of interagency experts focused on AI national security concerns.
CAISI’s agreements support testing in classified environments and were drafted with flexibility to respond to continued advancements in AI.
ZUCKERBERG SAYS META LAYOFFS TIED TO AI SPENDING, WON’T RULE OUT FUTURE CUTS

Microsoft said the CAISI partnership is needed to build trust and confidence in advanced AI systems. (Cesc Maymo / Getty Images)
Microsoft chief responsible AI officer Natasha Crampton said in a release that the agreements will “advance the science of AI testing and evaluation, including through collaborative work to test Microsoft’s frontier models, assess safeguards, and help mitigate national security and large-scale public safety risks.”
Crampton said that “ongoing, rigorous testing is essential to building trust and confidence in advanced AI systems.”
ELON MUSK SAYS HE WAS A ‘FOOL’ FOR FUNDING OPENAI: REPORT

Google’s DeepMind unit also signed the new agreements with CAISI. (Marlena Sloss/Bloomberg via Getty Images)
“Well-constructed tests help us understand whether our systems are working as intended and delivering the benefits they are designed to provide. Testing also helps us stay ahead of risks, such as AI-driven cyberattacks and other criminal misuses of AI systems, that can emerge once advanced AI systems are deployed in the world,” Crampton explained.
Microsoft also announced a similar agreement with the United Kingdom’s AI Security Institute (AISI) to govern AI testing and evaluation.
Business
Why Cash on Delivery for Nutra is the Key to Dominating the European Market
In the competitive landscape of the health and beauty industry, expansion into Europe requires more than just high-quality products; it requires a deep understanding of local consumer habits.
While digital wallets are standard in many regions, a massive segment of the European population remains loyal to traditional payment methods. This time our focus is cash on delivery (COD) page, and why mastering this channel is essential for any brand scaling its operations.
For companies specializing in supplements and skincare, implementing cash on delivery for nutra is often the single most effective way to boost conversion rates in Central, Southern, and Eastern Europe.
The Strategic Importance of COD in the Nutra Sector
The Nutra industry thrives on trust. Customers are often hesitant to pay upfront for products they haven’t tried or from brands they are just discovering. Offering a COD option removes the primary barrier to purchase, providing the “safety net” that many European consumers demand.
However, the complexity of managing physical cash across multiple borders, currencies, and courier networks is a logistical mountain that most brands cannot climb alone. This is where WAPI enters the frame as a specialized partner for high-growth enterprises.
Scalability for Large-Scale Operations
Success in the Nutra world is often a matter of volume. WAPI is a COD service provider specifically designed to handle large volumes of orders, making it an ideal partner for businesses of big sizes. When a campaign goes viral or a new market opens, the logistical backend must be able to keep up without a dip in service quality.
WAPI provides a robust infrastructure that includes:
- Massive Throughput: The ability to process and ship hundreds of thousands of orders monthly.
- Strategic Warehousing: A network of over 16 warehouses across Europe, ensuring that products are stored close to the end consumer, significantly reducing delivery times.
- Financial Efficiency: WAPI ensures that the “cash” part of Cash on Delivery is handled with transparency, offering quick payouts that keep your business’s cash flow healthy.
Mastering the Buyout Rate: The WAPI Advantage
The biggest risk in the COD model is the “buyout rate”—the percentage of customers who actually accept and pay for the package upon delivery. A low buyout rate can sink a Nutra brand due to the costs of return logistics and wasted inventory.
WAPI is especially good for businesses of big sizes because they possess the data and experience to work with the buyout rate in different EU countries. Consumer behavior is not monolithic; a customer in Romania has different expectations and delivery habits than one in Italy or Poland. WAPI understands these nuances, implementing localized strategies to ensure the highest possible delivery success.
By using automated SMS notifications, precise courier selection, and optimized delivery windows, WAPI helps maintain high buyout rates that are critical for COD customers. This expertise ensures that your marketing spend translates into actual revenue rather than returned parcels.
Conclusion: Future-Proofing Your Logistics
For Nutra brands looking to solidify their presence in Europe, the path forward is clear. Integrating cash on delivery for nutra into your sales strategy is a proven method to capture market share that competitors relying solely on credit cards will miss.
By partnering with WAPI, you gain more than just a logistics provider; you gain a strategic ally capable of managing high-volume COD operations with precision. In a market where trust is the ultimate currency, WAPI ensures that your brand delivers on its promises, one doorstep at a time.
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