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2 mins read

Oatly falls to all-time low as a short-seller accuses oat milk company of overstating revenue and misleading investors

Spruce Point Capital Management slammed Oatly's $12 billion valuation, accounting practices, and ES…

Emily Graffeo   


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3 mins read

FY21 gross state borrowings to touch Rs 7.8 L cr on covid crisis

Additionally, the FY21 estimate of gross tax revenue of the Centre at Rs 24.2 lakh crore is also li…

PTI   


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Airtel and Voda-Idea could pay DoT, but what about ₹38,000 crore from defunct telcos?

It is not just Bharti Airtel and Vodafone-Idea that are affected by the Supreme Court order which w…

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2 mins read

DoorDash slips as expectations of weaker delivery demand following vaccine rollout weigh on strong 4th-quarter revenue

"Underlying our 2021 guidance is an assumption of accelerated market reopening and a return to in-s…

Isabelle Lee   


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1 min read

Square surges 16% after reporting quarterly earnings showing a 64% jump in revenue

"Engagement during the second quarter also benefited from government funds related to the stimulus …

Carmen Reinicke   


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3 mins read

Hike in prepaid plan prices to raise telecom firms' revenues: Analysts

New Delhi, Dec 2 () Increase in prepaid plan prices by telecom operators will help them raise reven…

PTI   


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NTT India sets USD 1 bn revenue target in two years

Mumbai, Dec 8 () Japanese technology major NTT has set a target of crossing the USD 1 billion reven…

PTI   


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Tariff hike good for customers, to boost govt revenue, create jobs: COAI

New Delhi, Dec 2 () Rise in the price of mobile calls and internet rates is beneficial for customer…

PTI   


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1 min read

GoPro is skyrocketing after forecasting an adjusted profit

The action camera company announced it expects gross revenue and margins to be at the high end of g…

Seth Archer   


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1 min read

IBM drops 5% after missing revenue estimates and withdrawing full-year guidance due to coronavirus

Shares of IBM slumped after the company reported that coronavirus impacted its business and left it…

Matthew Fox   


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2 mins read

Govt estimate Rs 1.33 lakh cr revenue from telecom sector in 2020-21

New Delhi, Feb 1 () The government on Saturday increased the revenue estimate from the debt-ridden …

PTI   


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1 min read

AMD is tanking after forecasting disappointing gross margins

Chip maker Advanced Micro Devices is tanking, down 18.2%, or $2.48, at $11.14 a share, after giving…

Jonathan Garber   


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2 mins read

Build-A-Bear Workshop warns revenue could fall after disappointing 'Frozen 2' sales

Build-A-Bear previously forecast higher fourth-quarter sales; its new range pegs revenue somewhere …

Theron Mohamed   


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1 min read

RANKED: The 10 highest-grossing summer blockbusters of all time

By feeding people's hunger for franchises and action, this is the time of year when the movie busin…

Jason Guerrasio   


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4 mins read

Gross direct tax mop up dips 4.92 pc to Rs 12.33 lakh cr in FY20 due to reduction in corp tax, increase in PIT exemption

"It is a fact that the net direct tax collection for FY 2019-20 was less than the net direct tax c…

PTI   


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2 mins read

Groupon is soaring after its revenue beat

Groupon expects to exit 11 countries as part of its streamline and simplify initiative, and the com…

Tina Wadhwa   


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1 min read

The 11 top-grossing video games of all time

These are the highest-grossing games of all time, using the most recently available data from the V…

Matt Weinberger   


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2 mins read

Best Buy tanks after cutting its revenue forecast because of trade-war tariffs and 'general uncertainty' around consumer spending

The company's CFO attributed its shifted guidance to "tariffs on goods from China," "better-than-ex…

Ben Winck   


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2 mins read

Uber could rake in more than $10 billion in revenue this year, but its growth is starting to slow down

Uber is a private company, which means the company volunteers these financials to its own investors…

Melia Robinson   


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3 mins read

Oracle reports Q4 earnings: A beat on revenue

For fiscal 2016, Total Revenues were $37.0 billion, down 3% in U.S. dollars and up 2% in constant c…