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...
22 Aug, 2024, 08.19 AM IST
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...
15 Jan, 2024, 07.39 AM IST
Wall St subdued as deadlocked debt ceiling talks stoke default concernsTreasury bill yields rose before they fell midday, while the S&P 500 index fluctuated within a 30-point range. Strategists predicted the be...
23 May, 2023, 11.27 PM IST
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...
23 May, 2023, 08.32 AM IST
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".
06 Mar, 2023, 01.58 PM IST
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.
28 Feb, 2023, 10.27 PM IST
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...
28 Feb, 2023, 09.56 AM IST
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%,...
22 Nov, 2022, 11.18 PM IST
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...
04 Oct, 2022, 01.17 PM IST
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...
24 May, 2022, 08.58 PM IST
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...
02 Sep, 2020, 07.54 AM IST
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...
02 Sep, 2020, 06.49 AM IST
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.
14 Apr, 2017, 10.36 AM IST
- RBI economists fear prices singeing growth
Central bank paper raises spectre of stagflation that could kill benefits of past decade's prosperity
03 May, 2011, 05.29 AM IST
- 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...
04 Aug, 2010, 08.38 PM IST
- 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...
05 Feb, 2009, 12.40 AM IST
- 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...
29 Mar, 2008, 01.32 AM IST