Mumbai: Bajaj Auto’s net profit went up 9% in the September quarter over the year-ago period, driven by a robust operational performance across two- and three-wheelers in the exports and domestic markets and a higher contribution of pricier models in the overall product mix. The earnings were almost in line with Street estimates. Overall volumes … Read more
Intel’s shares fell over 18% to $23.56 in after-hours trading on August 1 after the chipmaker’s Q2 earnings missed top and bottom line estimates. The company’s overall revenue fell 1% year-over-year (YoY) to $12.8 billion, missing analyst estimates of $12.9 billion. The chipmaker’s Q3 revenue estimates between $12.5 billion and $13.5 billion were again below … Read more
Wedbush Securities tech analyst Dan Ives has long maintained that today’s tech revolution is unlike anything seen since the 1990s despite the industry facing a slump in 2022. However, the worst year for US stocks since 2008 didn’t change Ives’ optimistic outlook on the tech industry. “The bull market was under the covers; it just … Read more
