In the latest developments surrounding Amazon, investors and analysts have shared their reactions to the tech giant’s third-quarter results. Notably, Jim Cramer, a seasoned market analyst, closely examined the financial report released by Amazon on Thursday. The report revealed that the company is taking significant cost-cutting measures in 2023, resulting in the layoff of thousands…
Nvidia, the renowned chipmaker and leader in artificial intelligence (AI) technology, continues to receive support from its Big Tech counterparts. Microsoft, Alphabet, Meta Platforms (formerly known as Facebook), and Amazon, all major players in the tech industry, have recently announced their ongoing investments in AI advancements. This is great news for Nvidia, as these companies…
Billionaire hedge fund tycoon Steve Cohen is optimistic about the future of the US economy and financial markets, stating that he does not anticipate a deep recession or a prolonged market downturn. In fact, Cohen believes that any downturn that does occur could be similar to a “fake scare” that briefly unsettles investors before quickly…
Intel, Dexcom, Stanley Black & Decker, Juniper Networks, Deckers Outdoor, Chipotle Mexican Grill, Enphase Energy, Amazon, Chevron, Ford Motor, and Capital One are the companies making headlines in midday trading. Starting with Intel, the chipmaker’s shares surged 9.6% after reporting better-than-expected third-quarter results. The company also provided a strong guidance for the current quarter, and…
BPCL Achieves Highest Half-Yearly Profit and Reports Strong Financial Results Mumbai, October 28, 2023 – State-owned company BPCL announced its highest ever half-yearly profit of Rs 19,052 crore, along with impressive financial results for the second quarter of FY 23-24. In the quarter ending September 2023, BPCL recorded standalone revenue from operations of Rs 1,16,594…
Reliance Industries, led by billionaire Mukesh Ambani, has reported a robust 27% year-on-year increase in net profit for the quarter ending September 30th. The company’s net profit reached ₹17,394 crore, while revenues rose 1% to ₹2.32 lakh crore. This performance exceeded expectations and was driven by all three business segments firing on all cylinders. The…
Intel’s stock saw a significant 10% jump on Friday following the company’s surpassing of Wall Street’s profit and sales expectations. The chipmaker reported adjusted earnings per share of 41 cents, higher than the estimated 22 cents by LSEG. Moreover, Intel generated $14.16 billion in revenue for the quarter, outperforming analyst predictions of $13.53 billion. However,…
Menopause, typically seen as a normal occurrence in humans, has been found to have a peculiar aspect when observed in wild animals. Researchers have identified menopausal symptoms in only six mammal species, most of which live in aquatic environments. Human beings exhibit unique behaviors compared to other species. We have developed social structures and achieved…
Parliament LIVE: Sonia Gandhi Leads Opposition Charge on Women’s Reservation Bill, Demands OBC Inclusion As the credit war between the BJP and Congress continues over the Women’s Reservation Bill, the Lok Sabha started a debate on the bill today. Congress leader Sonia Gandhi led the charge for the opposition, expressing hope that the bill would…
Infosys founder Narayana Murthy’s advice to young people in India, calling on them to work 70 hours per week, has sparked a strong reaction from other entrepreneurs and leaders. While extended working hours can increase productivity, many argue that a balanced approach is equally important. During a podcast, Murthy stated that if India wants to…
