Airtel to exit from low-margin commodity voice and messaging business: Gopal Vittal

Airtel to exit from low-margin commodity voice and messaging business: Gopal Vittal

Last Updated:February 09, 2025, 13:40 IST Bharti Airtel is preparing to roll out more 5G radios across the country to meet the growing 5G demand for mobility and fixed wireless access (FWA) by allocating its capital expenditure (capex). Bharti Airtel reports a 505% jump in net profit at Rs 14,781 crore for the Q3FY25 quarter. … Read more

Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs

Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs

Today, consumer electronics retailer Best Buy (NYSE: BBY) posted a year-over-year (YoY) drop in overall sales to $8.84 billion for the quarter ending May 4, from $9.46 billion the year prior. The retailer’s comparable sales declined by 6.1%, attributable to high living and borrowing costs. Despite a downward trend in inflation, it remains a top … Read more

What Does Nvidia’s 10:1 Stock Split Mean for Shareholders?

What Does Nvidia’s 10:1 Stock Split Mean for Shareholders?

Nvidia Corporation (NASDAQ: NVDA), in Q1 2024, posted a record 262% year-over-year jump in quarterly revenue to $26 billion on the back of its growing data centre business boosted by the Blackwell platform. Nvidia share prices jumped to record levels on the announcement, hovering above $1,100 apiece on May 28. The chipmaker also decided to … Read more