Infosys Cuts Annual Revenue Guidance Following Muted Second-Quarter Results
The Indian IT services major reported a modest rise in net profit and expanded its workforce while scaling back its full-year growth outlook due to cautious client spending.
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The Indian IT services major reported a modest rise in net profit and expanded its workforce while scaling back its full-year growth outlook due to cautious client spending.
The company's stock dropped significantly on Friday as investors reacted to mounting losses in its quick-commerce unit, Instamart.
The electric vehicle maker reported adjusted quarterly earnings of $0.48 per share alongside $28.05 billion in revenue.
The electric vehicle manufacturer posted adjusted earnings and revenue above Wall Street expectations, while profits fell due to surging investments in artificial intelligence and robotics.
Meta Platforms kicks off Big Tech earnings season as investors scrutinize the financial impact of massive artificial intelligence investments.
The space and artificial intelligence company reported higher-than-expected earnings and teased potential merger talks with Tesla.