
Bharti Airtel partners with Ericsson for rollout of Fixed Wireless Access services in India
As part of this agreement, Ericsson is introducing a new platform which will support higher capacity with a smaller footprint and better total cost of ownership. The solution builds on the previously an nounced dual-mode 5G Core solution deal between Ericsson and Airtel for 5G packet core which cre ated a unified and future-ready network infrastructure, underpinning Airtel's journey to 5G Standalone (SA).

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Time of India
17 minutes ago
- Time of India
US market today: Wall Street steady near record highs as GM warns of tariff pain, homebuilders rally on strong Q2
US stock markets hovered near record highs on Tuesday as investors weighed mixed earnings and trade policy signals, with General Motors flagging a $4–5 billion tariff hit for 2025, while homebuilders surged on better-than-expected second-quarter profits. Tired of too many ads? go ad free now The S&P 500 was little changed after reaching a fresh record on Monday. The Dow Jones Industrial Average rose 27 points (0.1%), while the Nasdaq composite slipped 0.1% after hitting its own all-time high, AP reported. Shares of General Motors fell 5.2%, even as the company reported stronger-than-expected quarterly earnings. GM reiterated that it expects tariffs to impact its full-year results by as much as $5 billion and warned that the third quarter will feel the tariff strain more sharply than the spring quarter. The automaker also said it hopes to mitigate 30% of the total impact through cost adjustments. The GM warning comes ahead of an August 1 deadline for US trade negotiations, with many of President Donald Trump's proposed tariffs still on hold as discussions continue with major trade partners. Trump has pushed for new auto-related tariffs and pressured the Federal Reserve to accelerate rate cuts. Homebuilders offered a bright spot in the day's trade. D.R. Horton surged 10.2% and PulteGroup rose 7.7% after both companies posted stronger-than-expected spring quarter profits. However, both cited continued challenges in the housing market due to high mortgage rates and economic uncertainty. Elsewhere, Genuine Parts Co. rose 2.5% after topping Wall Street's profit estimates, though it trimmed its full-year guidance to reflect the impact of existing US tariffs and a weaker business outlook for the second half. Tired of too many ads? go ad free now Coca-Cola fell 1.6% despite reporting better-than-expected profit. While price hikes helped offset volume declines, revenue only marginally beat expectations. Coke's global case volumes dropped 1% in Q2. In the bond market, Treasury yields remained stable, with the 10-year yield easing to 4.36% from 4.38% on Monday. Investors continue to expect the Fed to resume rate cuts in September, with Chair Jerome Powell signalling a data-dependent approach amid the inflation impact of Trump's trade policies. Global markets were mixed. Japan's Nikkei 225 fell 0.1% after an early surge post-holiday. Political uncertainty deepened after Prime Minister Shigeru Ishiba's coalition lost its upper house majority, with analysts saying a breakthrough in US-Japan trade talks could be key to regaining momentum. Other major Asian and European indexes showed modest declines.


Indian Express
2 hours ago
- Indian Express
New to Perplexity Pro? Try these 5 features
After Bharti Airtel announced that it is giving away a free one-year Perplexity Pro subscription to eligible users in India, the app beat ChatGPT to become the number one free app on iOS. Unlike traditional AI-powered chatbots like ChatGPT and Gemini, Perplexity is a web search engine that uses AI to search for information on the internet and present it in an easy-to-understand format. The company says that in order to generate accurate responses, it uses different large language models like GPT-4.1, Claude 4.0 Sonnet and Gemini 2.5 Pro. If you have recently claimed the free one-year Perplexity Pro subscription, here are five features that you should try right now. Compared to the free version of Perplexity, Pro users not only get more searchers per day, but also get access to the company's Pro Search feature. The functionality allows Perplexity Pro subscribers to make use of advanced AI models like OpenAI's GPT-4.1, Claude 4.0 Sonnet and Gemini 2.5 Pro. In case you don't like the outputs generated by these models, you can switch to Sonar, a large language model developed by Perplexity itself. For users who want to ask complex analytical questions, the Pro subscription includes OpenAI's o3, Claude 4.0 Sonnet, xAI's Grok 4, and a fine-tuned uncensored version of DeepSeek R1, which the company says is hosted in the United States. If you want AI to research on a topic, Perplexity says it automatically selects an 'optimal combination of models' which can generate detailed reports. Perplexity Pro subscribers also get access to Labs, an AI-powered feature that helps users make spreadsheets, dashboards and web apps in a few minutes. In a blog post, Perplexity said Labs can do all of the aforementioned things by performing 10 minutes or more of 'self-supervised work' using a wide range of tools like code execution, image creation and code execution. If you are into coding, Labs can also help you write and execute code to do tasks like structuring data, creating charts, text documents and spreadsheets. Like ChatGPT and Gemini, Perplexity Pro users can also upload files like PDF, CSV, audio, video and images for analysis. The feature is powered by large language models like OpenAI's GPT-4 Omni and Claude 4.0 Sonnet, which means it will have the same capabilities as Claude and ChatGPT. Like ChatGPT and Gemini premium subscribers, Perplexity Pro members can also generate and edit images using text prompts. Perplexity says users should 'try to be as specific as possible' with their instructions, and the app will automatically generate the image without the user having to press any button after prompting. Perplexity's default image generation model is GPT Image 1, but the company says they will be adding more models as they become available. In case you don't like the output, simply set your model preference from the settings menu. Currently available options include Gemini 2.0 Flash Experimental, FLUX.1 and DALL-E 3. And while there is no edit option, you can ask Perplexity to regenerate the image. And while there are no limitations on how many times Pro users can regenerate an image, Pro subscribers are limited to 150 images per month using GPT Image 1.


Time of India
2 hours ago
- Time of India
reAlpha Tech Corp (AIRE) stock explodes 347% in a day and shocks Wall Street — is this AI real estate play the next breakout or just hype?
reAlpha Tech Corp (NASDAQ: AIRE) shocked Wall Street on Tuesday as its stock skyrocketed by over 347% , jumping from just $0.19 to $0.85 by midday trading. The massive spike in share price came on the back of a major capital raise announcement, coupled with surging retail investor interest. But beneath the excitement lies a deeper story about dilution, speculation, and the promise of AI in real estate. What exactly happened with AIRE stock today? As of Tuesday, reAlpha's stock was trading at $0.85, up +0.66 points or a staggering +347.21%. This kind of explosive move is rare and almost always triggered by one or more key catalysts. In this case, reAlpha announced a $5 million registered direct offering, where the company will issue approximately 14.3 million common shares at $0.35 per share, with one-for-one warrants attached. These warrants will be exercisable at $0.35, valid for five years. Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking Public Policy Management others MBA Degree CXO Finance Cybersecurity Leadership Operations Management Artificial Intelligence PGDM Project Management MCA Others Data Science Digital Marketing Data Science Data Analytics Healthcare healthcare Product Management Technology Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details This means reAlpha is raising cash directly from institutional investors — a move typically seen as dilutive to existing shareholders. But today, the opposite happened: the market exploded. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo Why did the stock rally despite dilution risk? There are a few key reasons behind the surge: 1. Speculative momentum and low float reAlpha is a low-float micro-cap stock , meaning there are fewer shares available to trade on the open market. This often results in high volatility. Once volume spikes, as it did today (over 3.2 million shares traded), the price can surge rapidly due to limited supply. Live Events 2. Retail investor excitement Many day traders and retail investors jumped in as AIRE began to trend across stock forums and FinTwit. With a price under $1 and a triple-digit gain, momentum trading kicked in quickly. 3. Hype around AI in real estate reAlpha's core business involves using artificial intelligence to streamline short-term real estate investing . The company is building tech tools that help individuals identify and invest in Airbnb-like rental properties more efficiently. In a market thirsty for 'AI anything,' this positioning gives reAlpha a speculative appeal. What does reAlpha Tech Corp actually do? reAlpha is a real estate technology company that integrates AI algorithms with the short-term rental market. Its mission is to democratize access to real estate investing by allowing people to co-invest in vacation rental properties. The company markets itself as a platform that uses data-driven insights to find high-return properties, optimize pricing, and manage bookings — all powered by AI. While it's still an early-stage company , the concept taps into two major trends: the boom in short-term rentals (like Airbnb), and the rise of AI applications in real estate. Key risks for investors Even with today's exciting gain, investors should keep a few important things in mind: Dilution is real : Issuing 14.3 million shares will increase the total share count significantly. That could reduce the value of each existing share unless the capital raised translates into strong future growth. Micro-cap volatility : AIRE's market cap remains tiny, making it prone to extreme price swings — both up and down. Unproven business model : While the idea of AI-powered real estate is appealing, reAlpha is still in a growth and development phase , with limited revenue and no clear profitability timeline. Key numbers Metric Value Stock Price (Today) $0.85 Daily Gain +347.21% Shares Offered 14.3 million Offering Price $0.35/share Warrants Included 1-for-1 @ $0.35 Total Raised $5 million Market Cap (Est.) Low Micro-Cap Volume (Today) 3.2 million+ shares Today's explosive move in reAlpha Tech Corp (AIRE) is a textbook example of how micro-cap stocks can surprise even the most seasoned traders. While the company's vision of using AI to modernize real estate investing is compelling, it's far from guaranteed. The market clearly sees potential — but also risk. If you're investing, be aware of the dilution, volatility, and early-stage uncertainty . If you're trading, buckle up — this one could keep moving sharply in either direction. FAQs: Q1: Why did reAlpha Tech Corp (AIRE) stock jump over 300% today? The stock surged after the company announced a $5 million direct offering, sparking high trading volume and retail speculation. Q2: What does reAlpha Tech Corp do? reAlpha is an AI-driven real estate tech company that helps people invest in short-term rental properties using data and automation tools.