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HP forecasts strong fourth-quarter profit on price hikes, US tariff refundsHP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-power...
US corporate profit margins widen to highest on recordUS corporate profit margins reached a record 19.4% in the second quarter, up from 18.2%, as profits jumped nearly 10%. Strong consumer spen...
Zerodha FY26 profit, revenue stay flat due to slowdown in core broking businessBrokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income dropped to zero from Rs 400 crore after ...
Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
Capital Group sells 1% stake in D-Mart for Rs 2,537 croreCapital Group divested a 1.04 percent stake in Avenue Supermarts for Rs 2,537 crore. This significant open market transaction involved sell...
Indian engineering giant L&T’s order wins signal Middle East revivalLarsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the M...
ET WLF 2026: AI growth needs governance, financial discipline to stay sustainableIndustry executives highlight AI governance and financial sustainability challenges. Many AI uses currently lack revenue or profit pools, r...
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
China robot maker Unitree's post-listing slump sparks bubble fearsThe post-listing selloff in the company, one of the world's largest producers of quadruped and humanoid robots, has also led to soul-search...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
Global Markets | Japan's Nikkei weighed down by AI stocks ahead of Nvidia earningsThe Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflat...
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
Indian pharma has little reason to fear TrumpUS tariff threats on Indian generic drugs face significant obstacles. These duties could increase American healthcare costs and potentially...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
Can Symbiotec Pharmalab IPO deliver long-term growth for high-risk investors?Symbiotec Pharmalab plans a ₹150 crore IPO to repay debt and expand operations. The company holds a global leadership position in corticost...
Peter Thiel's 7 timeless rules for spotting winning businesses: Here is what investors must knowBillionaire investor Peter Thiel advocates backing truly unique businesses rather than merely better versions of existing firms. Drawing fr...
Can Augmont Enterprises IPO deliver long-term growth for high-risk investors?Augmont Enterprises plans a ₹620 crore IPO to fund working capital needs. The company's promoter stake will decrease significantly after th...
Hindustan Zinc shares jump 7% in two sessions. What’s triggering the rally?Hindustan Zinc shares rose 4% as silver prices climbed for a third straight session, taking the stock’s two-day gain to 7%. The company, on...
Walmart shares fall 8% as Q2 results flag risks of rising inventoryWalmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income i...