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ZOOM ANNUAL FORECAST
Jefferies reduces target price for LIC Housing to Rs 700, stock up 3%Jefferies reaffirms Buy on LIC Housing Finance with a revised Rs 700 target (25% upside). Stable margins, provision reversal, and EPS growt...
Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its "High Conviction Overweight" list and raising...
Wall St ends lower as tech shares weigh; Jackson Hole in focusU.S. stock markets faced declines on Thursday with technology shares leading the fall as Treasury yields rose and global central bank offic...
Zoom lifts revenue forecast on growing demand for AI tools used in hybrid workZoom has been doubling down on efforts to integrate artificial intelligence into its products and expand its range of services and leverage...
TCS to diversify to other markets amid US weaknessThe plan to diversify more comes after the industry leader reported its slowest quarterly profit growth since 2020, and revenue contributio...
Zoom lifts annual forecasts even as growth slows from pandemic peaksZoom Video Communications Inc on Monday raised its full-year forecasts for revenue and profit even as growth winds down from a pandemic boo...
Zoom fires president Greg Tomb after laying off 1,300 employeesThe company said in a regulatory filing in the US that Tomb's contract was abruptly terminated "without cause".
S&P 500, Dow slip in final session of turbulent FebruaryFive of the 11 major S&P 500 sectors were lower on Tuesday, with defensive utilities and consumer staples leading losses.
Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targetsSan Jose, California-based Zoom forecast profit between $4.11 and $4.18 per share for fiscal 2024, compared with analysts' average estimate...
Wall Street rises on gains in Walgreens, Best BuyAt 10:07 a.m. ET, the Dow Jones Industrial Average was up 267.99 points, or 0.80%, at 33,968.27, the S&P 500 was up 19.71 points, or 0.50%,...
European shares rally sharply ahead of producer price dataThe region-wide STOXX 600 index was up 1.8% by 0722 GMT, hitting its highest level since Sept. 23 along the way, and tracking a solid rally...
Wall Street ends down as investors eye slowing economyStocks have declined in recent sessions ahead of this week's central bank gathering in Jackson Hole, where Fed Chair Jerome Powell is expec...
Nasdaq sinks over 3% after Snap warning fuels further drop in tech sharesSnap Inc plummeted 39.7%, dragging down several social media and internet stocks, after the company slashed its second-quarter earnings for...
S&P, Nasdaq close at record highs in tech-fueled rallyTuesday's rally added to Wall Street's fifth straight monthly gain and the S&P 500's strongest August advance in more than three decades, w...
S&P, Nasdaq close at record highs in tech-fueled rallyTuesday's rally added to Wall Street's fifth straight monthly gain and the S&P 500's strongest August advance in more than three decades, w...
Exports increase by 27.6% in March, imports up by 45%A huge spike in gold imports pushed the trade deficit to $10.43 billion during the month under review from $4.4 billion a year ago.
- RBI economists fear prices singeing growth
Central bank paper raises spectre of stagflation that could kill benefits of past decade's prosperity
- IT stocks rally on bullish outlook; TCS jumps 4%, Infy 3%
Shares of IT companies on Wednesday rallied in the range of 1-4 per cent on the BSE, on the back of strong demand fuelled by a stellar quar...
- China beats US as biggest auto mart
Two years ago, China zoomed past Japan to become the world’s No 2 vehicle market. Now it looks poised to pass up the United States to be th...
- Market sentiment points to imminent hike in CRR
While the government may have to douse inflation flames with duty cuts, falling food commodity prices in the us markets may help in contain...