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PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caperPB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.- Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Zensar’s Q2 net profit rises 4%, revenue grows 11%Sequentially, net profit rose 3.5%. Revenue grew 11.5% YoY to Rs 1,585.2 crore and 5.1% sequentially. In dollar terms, revenue stood at $16...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
- Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
- Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
- Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
- Info Edge Q2 profit rises 87% to Rs 650 crore as Naukri, 99acres growOther income rose to Rs 428 crore from Rs 162 crore, contributing to the sharp increase in reported profit. The underlying business also st...
- Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: ReportIndian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by en...
- AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
- Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
- US stocks today: US stocks end higher as AI rally lifts Nasdaq ahead of Fed decisionUS stocks saw gains as renewed optimism about artificial intelligence lifted chipmakers while corporate earnings were evaluated. Although c...
- VerSe valuation sinks; Paytm Q2 profit risesHappy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
- Ather rides to profit; Pronto's US AI playAther Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
- Musk's warning hits neocloud stocks as debt concerns mountShares of neocloud companies have fallen significantly amid concerns about consolidation in the sector. Elon Musk warned that many neocloud...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
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