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1 min read
Wipro takes $14-16 million Covid-19 hit in Q4 skipping guidance and increments
The pressure of the pandemic has started to reflect in fourth-quarter earnings of IT giant Wipro.…
6 mins read
HCL Tech projects its revenue to grow between 6-8% in FY24
Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…
4 mins read
Moderating FPI outflows suggest QT cycle could be peaking says report
FPI flows have begun moderating, according to a report by ICICI Securities. The report says that th…
2 mins read
Here's why analysts expect HCL Tech will outperform TCS, Infosys, and Wipro
The third quarter is generally not the strongest quarter of the year for most IT companies. Earni…
3 mins read
Infosys to report Q3 earnings today — Here’s what to expect
Furthermore, stress from weakness in the US capital market as tensions with Iran continue to ris…
2 mins read
Tesla can weather an economic storm, but some of its guidance isn't adding up, Gene Munster says
Tesla had a strong fourth quarter, though some of the guidance figures are difficult to interpret, …
Jennifer Sor
8 mins read
Infosys reports record $7.13 billion deal wins — raises revenue guidance after its best December quarter in eight years
Infosys delivered another blockbuster quarter, led by its largest-ever deal wins so far worth $7.13…
2 mins read
Infosys had a great year but CEO Salil Parekh expects the next one to be more than twice as good
The Bengaluru-based technology services giant has issued a revenue growth guidance of 12% to 14% fo…
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…
3 mins read
How to start a cleaning business, from a millennial founder who booked $150,000 in revenue last year
Kaylie Hill has 1.1 million followers on TikTok who watch her clean homes and learning organization…
Alexandra York
6 mins read
Record breaking quarter for Indian IT services is a given — all eyes are now on guidance
It turns out that the market expects the following three months, January to March 2021, to be as…
2 mins read
Murthy Mantra Working For Infy, But Should You Go Gung-ho?
Infosys seems to be back on track, slowly making its way to the pole position it has lost for some …
2 mins read
Amazon said a strong dollar cost it $900 million more than expected in the past quarter
The US currency has jumped nearly 16% in 2022, thanks to aggressive Federal Reserve interest rate h…
George Glover
2 mins read
Oracle sinks after posting disappointing sales growth and guidance
Oracle posted $10.09 billion in sales in its third-quarter fiscal year 2021 earnings report on Wedn…
Will Daniel
2 mins read
US futures rise and the dollar steadies as investors brace for the Fed's upcoming meeting and Big Tech earnings
US futures gained momentum ahead of a busy week with the Fed meeting and a slew of corporate earnin…
Zahra Tayeb
1 min read
Tech Mahindra shares surge as for the first time in over five years the management sees a 10% plus growth
Shares of Tech Mahindra surged about 8% as investors cheered the company’s double digit growth guid…
2 mins read
Meta Platforms falls 9% after registering its first quarterly revenue drop in history as it still reels from Apple privacy change
"We seem to have entered an economic downturn that will have a broad impact on the digital advertis…
Matthew Fox
2 mins read
Infosys has raised full-year growth guidance— the stock market was a step ahead of it
Infosys’ earnings for the third quarter posted a 23% increase in profit and xx% growth in revenue…
2 mins read
Top comments and highlights from Infosys Q2 earnings press conference
Infosys second quarter earnings surprised market by reporting earnings closer to the upper end of t…
2 mins read
Wipro has clocked in its highest margin in over five years
Wipro has posted a strong performance in its third-quarter earnings as its business grew across ver…