Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased
Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...
Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased
Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...
Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise
Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...
India’s forex kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase
India’s foreign exchange reserves saw a significant boost, climbing by $2.703 billion to reach $698.192 billion as of July 25, according to recent RBI data. ...
GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year
India’s Tax Treasure Chest: Decoding the Latest GST Surge India’s Goods and Services Tax (GST) continues to be a fascinating economic barometer, and the latest ...
Donald Trump’s 25% tariff: India expects minimal impact; indicates agriculture, dairy, GM food no-go areas in trade deal talks
The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining unaffected due to existing ...
India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip
India’s manufacturing sector surged to a 16-month high in July, reaching 59.1, fueled by robust order growth and output. Sales growth hit a near five-year ...
Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs
Adani Power’s net profit decreased to Rs 3,305 crore in the April-June quarter. Revenue also saw a dip, reaching Rs 14,167 crore. EBITDA stood at ...
FIIs withdraw Rs 27,000 crore in 9 days: Trump’s tariff, weak rupee spook investors; short positions at record high
Foreign institutional investors have withdrawn over Rs 27,000 crore from Indian equities amid weak earnings, Trump’s tariffs, and a weakening Rupee. Investor sentiment has been ...
Jane Street not cooperating with authorities; I-T probe faces hurdles: Report
Jane Street is reportedly not cooperating with the Income Tax Department’s investigation into alleged tax evasion and market manipulation. Access to the company’s servers is ...
