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Nasdaq tops profit estimates on high-profile listings, robust data revenueIn a remarkable second-quarter performance, Nasdaq outshined analyst profits, driven by robust revenue growth in its capital access platfor...- AMD expected to launch next generation of AI infrastructure to challenge NvidiaAdvanced Micro Devices is launching new artificial intelligence hardware on Thursday. This new hardware aims to compete directly with Nvidi...
- Airtel Africa net profit jumps 27% to $198 million as revenue growth acceleratesBharti Airtel’s Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million, supported by higher operating pr...
- Besi orders more than double as AI and hybrid bonding tech drive demandBesi's quarterly orders more than doubled, fueled by AI and hybrid bonding technology. The company saw increased customer adoption of its a...
- Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
- STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
- Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
- HFCL Q1 results: Firm swings to black, net profit at Rs 246 crore, revenue soars 120% YoYHFCL reported a sharp turnaround in Q1FY27, posting a net profit of Rs 246 crore against a year-ago loss as revenue more than doubled. Stro...
- US Stock Market: Exchange operators brace for earnings amid trading boom, regulatory overhangUS exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and comp...
- Bira 91’s Ankur Jain steps down; Data centre safety under reviewHappy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dis...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- Powerful rally! This Wall Street AI winner with 500% share price jump is not your typical chip stockGE Vernova has surged over 500% since its 2024 spin-off, emerging as a key AI infrastructure play. Investors are betting on rising electric...
- Chipmaker IQE raises annual sales growth forecast on AI, data centre demandIQE has raised its full-year revenue growth forecast significantly. IQE upgraded its 2026 revenue growth forecast to above 30%, from 20% pr...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
- Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
- Prysmian signs €5.5 billion Molex deal in data centre pushItalian cable maker Prysmian said on Monday it had signed a long-term agreement worth up to €5.5 billion ($6.4 billion) with Molex, a Koch-...
- Netflix tumbles as slowing growth, less viewership data spook investorsNetflix shares dropped significantly after forecasting slower revenue gains. The company also reduced its viewership data reporting frequen...
- IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
- HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...
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