EBITDA for the quarter is expected to increase by 8% year-on-year, driven by strong performance across all verticals. However, this growth may be partially offset by weakness in the Oil-to-Chemicals (O2C) segment, with an anticipated 8% year-on-year decline in EBITDA due to challenges in refining and petrochemicals.RIL's oil-to-chemicals business expected to have a robust quarter.Anticipated $1/bbl QoQ improvement in GRMs.Reliance Jio forecasted to see a 2% rise in EBITDA QoQ.Retail EBITDA...
Infosys’s stock continued its selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter
Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Monday morning saw a rebound in U.S. futures after Friday’s sell-off, prompted by concerns over inflation and escalating geopolitical woes. Notably, futures on the
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ Tesla (TSLA): All eyes are on the [EV maker's earnings](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-23-2024/card/tesla-repo
Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today. Here's why.
The German enterprise software giant SAP reported quarter results that were a smidge ahead of Wall Street’s expectations. The stock is up in late Monday trading.
The Health Ministry doesn't plan to buy vaccines against the disease.
UnitedHealth Group on Tuesday reported better-than-expected revenue for the
International money transfer firm Wise has posted a small revenue bump for the fourth quarter of the fiscal year, but saw shares slip by 8% after missing analyst consensus estimates. In its Q4 trading update, the London-listed firm reported revenue of £277.2m, a marginal increase from the previous quarter’s £276.6m and a 24% increase from […]
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoilShares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed that profits had surged in the last quarter.Sundar Pichai, CEO, hailed the transition to artificial intelligence as a “once-in-a-generation opportunity” as his company races to integrate the technology across its business. Continue reading