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CLOUD BUSINESS REVENUE
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...- ITC Hotels evaluates Dubai, other overseas markets for luxury hotel expansionITC Hotels is evaluating multiple management contract opportunities in Dubai and other “proximal” international markets as it looks to expa...
- Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
- Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
- From dairy machines to AI factory: L&T is future-proofing its empireLarsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technolog...
- Rs 5 lakh investment, Rs 10 crore revenue: How 2 Bengaluru sisters turned their grandmother’s biryani recipe into a thriving food businessTwo Bengaluru sisters have turned a cherished family recipe into a thriving food business. Inspired by their grandmother’s iconic biryani, ...
- Alibaba Earnings: Can AI bets power the next growth wave?Alibaba’s Q2 earnings will test whether its aggressive AI investments can drive sustainable growth and profits. Strong Qwen adoption and cl...
- Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
- Shiprocket IPO: Important numbers to know before the listingShiprocket is set to make its much-anticipated stock market debut on August 19, following a strong response to its initial public offering ...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
- Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
- Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in MarchOracle layoffs 2026: Oracle employees could face another layoff wave on September 1, with reports suggesting 6am job-cut emails may arrive ...
- Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
- US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
- Global Market: Singtel Q1 profit beats estimates on strong Optus, regional contributionsSingtel reported a better-than-expected Q1 FY27 underlying net profit, driven by Optus, regional associates including Bharti Airtel and AIS...
- Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
- Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexibl...
- SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
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