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CONSUMER ELECTRONICS SALES SLUMP
US Stocks: 3M lifts annual profit forecast on cost controls, price hikes3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth t...- Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...
- India’s online retail market to cross $90 billion in 2026, grocery to overtake mobiles: RedseerIndia's online retail landscape is on a fast track, expected to hit USD 90 billion by 2026. The surge in demand is primarily for grocery, b...
- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- Festive demand likely to fire up temporary factory hiringThis festive season, India's manufacturing sector is projected to create around 100,000 temporary jobs. Major drivers of this increase incl...
- US banning Chinese AI DeepSeek from government agency IT systemsThe department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian government...
- Ecommerce festive sales fizzle out on price pangsExecutives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as price...
- Online festive sales fizzle; Snowflake CEO on AI’s impact on softwareHappy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today’s ETtech Morning Dispatch.
- LG Electronics, Polycab among picks as premiumisation and infrastructure demand drive growth: Siddhartha KhemkaConsumer durable demand is showing an uneven festive recovery, with premiumisation and weather-led sales supporting select categories. Sidd...
- Panasonic reverses stand on Indianising top deck, offers key roles to expatsPanasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership ...
- No crackers, easy on the festival lightsFestival consumption in India is facing challenges due to rising input costs and cautious spending patterns. Companies are experiencing pre...
- Online mobile sales may not ring loud this NavratriIndia's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data indicates a 16% year-on-year drop...
- Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
- UPI MDR deferment gives D2C brands festive-season margin reliefThe new MDR framework on UPI was expected to impact D2C brands operating in low-margin categories such as consumer electronics, fashion and...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- India’s smartphone sales face a festive squeeze, but market value rises 5%The smartphone market in India is projected to experience a 12% decline in sales volumes this festive season. Despite this decrease, the ov...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- Have Money, Will Buy! Festive online sales off to fine 'premium' startDuring the festive season, demand for premium goods has seen significant growth on e-commerce platforms. Sales have increased by 40% compar...
- Ecommerce firms sell goods worth Rs 24,000 crore in first two days of festive sales: RedseerPlayers like Amazon and Flipkart are using their quick commerce arms for sales and increasing their salience on the platform, which saw 4 t...
- E-commerce festive sales touch Rs 24,000 crore in first two days, mobiles leadE-commerce companies in India sold about Rs 24,000 crore in the first two days of festive sales. Mobile phones accounted for the largest sh...
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