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Big US bank stocks head for longest weekly losing streak since 2008Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and ...- Indian Bank reports a Rs 1,388 crore gain from sale of NSE sharesIndian Bank gained Rs 1,388 crore from the NSE listing, boosting second-quarter non-interest income by 50% to Rs 3,953 crore. The one-time ...
- Banks defy Treasury drag, clock double-digit profit growth in July-Sept quarterIndian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank reported double-digit Q2 profit growth, supported by core income and loan exp...
- S&P 500’s road to 8,000 grows tougher as yields rise, AI doubts mount; all eyes on quarterly earningsAnalysts are doubtful about the S&P 500 crossing the 8,000 points mark despite strong earnings expectations. The rise in oil prices and bon...
- IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
- Tech Mahindra announces 1:1 bonus issue, Rs 15 interim dividend; check record dateTech Mahindra announced a 1:1 bonus share issue and Rs 15 interim dividend as it celebrated its 40th anniversary. The company expects bonus...
- Nestlé India says rising inflation, particularly food inflation, is a realityNestlé India has reported a strong 20.5% increase in sales for the September quarter. Profit after tax rose significantly due to robust vol...
- Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...
- Canara Bank net profit up 8.4%, treasury losses weighCanara Bank experienced an 8.4% year-on-year increase in net profit, reaching ₹5,175 crore for Q2 FY27. The bank's improvement in asset qua...
- CEAT to hike tyre prices by 4-6 pc this quarter amid increased raw material costsAlthough the company has raised prices in the last two quarters, it could not fully offset inflation in major raw materials such as rubber ...
- Nifty IT surges 5.2% to log biggest single-day gain in 17 monthsIndian IT stocks experienced a significant increase following HCL Technologies' strong earnings report for the September quarter. The Nifty...
- US stocks: Nasdaq ends down as chipmakers fall and bank earnings roll inIn a recent trading session, the Nasdaq index took a hit as chip stocks continued their downward spiral, amid diverging results from major ...
- US banks post strong profits, but inflation and rate risks cloud outlookMajor US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue....
- US stocks: Citi profit jumps 40% with higher investment banking, services and wealth revenueCitigroup has reported a remarkable 40% jump in its third-quarter profits year-over-year, despite some declines in other areas. Trading rev...
- Earnings Tracker: HDFC Bank, HCL Tech, Wipro among 129 companies set to report Q2 results this weekAs many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro a...
- Wall Street Week Ahead: Bank earnings, CPI headline busy markets week as S&P 500 hovers near recordsU.S. stock investors are on high alert as they anticipate quarterly earnings reports from major banks, including JPMorgan and Goldman Sachs...
- US stocks: US market posts weekly gains with earnings, inflation data on tapWall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo a...
- Global Market: European companies set for 21% Q3 earnings growth, led by energy firmsEuropean companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However,...
- Inside 11-quarter high earnings pomp, 46 companies may wipe out up to 84% of their Q2 profitsAt least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for i...
- Global Market: Kospi slips as Samsung, SK Hynix decline before earningsSouth Korean shares fell after the holiday break, with the KOSPI declining 0.49% as chipmakers weakened ahead of Samsung Electronics’ third...
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