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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...
Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh inShares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, ...
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...
IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifiesWall Street closed higher as semiconductor stocks rebounded sharply, lifting major indexes despite tariff tensions and Middle East risks. I...
Global Market: European lenders brace for solid Q2 results despite geopolitical uncertaintyEuropean banks are set to report another quarter of resilient earnings, supported by steady loan growth, higher interest rates, strong trad...
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...
Netflix shares tumble over 10% as slowing growth, less viewership data spook investorsNetflix recently saw a significant drop in its share prices following a forecast that indicated slower revenue growth. Additionally, the st...
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...
Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refiningReliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable g...
Netflix earnings forecast disappoints Wall Street, shares tumbleNetflix projected third-quarter revenue and earnings below Wall Street expectations. The company will now release viewing-hours reports ann...
Global Market: TSMC to invest additional $100 billion in Arizona, raises capex on booming AI demandTSMC will invest an additional one hundred billion dollars in Arizona facilities. This expansion underscores strong confidence in future ar...
TSMC to invest another $100 billion in US as Q2 profit blows past forecastsTSMC will invest an additional $100 billion in Arizona, expecting robust AI demand. The company raised its capital spending forecast signif...
TSMC posts 77% profit jump for Q2, surging past market expectationsTaiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial ...
Global Market: TSMC likely to post record Q2 profit as AI chip demand powers growthTaiwan Semiconductor Manufacturing Co. is expected to report another record quarterly profit. Robust global demand for artificial intellige...
TSMC's second-quarter profit seen hitting record on AI boomAnalysts said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as...
Pentair shares dip 17% on dour forecast amid weak pool salesPentair shares dropped sharply after the company cut its annual forecast, citing weak demand in its pool segment. High interest rates and i...
Tech Mahindra Q1 Preview: Will the IT company surprise investors with its earnings?Tech Mahindra is expected to post modest June-quarter revenue growth, led by continued strength in its telecom business, while margins are ...