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2 mins read

Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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1 min read

HDFC Bank Q2 profit soars 5% to ₹16,821 crore

Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…

PTI   


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1 min read

Tesla says the Cybertruck is already profitable

Less than a year after the first deliveries, Tesla's Cybertruck turned a profit.

Nora Naughton   


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2 mins read

Hindustan Unilever shares tumble over 6% post Q2 results

Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…

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3 mins read

Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead

Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised its fore…

Matthew Fox   


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8 mins read

How investors are about to profit from a tidal wave of new homes

Builders have too many new homes on their hands. But before they slash prices, they have another op…

James Rodriguez   


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2 mins read

Profits jump at British Airways' owner as rivals struggle with Boeing delivery delays

IAG posted a 15% rise in third-quarter operating profit after increasing passenger revenues and avo…

Pete Syme   


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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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Disney stock surges as rare 3-year forecast sees strong profit growth ahead

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company …

Kelly Cloonan   


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1 min read

Chipotle says ensuring 'consistent and generous portions' has taken a toll on its profitability

Chipotle executives said a recent focus on portions sizes, as well as unusual price trends for avoc…

Dominick Reuter