Meta shares fall up to 7% on increased spending plans, user growth concerns
For the ongoing quarter, Meta expects sales to range between $58 billion to $61 billion, mostly in-line with expectations.
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Microsoft raises 2026 capex guidance to $190 billion but cloud biz growth lags peers
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…
Amazon shares rise in afterhours trade on Q1 results beat, strong AWS growth
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 Q1 results beat estimates, spending may rise to $190 billion; Stock jumps
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…
Powell’s final call: Fed holds rates amid sharp divide
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.
RPG Life Sciences Q4 profit tanks 74%, but revenue up on strong formulations growth; declares dividend
Shares of RPG Life Sciences Ltd ended at ₹2,024.05, down by ₹34.70, or 1.69%, on the BSE.
Indegene Q4 net profit falls 32% despite record ₹1,003 crore revenue, declares dividend
Shares of Indegene Ltd ended at ₹497.70, down by ₹2.05, or 0.41%, on the BSE.
Waaree Energies Q4 profit jumps 75%, revenue more than doubles as solar business surges
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.
KFin Tech Q4 revenue rises 23%, but profit dips and margins shrink; ₹12 dividend announced
KFin Technologies Q4 FY26 revenue rose 22.9 percent but net profit fell 4.6 percent as margins narrowed, international business grew strongly, and a dividend of 12 per share was proposed
Oil surges 7% as US plans prolonged Iran blockade, pushing Brent above $119
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.