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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...
US Stocks: GE Aerospace raises 2026 profit forecast as services strength drives growthGE Aerospace has increased its 2026 adjusted earnings forecast due to continued demand for engine maintenance. The demand for spare parts r...
Hasbro raises annual revenue forecast on strong demand for digital gamesHasbro has raised its fiscal 2026 revenue outlook, spurred by impressive growth from its digital game sector. The company saw marked increa...
European stocks extend slide as French protests dent risk appetitePolitical turmoil in France has cast a shadow over European markets, leading investors to adopt a more cautious stance. The STOXX 600 index...
Netflix faces questions on user engagement ahead of third-quarter reportTed Sarandos, the co-CEO of Netflix, recently admitted the company "is not growing as fast as I want us to", and suggested live programming...
European shares close out best week since June as earnings soften blow from tech selloffEuropean shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. ...
Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upsideNuvama Institutional Equities has initiated coverage on Laurus Labs with a ‘Buy’ rating and a target price of Rs 2,520, implying a 24% upsi...
Schneider Electric raises 2026 targets again on booming data centre demandSchneider Electric has achieved a record revenue of €11.46 billion in the third quarter, exceeding analyst projections. The company has adj...
Wipro shares rise over 2% as Q2 revenue grows 9% YoY. What are Nomura, Goldman Sachs analysts saying?Wipro reported a 9.1% year-on-year rise in Q2FY27 revenue to Rs 24,752.7 crore, while net profit fell 1.9% to Rs 3,201 crore. The IT major ...
Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...
Indian consumer firms face margin squeeze despite strong quarterly salesIndian FMCG companies are expected to report narrower September-quarter profit margins despite double-digit sales growth, as rising raw mat...
HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ...
Freshworks to acquire Torii to expand AI spend management capabilitiesThe acquisition will help Freshworks provide businesses with greater visibility into their software applications, licences, user identities...
Micron Technology stock crash today: Why is MU share price at Nasdaq down on Monday?Micron Technology stock today: MU share price at Nasdaq was down on Monday. Chipmaker Micron in September forecast quarterly revenue above ...
TSMC expected to report sixth straight quarter of record profit thanks to AI boomAnalysts say demand for Taiwan Semiconductor Manufacturing Co's (TSMC) AI chipmaking capacity, as well as its advanced chip packaging techn...
FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
US stocks: Marvell raises 2028 revenue forecast on strong AI data center demandMarvell has increased its revenue forecast for 2028 to around $20 billion due to strong demand. The company's shares surged nearly 9% in ea...