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Nvidia CEO Jensen Huang defends Blackwell design problems in post-earnings interview, promising 'billions' in Q4 revenues
Nvidia CEO Jensen Huang remains optimistic about prospects for its forthcoming Blackwell chip despi…
Erin Snodgrass
'Unbelievable demand' for weight-loss drugs sends Eli Lilly stock soaring 14% after earnings
"We just see unbelievable demand, and we're not even trying that hard to promote this drug. We're n…
Matthew Fox
Stock market today: Indexes dip after Meta earnings and new labor-market data
The losses come despite strong Meta earnings as investors focus on weekly jobless claims data that …
Kelly Cloonan
Infosys slashes FY24 growth guidance by more than half as clients defer decisions, starting dates
Infosys has cut its revenue guidance for the financial year by more than half. The company said on …
Stock market today: Indexes end lower as investors brace for major earnings results
Indexes were lower as investors braced for Tesla and Alphabet's earnings reports.
Filip De Mott
IT demand is ‘normalising’ after pandemic highs, says Wipro CEO
Tech major Wipro’s MD & CEO Thierry Delaporte said on Thursday that technology investments are norm…
Wipro clocks 12% net profit in Q1; attrition rate falls
Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …
Big Tech is preparing to report its earnings. The results could make or break the AI rally.
Firms including Amazon, Apple, Meta, and Microsoft will report earnings this week — and investors …
Hasan Chowdhury
'Gaining share': Here's what Wall Street expects from Amazon's 2nd-quarter earnings
"There are some signs of consumer softening, but we think Amazon is gaining share," Bank of America…
Matthew Fox
Chip stocks try to rebound as TSMC earnings lift hopes after steep sell-off
Chip stocks including TSMC, Nvidia, and AMD were up Wednesday after TSMC reported strong quarterly …
Kelly Cloonan
CrowdStrike's reputation has a 'major black eye.' Earning back customers' trust will be an uphill struggle.
Crisis management will likely be top of the agenda for CrowdStrike after an IT outage sparked globa…
Jyoti Mann
'A growth turnaround beginning': Here's what Wall Street expects from Apple's 3rd-quarter earnings
Apple is on deck to report third-quarter earnings. Analysts are focused on the company's AI initiat…
Jennifer Sor
Tech stocks tumble after Accenture guidance signals weak demand ahead
India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…
'Potential boost from TikTok uncertainty': Here's what Wall Street expects from Meta's 2nd-quarter earnings
"Our 2Q advertising checks and time at Cannes suggest that the broader online advertising market is…
Matthew Fox
As markets start to turn, consulting will be first to pick up: Wipro CEO
Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…
AI could help predict the financial earnings of companies as large as Apple, researchers say
A group of University of Chicago researchers found that GPT-4 outperformed human financial analysts…
Lloyd Lee
Stock market today: Indexes pop after Nvidia's blowout earnings report
Nvidia cleared a high bar, impressing investors with a big earnings beat and announcing a 10-for-1 …
Max Adams
Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …
Max Adams
Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations
Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…
Infosys raises revenue guidance for FY23 to 16-16.5%, revenue growth beats analyst expectations
Indian IT major Infosys raised its revenue growth guidance for FY23 to 16-16.5% in constant currenc…