According to Chief Executive Officer Shantanu Narayen, Adobe’s performance for the most recent fiscal year exceeded forecasts, demonstrating the company’s “growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools.”
Oracle Corp. reported revenue of $16.06 billion for the second quarter of its fiscal year, implying a growth of 14% from last year. However, the figure was lower than the $16.21 billion estimate from analysts tracked by Bloomberg.
The airline went on to add in its exchange filing that the overall financial impact cannot be quantified at this stage.
The markets are also taking cognisance of the fact that while Powell and the Fed Dot Plot, an individual projection of Fed officials on the future interest rate path, may have projected only one cut for next year, there will…
The S&P 500 rose 0.4% and inched closer to its record, which was set in October. The Dow Jones Industrial Average added 386 points, or 0.8%, as of 2:34 p.m. Eastern time, and the Nasdaq composite edged up 0.1%.
In a statement released after a two-day meeting, the Fed’s rate-setting committee signalled that it may keep its rate unchanged in the coming months. And in a set of quarterly economic projections, Fed officials signalled they expect to lower rates…
TCS has acquired US-based Coastal Cloud for $700 million, boosting its global Salesforce strength and accelerating its AI-first transformation strategy with 400+ multi-cloud experts.
Indian investors are steadily moving beyond single-asset strategies, with multi-asset funds, hybrid products, and select global schemes witnessing sustained inflows through 2025. According to Axis AMC’s B. Gopkumar, this shift reflects a structural change in how retail participants approach risk,…
Kotak Securities’ Shripal Shah and Shrikant Chouhan share their 2026 outlook, projecting Nifty at 29,000 with a bull case of 32,000. They highlight strong domestic flows, improving earnings, and leadership from BFSI, IT, healthcare and hospitality sectors.
Tata Steel acquires Thriveni Pellets stake, expands Neelachal Ispat Nigam, and plans new plant in Jamshedpur. Key updates from Mazagon Dock, Cipla, SBI, LIC. Here are few stocks to watch ahead of Thursday’s trading session.