Samsung Electronics Q1 operating profit jumped eightfold to a record on AI driven chip price gains, with revenue up 69 percent, and Samsung expects further earnings growth
For the ongoing quarter, Meta expects sales to range between $58 billion to $61 billion, mostly in-line with expectations.
Microsoft now expects current quarter revenue to be between $86.7 billion to $87.8 billion, the mid-point for which, at $87.25 billion is lower than estimates of $87.53 billion. Azure will continue to grow between 39% to 40% in constant currency…
For the ongoing quarter, Amazon expects sales to range between $194 billion and $199 billion, higher than the $188.9 billion estimate and operating income to be between $20 billion to $24 billion, compared to estimates of $22.65 billion.
Alphabet CEO Sundar Pichai said that the company’s enterprise AI solutions have become their primary growth driver for the cloud business for the first time. He also added that their cloud revenue would have been higher had they managed to…
US Federal Reserve holds rates steady amid deepest split since 1992, oil prices surge on Iran tensions, markets slip as Kevin Warsh advances toward Fed chair.
Shares of RPG Life Sciences Ltd ended at ₹2,024.05, down by ₹34.70, or 1.69%, on the BSE.
Company’s board has recommended a final dividend of ₹2 per equity share taking the total dividend for FY26 to ₹4 per equity share, on face value of ₹10 each.
Shares of Indegene Ltd ended at ₹497.70, down by ₹2.05, or 0.41%, on the BSE.
Oil prices surge as the US prepares for an extended blockade of Iran, with WTI and Brent jumping and markets bracing for prolonged Strait of Hormuz tensions.