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ANNUAL ADJUSTED PROFIT FORECAST
PayPal presses on with turnaround in pivotal quarter as sale questions lingerPayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These r...- Cadence raises annual forecasts as demand booms for AI chip designCadence now expects 2026 revenue to be between $6.26 billion and $6.34 billion, up from its prior projection of $6.13 billion to $6.23 bil...
- India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
- Global Market: Shein slips to quarterly loss as US tariff changes weigh on sales ahead of Hong Kong IPOFast-fashion giant Shein reported a $99 million loss in Q1 2026, hit by slowing sales after the US ended duty exemptions for low-value impo...
- Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
- PNB profit to cross Rs 20,000 cr mark in FY27: MD Ashok ChandraPunjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,000 crore in quarterly profit for fo...
- Verizon raises profit outlook on $1-bn Google dark fiber dealVerizon has sealed a major agreement with Google, focusing on dark fiber connectivity, with a staggering value exceeding one billion dollar...
- American Express Q2 profit rises driven by higher spending and fewer delinquenciesAmerican Express has indicated an impressive eight percent growth in profit during the second quarter, largely driven by increased spending...
- US stocks today: S&P 500, Nasdaq fall as investors juggle earnings, Mideast risks and tariffsMajor stock indices experienced declines as concerns over artificial intelligence spending intensified. New tariffs and escalating Middle E...
- Digital Realty raises annual FFO forecast on robust data center demandDigital Realty Trust has raised its forecast for funds from operations for the entire year, driven by a surge in leasing activity from clou...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
- US stocks today: Nasdaq plunges 2% as tech earnings spark AI spending worriesWall Street closed sharply lower with Nasdaq down over 2% as weak Big Tech earnings and rising AI spending concerns hit sentiment. Surging ...
- Dow forecasts quarterly core profit slightly above estimates, warns of Middle East uncertaintyDow Inc predicts that its third-quarter core profit will surpass Wall Street's forecasts, bolstered by effective cost-cutting strategies. A...
- Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh inShares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, ...
- Global Market: South Korea's Q2 GDP beats estimates on chip exports; semiconductor stocks in focusSouth Korea's GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Eternal Q1 Results: Cons PAT skyrockets 268% YoY to Rs 92 crore; revenue zooms 182%Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, wh...
- US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifiesWall Street closed higher as semiconductor stocks rebounded sharply, lifting major indexes despite tariff tensions and Middle East risks. I...
- Pentair shares dip 17% on dour forecast amid weak pool salesPentair shares dropped sharply after the company cut its annual forecast, citing weak demand in its pool segment. High interest rates and i...
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