Latest Updates Around The World
CoreWeave said it expects capital expenditures of between $30 billion and $35 billion in 2026, sharply higher than the $14.9 billion it spent in 2025. Shares of CoreWeave fell more than 8 percent in after-hours trading on Thursday after the Nvidia-backed AI cloud infrastructure company unveiled plans to nearly double capital spending this year even […]
LG Electronics India saw its net profit decline 61.6 percent in Q3FY26 due to margin pressure as subdued sales impacted operating leverage, along with higher input costs for copper and aluminum and currency-related headwinds. Net sales in the quarter fell 6.4 percent to Rs 4,114 crore in the October-December quarter. “Despite lower than expected post-festive […]
Infosys’ ADRs fell nearly 2% on Wednesday after the company reported its December quarter results, as investors weighed a modest profit decline and margin pressure against stronger revenue performance and an upward revision to full-year growth expectations.India’s second-largest IT services company reported a consolidated net profit of Rs 6,654 crore for the third quarter, down […]
Shares of Tesla fell 4.4% on Thursday after the Elon Musk-led electric vehicle maker extended its streak of earnings misses into a fourth quarter, even as sales hit record highs. Rising costs and declining revenue from highly profitable regulatory credits are squeezing Tesla’s margins, underscoring that even the EV maker is feeling cost pressures rippling […]
