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Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...- French jet engine maker Safran raises targets after record first-half marginFrench jet engine maker Safran reported strong first-half profits. This performance led the company to raise its financial targets. Demand ...
- Mercedes Benz reports Q2 profit boost but flags China woes for car salesMercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast i...
- Bharat Electronics shares fall over 3% after Q1 results. Here's what Nomura, Motilal Oswal and other brokerages sayBharat Electronics (BEL) shares fell 3.5% after the defence PSU reported mixed Q1FY27 results, with profit rising 9% year-on-year but decli...
- 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...
- 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...
- 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...
- 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...
- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- 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: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financ...
- Motilal Oswal Q1 Results: Net profit rises 10% YoY to Rs 1,273 crore; revenue climbs 25%Motilal Oswal Financial Services posted a 10% year-on-year rise in Q1 FY27 net profit to Rs 1,273 crore, driven by robust growth in its ass...
- Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growthInfosys ADRs fell over 4% after the IT major trimmed the upper end of its FY27 revenue growth guidance despite reporting higher June-quarte...
- Infosys Q1 Results: Profit rises 12% YoY to Rs 7,769 crore; co trims upper-end revenue forecastInfosys Q1 Results: IT services major Infosys reported 12% year-on-year (YoY) growth in its consolidated net profit at Rs 7,769 crore in th...
- Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
- STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
- 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...
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
- 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...
- Chipmaker IQE raises annual sales growth forecast on AI, data centre demandIQE has raised its full-year revenue growth forecast significantly. IQE upgraded its 2026 revenue growth forecast to above 30%, from 20% pr...
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