European stocks edged lower on Wednesday as technology shares declined ahead of earnings from Alphabet and Tesla, while investors monitored escalating geopolitical tensions in the Middle East. Energy stocks outperformed on higher oil prices, with markets also reacting to corporate earnings from Santander and Hiab.Read More
America’s biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putting free cash flow under pressure. Reuters’ analysis of LSEG estimates shows capital expenditure is expected to outpace free cash flow by 2027, shifting investor focus toward AI monetisation and long-term returns.Read More
The healthcare sector anticipates strong growth in domestic formulations and emerging markets. Companies with less US generics dependence will likely see broad-based growth. Specialty products and biosimilars are expected to be key growth drivers. Hospitals are projected to continue outperforming with capacity additions and improving occupancy. Margins may contract due to higher costs and new...Read More
Eternal Q1 Results: Revenue from operations surged 182% YoY to Rs 20,211 crore from Rs 7,167 crore in the year-ago period, driven by strong growth across its businesses, the company said in a regulatory filing.Read More
BPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased 23% year-on-year to Rs 1.59 lakh crore. Total expenses rose sharply to Rs 1.66 lakh crore from Rs 1.22 lakh crore a year earlier. The rise in expenses was led by higher cost of materials consumed. Refinery throughput...Read More
IBM is set to report its second-quarter earnings on Wednesday, with investors closely watching whether the technology giant can restore confidence.Read More
IBM is set to report its second-quarter earnings on Wednesday, with investors closely watching whether the technology giant can restore confidence.Read More
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