Nasdaq’s fall was led by AMD, which fell 17%. AMD’s fall took other chipmaker stocks along with it. Nvidia’s shares fell 3.5%, Broadcom fell nearly 4%, Qualcomm did well in regular trading but tanked afterhours. Other bigtech names like Alphabet,…
Shares of Microsoft, which fell as much as 7.5% in extended trading, recovered those losses but are still down around 1.5%. The capex announcement led to a post-closing rally in shares of Broadcom, which gained as much as 6%, while…
There has been a consistent effort from Qualcomm to diversify its client base into cars, PCs and data centers, but these new avenues have not grown enough to offset the shortfall in its core business yet.
US stocks fell on Wednesday, February 4, as technology shares came under pressure. The S&P 500 declined 0.4% and the Nasdaq 100 dropped 1.5%, marking its second straight day of losses. Semiconductor stocks led the selloff, with AMD down 16%,…
Lupin has launched topiramate extended-release capsules (25 mg, 50 mg, 100 mg, 200 mg) in the US after FDA ANDA approval. The capsules are bioequivalent to Trokendi XR and are indicated for partial-onset and generalised seizures, Lennox-Gastaut syndrome, and migraine…
Axis Mutual Fund’s Shreyash Devalkar and Ashish Naik believe 2026 is shaping up as a year of more realistic equity returns, improved valuation comfort in large caps, and renewed focus on disciplined asset allocation. With the India–US trade deal offering…
Timken India Ltd reported a 30.3% decline in Q3 net profit to ₹54.5 crore on rising costs, even as revenue grew 14% to ₹779.6 crore. EBITDA fell 8.8% to ₹101 crore, with margins contracting to 13% from 16.2% year-on-year.
Revenue and EBITDA grow year-on-year; company declares ₹9 interim dividend as festive-led demand boosts logistics volumes.
Coal India Ltd on February 4 approved a ₹3,189.54-crore equity investment in its subsidiary Bharat Coal Gasification and Chemicals Ltd to fund a 0.66 MTPA ammonium nitrate project. The company also granted in-principle approval for a ₹3,132.96 crore equity infusion…
Warburg Pincus will increase India investments, focusing on family firms and global growth, with recent deals in Appaswamy Associates and IDFC First Bank.