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ACCENTURE PLC REVENUE FORECAST
JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...
IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
IBM stock tumbles 23% in premarket trading as preliminary quarterly results fall below expectationsIBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit an...
Chip toolmaker ASML expected to shine light on capacity and China challengesThe Netherlands-based business is Europe's most valuable listed company with a market capitalisation of €610 billion ($696 billion) after t...
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AIAccording to the preliminary results, the company expects revenue of $17.2 billion during the quarter, compared with analysts' estimate of...
India inflation risks mount on renewed US-Iran tensions, El NinoIndia's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El N...
Global Market: South Korea targets AI-led growth, raises 2026 GDP forecast to five-year high; chip stocks in focusSouth Korea has raised its 2026 GDP growth forecast to 3%, the fastest pace in five years, backed by an AI and semiconductor-led investment...
AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
TSMC posts record revenue in second quarter on AI demandRevenue in the second quarter rose 36% from a year earlier to a record high on surging interest in artificial intelligence applications. On...
Govt sops key as India’s chip market set to explode to $350 billion by 2035By 2035, India could be consuming $350 billion of semiconductor devices and components under the parlay, it said.
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit ...
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
TCS braces for muted June quarter earnings; AI outlook and deal pipeline in focusTata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impact...
TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloffIndian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a...
Global Market: Foxconn Q2 revenue jumps nearly 40% on AI demand, beats estimatesFoxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud...
Foxconn second-quarter revenue jumps, company cautions on geopoliticsRevenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June ...
Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
Accenture cuts revenue outlook, stock crashes 17%Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even...