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TENCENT Q2 EARNINGS
China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...
ideaForge Technology shares drop over 9% in two days. JM Financial downgrades ratingideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns foll...
Supermicro tops earnings expectations, stock jumps on strong AI-driven outlook
AI startup Manus to resume independent operations as deal with Meta unwinds"As part of our transition back to independent operations and to comply with regulatory requirements in specific jurisdictions, data genera...
MRF Q1 Results: PAT dips 6% YoY to Rs 479 crore; shares fall 3% amid sharp margin contractionMRF reported a 6.5% YoY decline in Q1FY27 net profit to Rs 479 crore, despite a 10% rise in revenue to Rs 8,416 crore. EBITDA fell 7.5%, wh...
Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 resultsOil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attrac...
Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect nextInfo Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-ye...
Buy, Sell or Hold: Morgan Stanley remains overweight on Bharat Forge; Mirae Asset Sharekhan recommends buy on DEE Development EngineersBrokerages remain positive on select stocks following Q1 FY27 earnings, with Morgan Stanley retaining an Overweight rating on Bharat Forge ...
Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earningsHindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations...
Delhivery shares plunge 4% as net profit tumbles 65% YoY. Why Nuvama still maintains Buy ratingDelhivery shares fell 4% after the logistics company reported a 65% YoY decline in Q1 FY27 net profit to Rs 32 crore, despite a 28% rise in...
Berkshire Hathaway spends down cash pile under CEO Greg AbelBerkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks an...
Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EB...
SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimatesState Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during t...
Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest ratesSingapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income cha...
ETMarkets Smart Talk | AI infrastructure, not just AI software, will drive India's next wealth cycle: Amit JoshiFrom data centres and power transmission to manufacturing and the energy transition, these sectors are emerging as the real enablers of the...
Why AMD's solid quarterly earnings failed to impress investorsAMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronge...
Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
Uber shares drop 6% as weak forecast overshadows strong bookingsUber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle i...
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
Freshworks turns profitable in Q2, revenue up 16%The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Op...