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2 mins read
Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …
ANI
2 mins read
Rural demand, government spending to drive growth in the second half of FY25
Rural demand and government spending will be key drivers of India's economic growth in the second h…
2 mins read
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
2 mins read
CHART: Big Tech is going wild on AI spending next year and beyond
Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond,…
Eugene Kim
2 mins read
Chipmakers tumble as ASML forecast cut issues a growth warning to the sector
Chip stocks fell Tuesday. ASML slashed its guidance for 2025, and the sector mulled reports of more…
Kelly Cloonan
2 mins read
Coke Zero sales jump, helping Coca-Cola beat forecasts despite revenue dip
Coca-Cola also signaled in its third quarter results that it will look to non-fizzy drinks as a gro…
Polly Thompson
1 min read
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
2 mins read
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
2 mins read
Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending
Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …
Kelly Cloonan
2 mins read
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
3 mins read
The GenAI jitters: Is there enough demand for $1 trillion in AI spending?
When you build a lot of new AI data centers, it's very hard to undo that if end-demand turns out to…
Alistair Barr,Eugene Kim
3 mins read
Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's
This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…
ANI
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
2 mins read
Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending
The Ukrainian air force said Russia fired 77 Kh-101 missiles in the attack — they cost an estimated…
Rebecca Rommen
2 mins read
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report
It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.
Rebecca Rommen
1 min read
It's not just real estate and spending — another pillar of China's economy looks like it's heading for trouble, too
China's July exports grew 7%, missing expectations amid a sluggish economy.
Lian Kit Wee
2 mins read
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
2 mins read
AI turned Big Tech stocks around. But a huge sell-off shows investors are wary of the insane spending.
In April, Google's AI boss said the company plans to invest more than $100 billion over time in AI …
Huileng Tan
4 mins read
Gen Zers are spending hundreds of dollars on dirty sneakers, and parents are shocked
Golden Goose sneakers have become a status symbol with Gen Zers, who love the shabby chic design.
Lindsay Dodgson
1 min read
S&P Global ups India's growth forecast for 2024-25
S&P Global Ratings on Tuesday raised India's growth forecast for 2024-25 by 0.4 per cent to 6.8 per…