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Freeport-McMoRan announced a slower-than-expected recovery at its Grasberg mine in Indonesia following a fatal flood. The company now anticipates only 65% production restoration by the second half of the year, down from 85%, impacting its ability to meet surging global copper demand. This delay, attributed to equipment modifications for wetter ore, also pushed back a...
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Nifty extended losses amid weakness in key sectors, facing resistance near moving averages. Analysts highlight a crucial trading range for direction while recommending select stocks showing bullish breakouts, strong momentum, and accumulation supported by rising volumes
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Honeywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. industrial giant’s business, sending shares down 2.3% in morning trade.
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U.S. stock indexes opened lower on Thursday as investors remained cautious amid uncertainty surrounding the U.S.-Iran conflict. Mixed corporate earnings reports also contributed to the subdued market sentiment, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experiencing declines at the opening bell.
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American Airlines cut its 2026 profit forecast on Thursday, pushing the lower-end of the range to a loss, as sky-high jet fuel costs driven by the Iran war hurt profit margins.
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Aurum PropTech reported strong revenue growth and crossed a major ARR milestone while posting consecutive profitable quarters. Margin expansion, improved unit economics, and platform scaling supported performance despite ongoing investments and acquisitions across its proptech ecosystem
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Equity markets fell for a second session as IT, auto and financial stocks weighed on sentiment. Nifty and Sensex declined, volatility rose, and analysts highlighted key technical levels amid mixed global cues and selective stock buying interest
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L&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engineering and ai services, alongside steady deal wins and stable demand across segments
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