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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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5 mins read

China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.

China is Starbucks' second-biggest market but analysts question how well its format and prices work…

Grace Dean   


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2 mins read

Tata Motors shares slump 4% on poor sales data

On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …

PTI   


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2 mins read

Gucci sales hit by Asia slump, faces profit and stock decline

Gucci, Kering's largest brand, saw an 18% decline in revenue in the first quarter.

Meghan Morris   


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7 mins read

The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns

Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…

Jordan Hart,Dan Latu,Avery Hartmans,Paige Leskin   


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4 mins read

The AI hype train is still running at full tilt just don't ask where the profits are

Billions of dollars have flowed into AI companies, but it's still unclear if returns on this invest…

Hasan Chowdhury   


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3 mins read

The Hollywood box office is slumping. 'The Fall Guy' could change that.

Thanks to the WGA and SAG strikes, summer movie season is getting a new kickoff after roughly 17 ye…

Jason Guerrasio   


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2 mins read

Tesla just launched a new souped-up Model 3 as it battles slumping sales

Tesla announced a new version of its Model 3 Performance sedan ahead of its quarterly earnings repo…

Kelsey Vlamis   


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1 min read

Suzlon Energy Q1 consolidated net profit slumps 96% to ₹101 crore

The company's net revenue in the first quarter of this fiscal also came down to ₹ 1,348 crore from …

PTI   


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1 min read

Uber stock slumps despite first quarterly operating profit ever

CEO Dara Khosrowshahi said the company achieved its first quarter of operating profit and its first…

Phil Rosen   


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3 mins read

GAIL's net profit slumps 77 pc due to Russia-Ukraine war: CMD

The standalone net profit plunged 77.5 per cent year-on-year to Rs 603 crore in the fourth quarter …

ANI   


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2 mins read

Market resilience prevails: Sensex-Nifty rally to close higher despite initial slump

The BSE Sensex surged by 305.09 points, closing at 73,095.22, while the Nifty50 climbed 76.30 point…

ANI   


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2 mins read

Stock markets snap six-day rally; Sensex slumps over 400 points

Similarly, the broader Nifty also paired all its intra-day gains before closing 141.90 points o…

PTI   


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2 mins read

Zee horror show: Stock slumps over 32% after merger with Sony is called off

The stock of Zee Entertainment Enterprises slumped 9.9% in early morning trade, a day after Sony ca…

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5 mins read

The fertility business is booming as startups go after big profits in a $54 billion market, even as other healthcare companies slump

Fertility companies like Kindbody and Progyny are thriving, with surging demand and big profits.

Rebecca Torrence   


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2 mins read

Market prophet Gary Shilling expects S&P 500 returns to slump — and warns a recession could stretch into 2025

Legendary forecaster Gary Shilling issued a gloomy outlook for the stock market and predicted a loo…

Theron Mohamed   


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2 mins read

Nestle India Dec quarter profit rises over 4% to ₹655.6 crore

FMCG major Nestle India Ltd on Wednesday reported an increase of 4.38 per cent in its net profit at…

PTI   


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3 mins read

Beyond Meat plans to hike prices and sharply cut costs as part of a huge turnaround plan to fight slumping sales of plant-based meat

Beyond Meat's US sales fell by a third in 2023. The company attributed it to "misinformation," sale…

Grace Dean   


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3 mins read

The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns

Larry McDonald, the founder of "The Bear Traps Report," predicts the main US stock index will plung…

Theron Mohamed   


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3 mins read

Sensex, Nifty slump following global market cues

The market is delicately poised with strong headwinds and some tailwinds, say analysts. The headwin…