Reports Financial News
12.01 / 03:37
COST
Reuters
economy
Trade
show
reports
2024
China's Dec trade, CPI paint mixed economic picture at start of 2024
BEIJING (Reuters) — China's exports grew 2.3% in December from a year earlier, customs data showed on Friday, adding to signs global trade is slowly turning a corner with the prospect of lower borrowing costs on the horizon, but deflationary pressures still loom.
12.01 / 03:21
Reuters
Manufacturing
Trade
show
country
reports
China posts higher-than-expected exports growth in December
BEIJING — China's exports rose more than expected in December, but failed to offset an overall decline for 2023, customs data showed Friday.
12.01 / 02:19
markets
COST
Digital
Research
wellness
stage
reports
TCS and Infosys log muted sales growth
Tata Consultancy Services (TCS) said its consolidated net profit rose 2% on-year to Rs 11,058 crore in the December quarter even as its closest rival Infosys recorded a 7.3% decline at Rs 6,106 crore, due in large part to an unprecedented cyber-attack as well as hefty wage hikes. The muted YoY numbers found an echo in the sequential performance, with TCS reporting a 2.5% QoQ drop in profits in the third quarter of fiscal 2024, while that of Infosys declined 1.7%. Meanwhile, revenue dropped 0.4% sequentially for Infosys, while it rose 1.5% for TCS.
12.01 / 02:19
Provident
Google
CEO
social
reports
International
Discord cuts 17% of workers in latest tech layoffs
Discord, the social chat and messaging startup beloved by gamers, told employees Thursday that it would cut 17% of its staff, adding to the string of recent jobs reductions by tech firms. Roughly 170 jobs will be affected by the layoffs, according to an internal memo sent by Jason Citron, Discord's founder and CEO, which was seen by The New York Times.
12.01 / 02:01
12.01 / 02:01
Target
President
War
reports
US, UK launch airstrikes against Houthis in Yemen after Red Sea attacks, Rishi Sunak says 'necessary, proportionate'
Houthi rebels in Yemen amid growing crisis in oil-rich West Asia, thereby escalating a conflict in response to a string of attacks that have disrupted commercial shipping in the Red Sea. Notably, the spill over from the war between Benjamin Netanyahu's Israel and Hamas fighters in Gaza had been flagged repeatedly by US when Tel Aviv began a relentless airstrike campaign in the densely populated Gaza Strip.
12.01 / 02:01
COST
UPS
country
reports
Stocks to Watch: TCS, Infosys, M&M Ultratech Cement, LIC, HG Infra
Tata Consultancy Services: The country's largest IT firm's net profit improved 2.7% sequentially in the December quarter, and by 7% from a year earlier, to $1.41 billion. TCS reported revenue of $7.28 billion for the third quarter, representing a 1% sequential increase and a 2.9% increase from the same period a year earlier. Infosys: The firm's revenue totalled $4.66 billion, a 1.2% sequential decline and only a 0.1% improvement from the year-ago period.
12.01 / 02:01
markets
UPS
wellness
Experts
performer
reports
open
TCS, Infosys Q3 Results: Here's how both stocks are likely to open today
Infosys Q3 results: Revenue guidance to dip in profit — 6 key highlights from IT major's earnings The nervousness in the market was visible as the Nifty IT Index closed 0.28% lower on Thursday. TCS share price ended at ₹3,736.20 per share, up by 0.61% before the announcement of Q3 results, whereas, Infosys shares ended 1.62% lower at ₹1,495.00 apiece on the BSE. TCS posted a 2% year-on-year (YoY) growth in consolidated net profit, reaching ₹11,058 crore, while revenue saw a 4% increase, totaling ₹60,583 crore.
12.01 / 01:41
markets
Extreme
SUN
Trade
reports
CLSA raises concerns about India’s stretched valuation, bullish on RIL, HDFC Bank, ONGC, Infosys
In a recent report, foreign brokerage firm CLSA has expressed caution regarding the current valuation levels in the Indian stock market, describing it as not only stretched but also the most expensive large market globally.
12.01 / 01:41
UPS
Analysis
Experts
show
reports
New I-T regime may see more tweaks
Any further shift among the taxpayers to the concessional personal income tax regime from 60% reported so far will require further tweaks to make it more attractive, government sources said on condition of anonymity. A few options in this regard are under consideration, they said, but hinted that these steps might get deferred beyond the interim Budget on February 1.
12.01 / 01:41
UPS
security
Trade
reports
Department
Stocks To watch: TCS, Infosys, Polycab, LIC, Tata Power, UltraTech Cement, M&M, Container Corp
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade.
12.01 / 01:19
12.01 / 01:19
12.01 / 01:07
markets
DOW
JPMorgan
wellness
reports
Dow futures tick lower, PPI in focus
Investing.com — Stock futures are exhibiting slightly negative movement on Thursday night, as investors eagerly anticipate the release of the second of two highly significant inflation reports this week as well as quarterly results from major financial companies.
12.01 / 00:31
markets
COST
Sustainability
trends
show
reports
TCS, Infosys retain deal momentum amid a challenging scenario
TCS and Infosys reported a sustained new deal momentum during the seasonally weak December quarter amid economic uncertainties in key markets of the US and Europe. In addition, each of the companies continued to show lower employee attrition and falling headcount which reflects the muted demand outlook in the short term despite fresh deal wins.
12.01 / 00:27
markets
Platform
Analysis
Central Bank
Trade
reports
Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank
Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found.
11.01 / 23:25
11.01 / 23:07
COST
UPS
Manufacturing
security
awards
President
reports
Biden awards $623 million in grants to build out electric vehicle charging network
The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation
11.01 / 22:29
markets
Provident
Reuters
Racing
DocuSign
stage
reports
DocuSign jumps 9% on rumors of Bain Capital and Hellman & Friedman acquisition interest
Bain Capital and Hellman & Friedman are leading the race to acquire DocuSign Inc . (NASDAQ:DOCU), the prominent online signature service provider with a market valuation of around $12 billion, according to a Reuters report today, which cited people familiar with the matter. Following the report, DocuSign shares jumped more than 9% intra-day today.
11.01 / 22:29
Reuters
Tesla
DocuSign
reports
After-hours movers: AT&T, Tesla, DocuSign and more
After-Hours Stock Movers:
11.01 / 22:27
Blockchain
Ethereum
CEO
trends
President
reports
StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his role due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation.
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