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Boeing cuts delivery target, shares hit 18-month low as recovery takes longerBoeing has announced a cut in its 737 Max delivery target for this year, which raises concerns. The company now aims to increase 737 produc...
Boeing reports smaller loss as it aims for stable output growthBoeing on Tuesday reported a smaller quarterly loss compared with the same period last year -- when plane certification delay costs heavily...
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
WeWork India H1FY27 net profit rockets 150%, revenue surges 30%WeWork India’s first-half FY27 net profit surged 149.5% to Rs 119 crore, while revenue grew 30.1% to Rs 1,466.7 crore. Capacity expansion, ...
WeWork India H1 net profit rises 150%, revenue up 30.1%WeWork India reported a 149.5% year-on-year rise in first-half FY27 net profit to Rs 119 crore, while revenue grew 30.1% to Rs 1,466.7 cror...
Tata Communications to invest $450 million in 10,000 km AI fibre networkThe project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
‘Very high’ expectations from India-EU FTA, says Rotterdam port chiefBoudewijn Siemons, CEO of the Port of Rotterdam, expressed high expectations for the India-EU free trade agreement. He highlighted the impo...
Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasyInvestors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
Cyient shares rally 9% after Q2 revenue rises 25%; board declares Rs 12/sh interim dividendCyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net...
Tesla stocks fall despite Q3 earnings beat: What spooked investors?Tesla shares decline despite beating adjusted earnings estimates and delivering positive free cash flow. A lower 2026 capital expenditure f...
Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
Tesla drops as spending pullback clouds AI, robotics ambitionsTesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raising eyebrows about the future of El...
- Fabindia looks beyond its 'heritage' to revive growth and cash flow
Revenue increased 6.3% to Rs 1,313 crore in the year ended March, while profit before exceptional items and tax surged 24.4% to Rs 131 cror...
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
Oyo parent PRISM to cut IPO fresh issue nearly 50% to Rs 3,350 crore: SourcesPRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced ...