According to FactSet, over 90% of S&P 500 constituents have released their third quarter results. Of these, 82% have beaten consensus forecasts on earnings per share, while 77%…
Rolls-Royce share price pulled back on Thursday after the company published an encouraging trading statement that illustrated strong results. RR stock was trading at 1,140p, down from the…
Chinese tech giant Tencent delivered stronger-than-expected third-quarter results, posting revenue of ¥192.9 billion ($27.08B) as artificial intelligence investments and gaming momentum drove growth across its core businesses.The 15%…
Alibaba Group is repositioning its mobile artificial intelligence strategy with a significant rebrand of its core AI app, as per a Bloomberg report.The existing Tongyi platform will be…
AirTrunk, the Australian hyperscale data centre operator acquired by Blackstone Inc. for A$24 billion ($16 billion), is expanding into India as part of its broader Asia-Pacific growth strategy.The…
Shares of American digital technology major Cisco Systems surged on Thursday after the company lifted its annual profit and revenue outlook, buoyed by surging demand for networking gear…
Lloyds share price is closing in on hitting the 100p mark as the multi-year rally gains steam. The stock jumped to a multi-decade high of 95.4p, continuing a…
Baidu just made its boldest move yet in the race to dethrone Nvidia.The Chinese tech giant unveiled two new AI processors: the M100 and M300, designed to power…
Singapore Airlines saw its sharpest quarterly net income decline in more than three years as financial losses from its equity in Air India weighed heavily on results.For the…