Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
KADOKAWA CEO Faces Shareholder Revolt With Historic 59.68% Support Vote
Activist investor Oasis Management criticizes KADOKAWA's AGM results where CEO Takeshi Natsuno received only 59.68% support for reappointment, down from 90.26%…
HighFishburners startup hub enters voluntary administration
Fishburners, Australia's largest early-stage startup community hub, has entered voluntary administration with KPMG overseeing restructuring. The Sydney-based o…
HighPANW Raises Guidance Amid GAAP Loss, Signaling Growth-Profitability Tension
Palo Alto Networks reported Q3 FY2026 revenue of $3.0B with raised full-year guidance, but swung to a $177M net loss from prior-year profit, raising investor c…
HighParamount Streaming Gains Offset Linear TV Declines in Q2 Results
Paramount's Q2 profit declined as streaming gains failed to offset traditional TV revenue losses, though the company raised full-year guidance and expressed co…
HighReliance, Nestle, ACC Lead Market Watch as Q2 Results Roll In
Ten major Indian companies including Reliance, Nestle, and ACC announced quarterly results with mixed performance. Reliance acquired majority stake in luxury f…
HighIntel plunges 17% on weak forecast, manufacturing woes deepen turnaround challenge
Intel shares fell 17% after CEO warned of manufacturing challenges and issued disappointing first-quarter forecasts, marking the worst single-day decline in 17…
HighNvidia's AI 'Five-Layer Cake' Powers Market Rally Despite Stock Slip
Nvidia reported blockbuster earnings with data center revenue nearly doubling, driven by surging agentic AI demand. CEO Jensen Huang announced massive supply c…
HighMicrosoft Acquires Activision Blizzard for $68.7B, Largest Gaming Deal Ever
Microsoft announced a $68.7 billion acquisition of Activision Blizzard, the largest gaming sector deal ever, positioning Xbox as the third-largest gaming compa…
HighAlphabet Q2 Earnings Beat Expectations, But Stock Falls on 2026 Capex Plans
Alphabet reported record Q2 profits of $112 billion driven by AI investments and cloud growth, but stock declined on announced 2026 capex increases.
HighSamsung hits $1 trillion valuation as AI boom and record earnings fuel rally
Samsung Electronics surged past $1 trillion market cap on strong Q1 earnings and AI investor enthusiasm, becoming Asia's second company to reach the milestone…
HighNozomi Networks Founder Returns as CEO to Lead AI-Driven Security Push
Nozomi Networks appoints co-founder Andrea Carcano as CEO to lead AI-driven innovation following the company's $1B acquisition by Mitsubishi Electric and achie…
HighCalifornia AG Halts Paramount Settlement Talks, Blocks Warner Bros. Merger Path
California's Attorney General halted settlement negotiations with Paramount over its proposed Warner Bros. acquisition, accusing the company of obstructing reg…
HighDoubleDragon's Core Profit Surges 161% as Shift to Recurring Revenue Accelerates
DoubleDragon Corp. reported a 161.89% jump in first-half core net income to P2.41 billion, driven by its strategic shift toward recurring revenues from propert…
HighInfosys Shares Surge 5% on Raised FY26 Guidance, Strong AI Demand
Infosys shares jumped 5.1% to ₹1,682 after reporting 8.9% revenue growth and raising FY26 guidance to 3-3.5%, driven by AI-led demand despite a one-time labour…
HighPersonalHour Pilates Founder Takes AI-Powered Fitness Vision to Daymond John's Platform
Nadia Yacoub, founder of PersonalHour Pilates, discussed scaling her Ohio garage startup into an AI-powered wellness ecosystem on Daymond John's business serie…
MediumGoogle Cloud hits 18% of revenue as AI reshapes Alphabet's identity
Alphabet's Google Cloud business posted 63% revenue growth to $20B in Q1, now representing 18% of total revenue—a dramatic shift from its historical role as a…
HighNvidia crushes Q1 earnings on AI chip demand, guides to $11B revenue
Nvidia reported stronger-than-expected Q1 fiscal 2024 earnings with $7.19B revenue and raised full-year guidance to $11B, driven by surging datacenter demand f…
HighTCS shares slip 2% despite strong Q4 results as analysts clash on valuation
TCS shares fell 2% despite 12% profit growth and $12B in deals, as analysts remain divided on valuation and growth prospects amid macroeconomic uncertainty.
HighTelstra must balance growth with shareholder returns, Brady's key challenge
Telstra CEO Vicki Brady faces pressure to balance stakeholder interests while delivering shareholder returns through pricing power and infrastructure investmen…
HighSleep Apnea Biotech Apnimed Raises $192M in IPO Ahead of Pill Approval
Biotech startup Apnimed raised $192 million in its IPO, valuing the company at over $600 million ahead of expected FDA approval for its once-nightly sleep apne…
HighAI agents reshape startup hiring: Founders rethink what roles need humans
TechCrunch Disrupt 2026 will feature a panel discussion on how startups integrate AI agents into their core teams, exploring the shift from traditional hiring…
HighJSW Energy, Groww, Dixon Tech in focus as Q4 results drive market moves
Multiple Indian companies reported Q4 FY26 results with mixed performance: JSW Energy saw 9% profit decline despite 41% revenue growth, while Syrma SGS deliver…
HighKuaishou shares surge 10% on Kling AI spin-off reports
Kuaishou's stock surged 10% on reports of spinning off its Kling AI video generation unit at a $20 billion valuation, with the company seeking $2 billion in fu…
MediumAsian Paints hits 52-week high on 43% profit surge, interim dividend
Asian Paints shares surged 6.6% to a 52-week high after reporting 43% YoY profit growth to Rs 994 crore in Q2, with revenue rising 6% to Rs 8,514 crore.
HighSilver Lake in talks to acquire Workday in potential blockbuster deal
Private equity firm Silver Lake is in negotiations to acquire enterprise software company Workday in a major deal that has triggered a 10-year stock surge for…
HighAixtron Raises 2026 Revenue Outlook on Strong Optoelectronics Demand
German chip systems manufacturer Aixtron raised its 2026 revenue guidance to €560M from €520M, driven by stronger-than-expected optoelectronics demand, sending…
HighMeiraGTx Swings to Profitability With Gene Therapy Leadership Overhaul
Gene therapy company MeiraGTx reported Q2 2026 revenue of $321.43M and net income of $160.72M, a dramatic turnaround from prior-year losses, alongside senior l…
HighLenskart shares in focus after 20% profit surge in debut quarter post-IPO
Lenskart Solutions reported 20% YoY profit growth to Rs 102.22 crore in Q2 FY26, with revenue climbing 20.8%. Jefferies initiated 'Buy' coverage with Rs 500 pr…
HighSuzlon Energy could rally 31% on strong Q4 execution, brokerages bullish
Brokerages remain bullish on Suzlon Energy after Q4 results showed 45% revenue growth, with most analysts targeting 20-31% upside driven by rising wind energy…
HighOpenAI proposes 5% government stake worth $42.6B to ease Washington pressure
OpenAI has proposed giving the U.S. government a 5% stake worth ~$42.6B to address political pressure, with CEO Sam Altman arguing this shares AI's financial u…
HighHut 8 Valued 33% Above Fair Value After $9.8B AI Infrastructure Deal
Hut 8 signed a $9.8b, 15-year lease for AI capacity in Texas, driving a 92% stock surge in 30 days. However, analysts value the company 33% below current price…
HighPDS Limited Posts Margin Gains, Profit Decline in Q3 FY26 Amid Global Headwinds
PDS Limited reported Q3 FY26 results with 7% GMV growth and significant 236 bps gross margin expansion, driven by procurement efficiencies and Knit Gallery int…
HighKesar India Reports 81% Revenue Growth in FY26 Amid Real Estate Expansion
Kesar India Limited delivered strong FY26 results with revenue surging 81.67% to ₹14,654.10 lacs and net profit growing 57.68%, while expanding internationally…
HighAustralian Clinical Labs shares plunge as long-serving CEO McGrath exits
Australian Clinical Labs shares fell 10.7% to record lows after announcing CEO Melinda McGrath will not renew her contract beyond August 2026, despite posting…
HighGoogle Hires Relay's Team as AI Automation Heads to Chrome
Google hired staff from shuttering AI automation startup Relay, including founder Jacob Bank, signaling plans to integrate AI agents into Chrome browser. The t…
HighLululemon slashes forecasts as new CEO O'Neill faces uphill battle
Lululemon cut its annual revenue and profit forecasts, signaling challenges for incoming CEO Heidi O'Neill as the Vancouver-based apparel maker faces softening…
HighOrd Minnett Backs Charter Hall Long WALE REIT With Buy Rating, A$4.15 Target
Ord Minnett analyst maintains Buy rating on Charter Hall Long WALE REIT with A$4.15 price target, despite consensus Moderate Sell rating and A$3.93 target.
MediumNetflix Stock Tumbles as Growth Forecast Disappoints Wall Street
Netflix's disappointing earnings forecast and plan to reduce engagement updates triggered stock decline and analyst skepticism about the company's growth traje…
HighFlutter CEO Steps Down After Earnings Miss, FanDuel Growth Slows
Flutter's CEO is stepping down following a significant earnings miss and profit guidance reduction, with shares plummeting as the company's U.S. sports-betting…
HighQ1 FY27 earnings season kicks off with TCS, GM Breweries leading slate of 10 results
Indian stock market expected to open higher on July 9 as Q1 FY27 earnings season begins with 10 companies reporting, including IT major TCS. Multiple stocks in…
HighNvidia Crushes Q1 Earnings, Stock Hits $1,000 as AI Demand Stays Strong
Nvidia reported fiscal Q1 results beating analyst estimates with $26.04B revenue and $6.12 EPS, sending shares above $1,000 for the first time as AI chip deman…
HighUPS Raises Full-Year Forecast as Shipping Pressures Ease, But Stock Falls
UPS raised full-year guidance after reducing Amazon deliveries, but stock fell as investors questioned the modest outlook. CEO signals the company has weathere…
HighYatsen shifts strategy: slowing acquisitions to focus on skincare R&D
Chinese beauty firm Yatsen Group plans to slow acquisitions and focus on expanding existing skincare brands while maintaining 3-4% R&D spending after years of…
HighPidilite, Britannia, SBI lead earnings watch; renewable energy boom accelerates
Multiple Indian companies including Pidilite, SBI, Britannia, and Lupin reported strong Q4 FY26 earnings with double-digit profit and revenue growth, driven by…
HighAmazon and Microsoft Both Surge on AI Growth Despite Different Revenue Patterns
Amazon and Microsoft both report strong AI-driven revenue growth, with AWS and Microsoft cloud services expanding 28-29% YoY, though Amazon maintains higher ov…
HighNintendo Profit Surges 54% Despite Sales Decline; SoftBank Stumbles
Nintendo's profit jumped 54% despite lower sales, while SoftBank's net income fell 18% year-on-year, highlighting market preference for earnings momentum over…
HighAutoliv Posts Record Sales But Türkiye Exit Costs Weigh on Q2 Earnings
Autoliv reported Q2 2026 revenue of $2.8B, up 3% YoY, but net income fell due to $90M Türkiye restructuring charges. The company deepened ties with Great Wall…
HighManipal Health Enterprises Files for Rs 8,000 Crore IPO Backed by Temasek
Temasek-backed Manipal Health Enterprises has filed for an IPO to raise Rs 8,000 crore, with proceeds earmarked for debt repayment, hospital stake acquisition,…
HighSynergy Grid raises P13.85B in follow-on offering, boosts public ownership
Synergy Grid Development Philippines listed 1.15 billion shares at P12 each on the PSE, raising P13.85 billion to fund power transmission infrastructure throug…
HighWolverine shares sink on cautious FY25 guidance despite strong Q3 beat
Wolverine World Wide's stock extends a nine-day losing streak after posting strong Q3 results but issuing below-consensus full-year guidance, reaching six-mont…
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