Here are some of the companies making news in midday trading: Salesforce, the cloud software vendor, saw its shares surge more than 7% after reporting fiscal third-quarter earnings that beat analysts’ estimates, along with an 11% increase in revenue from a year ago. Snowflake shares rallied more than 4% following strong quarterly results and an…
Rohit Sharma’s request to the BCCI for a break from white-ball cricket in South Africa despite being offered T20 captaincy has been accepted, while Jasprit Bumrah has been named his deputy for the two Tests starting December 26. Virat Kohli’s request for a break from limited-overs games too has been accepted as Suryakumar Yadav and…
CNBC’s Jim Cramer has touted Palo Alto Networks (PANW) as his top cybersecurity stock pick after the company became the first in its group to reach a $100 billion market cap. Cramer believes Palo Alto will emerge as the new champion of cybersecurity, citing its milestone as a goal achieved by its management. In Thursday…
India’s economy saw a significant growth of 7.6 percent in the September quarter of the fiscal year, marking it as the fastest-growing large economy, according to government data released on Thursday. This growth can be attributed to the improved performance by the manufacturing, mining, and services sectors. The country’s GDP expanded by 6.2 percent in…
India’s Economy Grows at 7.6% in September Quarter, Manufacturing, Mining, and Services Sectors Contribute to GDP Growth India’s economy grew at 7.6% in the September quarter of this fiscal year, making it the fastest-growing large economy, according to government data released on Thursday. The growth was primarily attributed to the better performance of the manufacturing,…
Inflation measured by personal spending rose in October in line with expectations, potentially signaling to the Federal Reserve to hold interest rates steady and consider cutting in 2024, data released on Thursday showed. The personal consumption expenditures price index, excluding food and energy prices, increased by 0.2% for the month and 3.5% year-over-year, according to…
The rise of female entrepreneurs in India is evident as women take the lead in founding some of the most valuable businesses of the millennium. The first edition of ‘India’s Top 200 Self-made Entrepreneurs of the Millennia 2023’ was launched by IDFC FIRST Private Banking and Hurun India and highlighted the top ten youngest women…
The highly anticipated iQOO 12 with the Snapdragon 8 Gen 3 chipset is set to debut in India on December 12th. This smartphone is known for its performance and gaming capabilities and is specifically designed for the younger generation. However, the iQOO 12 is adding a new focus by highlighting its camera department. The smartphone…
India’s GDP growth for the April-June quarter of the 2023-24 financial year has reached 7.8%, and in the July-September quarter, it grew by 7.6%, making it the fastest-growing major economy in the world. According to data from the Ministry of Statistics and Programme Implementation, the real GDP at Constant (2011-12) Prices in Q2 2023-24 is…
Ford Motor reinstated its 2023 guidance after withdrawing it last month due to labor strikes and negotiations with the United Auto Workers union. The announcement was made on Thursday, and the guidance now calls for $10 billion to $10.5 billion in adjusted earnings before interest and taxes, and adjusted free cash flow of between $5…
