Paytm Changes Business Strategy: Profit Before Tax to be New Benchmark for Profitability

Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]

Air India Cuts Losses by 60% to ₹4,444 Crore Amid Strong Revenue Growth and Market Consolidation

Tata Group-owned airline, Air India, has significantly reduced its losses for FY24, slashing them by 60% to ₹4,444.1 crore. In comparison, the airline had posted […]

NIO Reports Record Q2 2024 Deliveries and Improved Margins, Sets Positive Outlook for Q3

NIO, a leading Chinese electric vehicle (EV) maker, released its Q2 2024 earnings report, highlighting significant growth in deliveries and improvements in financial metrics. Key […]

Salesforce Q2 Earnings: Record Margins, Strong Revenue Growth, and Optimistic FY25 Guidance

Salesforce Q2 Earnings Highlights: Salesforce reported strong financial results for the second quarter, surpassing analysts’ expectations. The company posted an adjusted earnings per share (EPS) […]

CrowdStrike Q2 FY25: Strong Revenue and EPS Growth, Slightly Lower Guidance for Q3 and FY25

CrowdStrike Q2 FY25 Earnings Highlights: CrowdStrike reported strong financial results for the second quarter of FY25, surpassing analysts’ expectations. The company achieved an adjusted earnings […]

Tesla Q2’24 Recap: Revenue Surges to $25.5B, EPS Misses at $0.52, Strategic Focus on New Models and Profitability Targets

Earnings Per Share (EPS):   – Actual EPS was $0.52, slightly below the estimated $0.62, indicating a shortfall. Revenue:   – Tesla reported revenue of $25.5 billion, […]

Key Highlights of TCS 1QFY25: Revenue Up 1.9% QoQ, EBIT Margins at 24.7%, TCV Soft at USD 8.3bn

Highlights of the Quarter Ended June 30, 2024 – Revenue: ₹62,613 crore, up 5.4% YoY and 4.4% YoY in constant currency. – Operating Margin: 24.7%, […]

Baidu Q1 2024 Earnings Report: Solid Revenue Growth, Strong AI Cloud Performance, and Increased Operational Efficiency

Baidu Q1 2024 Earnings Highlights Revenue:– Total Revenue: ¥31.5B (Est. ¥31.43B); UP +1% YoY Profit:– Adjusted Operating Profit: ¥6.67B (Est. ¥5.73B)– Adjusted Profit per ADS: […]

Intel’s April Plunge: Worst Month in Two Decades Sparks Doubts Despite Future Revenue Hopes

Intel Corporation faced its most challenging month in over twenty years, enduring a drastic drop in share value exceeding 30% throughout April. This downturn represents […]

Apple’s App Store Surges: 15% YoY Global Revenue Growth, Noteworthy 10% Increase in China – BofA Report

In February, Apple’s App Store revenues experienced a YoY growth of +15%, with China specifically witnessing a 10% increase, according to BofA. According to SensorTower […]

JD.com Outperforms Q4 Earnings Estimates, Announces Share Buyback and Dividend, Despite Decline in Operational Income

JD(.)com Q4 Earnings Highlights: Earnings Per Share (EPS): JD.com reported an EPS of CNY5.30, surpassing the estimated CNY4.51, indicating positive performance. Revenue: The company exceeded […]

Nvidia’s Soaring Ascent: Surpasses Saudi Aramco to Become Third-Largest Global Company with $2.06 Trillion Market Cap

Nvidia, $NVDA, has recently outpaced Saudi Aramco to claim the prestigious position of the world’s third-largest public company, boasting an awe-inspiring $2.06 trillion market capitalization. […]