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'Like rooting for Michael Jordan to play baseball': Here's how Wall Street is reacting to Alphabet's third-quarter earnings

"Regulatory headwinds persist, competition is dynamic, and we believe the darkest days of this down…

Matthew Fox   


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1 min read

Stellar third-quarter earnings will revive the tech-stock rally and power the sector to double-digit gains, Wedbush says

Tech will shake off investors' worries about bonds and the Israel-Hamas war to post double-digit ga…

George Glover   


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Amazon's market value set to jump $60 billion after strong third-quarter earnings smash Wall Street's expectations

Strong numbers for Amazon's cloud division helped push the Big Tech stock up more than 5% in Friday…

George Glover   


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Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…

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Foreign investors continue to remain net buyers in India stocks for third month

Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in In…

ANI   


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China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over

March retail sales and industrial output fell short of forecasts. First-quarter new home sales slum…

Huileng Tan   


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6 mins read

Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?

In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…

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Global iPhone shipments fell 9.6% in the first quarter, another sign of Apple's woes this year

Samsung shipped the most smartphones in the first three months of the year, according to a new repo…

Shubhangi Goel   


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4 mins read

'Tough near-term setup': Here's what Wall Street expects from Apple's 2nd-quarter earnings

JPMorgan said investor expectations could be so bad that even a slight revenue miss from Apple coul…

Matthew Fox   


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TCS expects the BFSI needle to start moving this quarter

India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …

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Home prices continued to soar higher across the US in the 4th quarter

Home prices in the US rose 6.5% on an annual basis in the last three months of 2023, according to t…

Yuheng Zhan   


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4 mins read

A third of hiring managers don't want to hire Gen Z or older workers

Thirty-six percent of hiring managers show bias against Gen Z job applicants, and 34% are biased ag…

Tim Paradis   


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Investors bought a record 26% of the affordable houses in the US last quarter

"If the Fed cuts interest rates later this year as expected, we may see more investors wade into th…

Yuheng Zhan   


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IDBI Bank posts 60% growth in profit in third quarter

The Bank's interest income went up 13 per cent to Rs 5,231 crore, against Rs 4,624 crore in the yea…

ANI   


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Stock market today: US stocks mixed as traders look to lock in best first quarter in 5 years

The benchmark index is up roughly 10% in the first three months of the year, while the Dow and Nasd…

Phil Rosen   


John L. Dorman   


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Billionaire investor Stanley Druckenmiller dumped Alphabet and Amazon last quarter and piled further into AI winners Nvidia and Microsoft

Stanley Druckenmiller's Duquesne Family Office increased its stake in Microsoft, while buying call …

Filip De Mott   


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Warren Buffett's company slashed its Paramount and HP stakes last quarter — and owned at least one secret stock

Warren Buffett's Berkshire Hathaway pared or exited several of its stock bets in the fourth quarter…

Theron Mohamed   


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Wipro CEO expects revenues to rebound in the next few quarters

After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…

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A video appears to show a lone Ukrainian soldier fending off 10 Russian soldiers in close-quarter trench battle

The video features intercepted Russian communications in which an exasperated commander orders his …

Alia Shoaib