Companies

Tesla shareholders approved Elon Musk's $1 trillion pay package, paving the way for ambitious AI and robotics projects.

Peloton exceeded Wall Street expectations and issued a strong holiday forecast, anticipating increased consumer spending.

Doordash faced its largest one-day drop ever, declining 17% amid concerns over consumer spending.

Ford is reportedly considering halting production of its all-electric F-150 Lightning due to financial losses.

Airbnb shares rose after reporting third-quarter results that exceeded revenue expectations and provided a strong forecast.

Datadog's stock surged 23% following a revenue beat, driven by increased demand for its AI technologies.

Take Two's stock fell 7% after announcing a delay for Grand Theft Auto VI to November 2026.

Gunvor withdrew its $22 billion bid for Lukoil assets after the U.S. government moved to block the deal.

McDonald's U.S. President emphasized a focus on value and affordability as consumer spending habits shift.

Life Insurance Corp (LIC) reported a 31% increase in Q2 net profit, driven by business growth and improved margins.

SoftBank Group's shares fell over 8%, leading to potential losses exceeding $50 billion as investor confidence in AI stocks wanes.

First Brands is seeking a $600 million lifeline to avoid liquidation as it faces bankruptcy.

Blackstone is offloading a $1.8 billion investment in senior housing, selling properties at significant losses.

Ola Electric shares fell over 4% as Q2 revenue dropped 43% YoY, despite narrowing losses.

Amber Enterprises shares tumbled 13% after reporting a Q2 net loss, with revenue slipping 2%.

TVS Motor Company is divesting its stake in Rapido for Rs 288 crore, marking a strategic exit.

Cummins India shares surged as Q2 profit jumped 42% to Rs 638 crore, driven by strong sales growth.

Apollo Hospitals reported a 26% YoY rise in Q2 profit, with revenue growing 13%.

Bajaj Housing Finance shares gained attention after reporting an 18% YoY rise in Q2 net profit.

Crompton Greaves shares fell 3% after a 41% YoY drop in Q2 net profit, despite a slight revenue increase.

Infosys is set for a major Rs 18,000 crore share buyback, with the record date fixed for November 14.

LIC shares rose 2% after a 31% YoY profit surge, with Citi projecting a 50% upside for the stock.

Bharti Airtel shares fell 4% following a block deal by Singtel to offload a 0.8% stake.

Sebi has announced plans to simplify the IPO process by reducing offer document content and streamlining procedures for companies with pre-IPO pledged shares.

Snap shares surged 15% after a strong forecast and a $400 million deal with Perplexity AI to enhance Snapchat's search features.

Lucid Motors missed Wall Street expectations and narrowed its production guidance while increasing its loan facility to $2 billion.

DoorDash shares fell due to heavy spending on tech upgrades and disappointing earnings from its Deliveroo acquisition.

Retail giants like Amazon, Walmart, and Target are raising prices to manage increased costs from tariffs.

Robinhood reported record quarterly revenue driven by surging trading volumes in options, crypto, and prediction markets.

E.l.f. Beauty's stock plummeted 29% due to weak guidance and tariff impacts, despite expectations of increased revenue from its acquisition of Rhode.

Qualcomm exceeded earnings expectations and issued a strong forecast, positioning itself well in the growing AI market.

HubSpot appointed Clara Shih, Meta's head of business AI, to its board of directors, enhancing its leadership in AI.

Mahindra & Mahindra plans to exit RBL Bank by selling its 3.5% stake for approximately $78 million, marking a profitable divestment.

Pony.ai's shares dropped significantly during its Hong Kong debut, reflecting challenges in the autonomous driving sector.

Nykaa is expected to report a strong Q2FY26 with 25-27% YoY revenue growth driven by festive demand and improved margins.

Bajaj Auto anticipates a 16% YoY rise in PAT for Q2FY26, supported by export recovery and a premium product mix.

Hindalco shares fell over 6% after Novelis announced a significant cash flow hit due to a fire at its New York plant.

Britannia Industries shares rose 5% following a 23% increase in Q2 net profit, attributed to cost control measures.

Delhivery shares dropped over 8% after reporting a Q2 loss of Rs 50.38 crore and announcing a CFO transition.

Grasim Industries reported a 76% YoY rise in Q2 net profit, leading to a 4% drop in shares amid market reactions.

Sun Pharma's Q2 net profit rose 2.6% YoY, with revenue growth driven by its Innovative Medicines segment.

IndiGo's parent company reported a Q2 net loss of Rs 2,582 crore, reversing from a profit in the previous quarter.

State Bank of India plans to divest a 6.3% stake in SBI Funds Management through an IPO, expected to conclude by 2026.

Redington shares surged 14% after reporting a 32% year-on-year profit increase, driven by strong revenue growth across all segments.

Anil Ambani group stocks, including Reliance Power, fell up to 5% amid a new probe into alleged fund diversion and governance issues.

Orkla India shares slipped below their IPO price after a flat debut, but analysts suggest it may be a good entry point for long-term investors.

Morgan Stanley raised Adani Power's target price, citing strong earnings visibility and expected growth in India's power demand.

Motilal Oswal initiated coverage on Waaree Energies with a 'Buy' rating, highlighting strong growth potential in the renewable energy sector.

Despite a 538% YoY profit jump, Suzlon Energy's target prices were cut by analysts due to valuation resets and moderated growth expectations.

Life Insurance Corporation of India (LIC) reported a 31% YoY increase in consolidated Q2 net profit to Rs 10,098 crore, with a 5% growth in net premium income.

Bajaj Housing Finance announced an 18% YoY rise in net profit to Rs 643 crore for Q2, with a 14% increase in revenue.

Nomura upgraded Asian Paints and Berger Paints to 'Buy', citing improved margins and a stable growth outlook.

Charles Schwab is set to acquire Forge Global, enhancing client access to private markets.

Apollo Hospitals reported a 26% YoY increase in profit after tax to Rs 477 crore for Q2FY26, driven by growth across its healthcare and digital sectors.

Singtel plans to sell a 0.8% stake in Bharti Airtel for Rs 10,300 crore, aligning with its strategy to optimize holdings as Bharti Airtel shows strong Q2 performance.

CarMax has sacked its CEO and revised its outlook downward, indicating challenges in the used car market.

Duolingo's stock plummeted 27% after the company announced a shift in focus towards long-term user growth, leading to light guidance.

JPMorgan was fined $52 million by a German regulator for failing to submit suspicious activity reports on time.

AI startup Metropolis raised $1.6 billion for expansion into retail, utilizing AI for payment solutions at various locations.

JM Financial reported a 16% increase in Q2 profit to Rs 270 crore, despite a drop in total income, and declared an interim dividend of Rs 1.50 per share.

Godrej Properties achieved a record Q2 net profit of Rs 405 crore, a 21% increase year-on-year, with bookings up 64% driven by strong sales.

Infosys has set November 14 as the record date for its Rs 18,000 crore share buyback, approved by shareholders with 98.81% support.

Bajaj Auto's subsidiary plans to acquire 24,000 shares in Pierer Bajaj AG for over 24 million Euro, enhancing its international operations.

BillionToOne raised $273.1 million in its IPO, marking a significant milestone for the biotech company.

Zydus Lifesciences plans to raise Rs 5,000 crore through equity sales to reduce debt and support expansion, following a 38% profit increase in Q2.

Snap's stock surged 9% after announcing a deal with Perplexity AI to integrate its search engine into Snapchat, alongside strong revenue reports.

Goldman Sachs promoted 638 employees to Managing Director, marking a significant increase in the number of promotions compared to previous years.

CarMax's stock dropped over 20% following the resignation of its CEO and a weak outlook for the used car market.

OceanaGold is preparing for a NYSE listing amid strong investor interest in gold, as it ramps up production.

Comcast is in talks to acquire ITV’s television business, aiming to enhance its presence in the UK broadcast and streaming market.

India's ChrysCapital has closed a record $2.2 billion fund, attracting over 30 new global investors.

Pinterest shares fell 20% after disappointing earnings and a weak forecast, impacting investor confidence.

Rivian Automotive reported its second quarterly gross profit this year, exceeding Wall Street expectations.

Cava has lowered its full-year forecast due to challenges in the fast-casual restaurant sector.

Adani Ports reported a 29% increase in net profit for Q2, driven by strong growth in logistics and marine business.

Warren Buffett concluded his tenure at Berkshire Hathaway, selling stocks and amassing a record cash pile of $382 billion.

Bain Capital is in talks to acquire Perpetual's $14 billion wealth management unit, signaling consolidation in financial services.

Malaysia's Sunway Healthcare is set to begin investor talks for a $1 billion IPO, marking a significant move in the healthcare sector.

Goodyear shares surged 7.85% after announcing a restructuring plan aimed at reducing $2.2 billion in debt.

Yum! Brands stock climbed 7% following a strong Q3 performance, particularly for its Pizza Hut brand.

McDonald's reported a sales boost in Q3 driven by value offerings but warned of ongoing economic pressures affecting lower-income consumers.

Britannia Industries saw a 23% rise in Q2 profit, attributed to stable commodity prices and cost optimization strategies.

Ramco Cements reported a three-fold increase in net profit for Q2, despite flat cement sales volume.

Ripple announced a $500 million investment round led by Fortress and Citadel Securities, indicating strong investor confidence.

Google cleared a major antitrust hurdle for its $32 billion Wiz deal, paving the way for the acquisition.

Paramount argues its buyout offer for Warner Bros. Discovery is superior to the company's potential split.

Starbucks union baristas have voted to authorize an open-ended strike as the busy holiday season approaches.

Tesla's sales in Germany have significantly dropped compared to last year, coinciding with the launch of a new lower-cost Model Y SUV.

Bank of America presented its strategy to investors, aiming to demonstrate profitability comparable to peers like JPMorgan Chase.

Norway suspends its oil fund's ethics rules to avoid divesting from major tech companies linked to Israel, raising ethical concerns.

A US envoy warns the UK that pharmaceutical companies may leave unless drug prices are increased.

Denny's is going private in a $322 million deal, offering shareholders a 52% premium on their shares.

Palantir raises its 2025 sales outlook due to strong quarterly growth fueled by AI adoption.

Starbucks partners with Boyu Capital to revitalize its business in China amid declining sales.

Ørsted sells half of the world's largest offshore wind farm to Apollo for $6.5 billion to strengthen its market position.

Brookfield Asset Management plans to invest $12 billion in Andhra Pradesh's renewable energy sector as part of a $100 billion expansion in India by 2030.

3M India shares surged 13% after a 43% YoY increase in Q2 profit, prompting ICICI Securities to raise its target price.

Cipla announced the acquisition of Inzpera Healthsciences for Rs 111 crore, enhancing its pediatric and wellness portfolio.

Tata Consumer Products reported an 11% YoY rise in Q2 profit, leading brokerages to raise their target prices.

Bharti Airtel shares rose over 2% following an 89% YoY profit surge in Q2, reflecting strong business growth.

IndiGo reported a significant loss of Rs 2,582 crore in Q2, reversing its profit from the previous quarter due to currency depreciation and rising costs.

Uber's stock fell 8% despite reporting strong revenue growth, highlighting investor concerns over future profitability.

Pine Labs plans to raise $439 million through an IPO, marking a significant move in the Indian fintech space.

Palantir's stock dropped 8% amid valuation concerns and a short position revealed by hedge fund manager Michael Burry.

Rivian and Lucid face production challenges as both companies adjust their Q3 vehicle production and earnings forecasts.

Apollo Global's withdrawal of its offer to take Papa John's private led to a nearly 20% drop in the pizza chain's stock.

Beta Technologies, an Amazon-backed eVTOL company, made its debut on the NYSE at $34, marking a significant milestone for the industry.

IBM announced plans to cut thousands of jobs in Q4 despite reporting stronger-than-expected earnings driven by software revenue.

Sequoia Capital's managing partner Roelof Botha announced his departure, leading to a leadership transition at the venture firm.

Two tech companies have announced significant share splits, creating new investment opportunities.

Larsen and Toubro reports steady growth and plans to expand into green hydrogen and semiconductors.

Mapletree Investments and CapitaLand Investment are considering a merger to create a $150 billion real estate entity in Singapore.

PNB Housing Finance is set to appoint a new MD and CEO, with Tata Capital's Ajai Shukla as a leading candidate.

Mahindra & Mahindra shares rose 3% following record SUV and tractor sales in October.

Godrej Consumer's shares rallied 6% after Goldman Sachs raised its target price, despite a decline in Q2 profit.

BPCL reported a 170% YoY increase in Q2 net profit, driven by improved refining margins and government support.

Ambuja Cements reported a remarkable 268% increase in Q2 net profit to Rs 1,766 crore.

Bharti Airtel reports an 89% YoY increase in Q2 net profit to Rs 6,792 crore, driven by a 26% rise in revenue.

Kimberly-Clark announces plans to acquire Kenvue, the maker of Tylenol, for over $40 billion.

Microsoft signs a $9.7 billion contract with IREN for Nvidia chips, bolstering its AI and cloud computing capabilities.

InterGlobe Aviation is expected to report mixed Q2 results with revenue growth of up to 13% YoY.

Godfrey Phillips India reported a 23% increase in Q2 profit, reaching Rs 305 crore.

Titan Company saw a remarkable 59% YoY profit increase to Rs 1,120 crore in Q2, driven by strong demand in its jewellery segment.

Oyo's parent company PRISM plans to introduce a new inclusive bonus structure for shareholders.

Square Yards reported a 43% revenue growth in Q2, leading to profitability driven by fintech operations.

Amazon's stock rose following a $38 billion deal with OpenAI to utilize Nvidia chips.

Alstom announced plans to expand its workforce in Plattsburgh to fulfill a rail car order from NJ Transit.

Ford and Hyundai reported significant declines in October EV sales as federal EV credits came to an end.

Tesla is facing a widening federal investigation into safety issues related to its electronic door handles.

Moët Hennessy has filed a defamation lawsuit against a former employee over sexual harassment claims.

Warren Buffett's Berkshire Hathaway reportedly reduced its stake in Apple, with a $1.2 billion decrease in its consumer products equity holdings.

Nvidia's market capitalization surged by nearly $100 billion in just a few days, reflecting strong investor confidence.

PayPal shares surged after announcing a partnership with OpenAI, attracting significant investor interest.

Berkshire Hathaway's $6 billion stock sale signals a strategic shift under Warren Buffett's leadership.

Microsoft's CEO announced plans to increase hiring while utilizing AI tools to boost productivity.

Bharti Airtel is expected to report a 64% increase in net profit for Q2 FY26, driven by strong performance in India and Africa.

Pine Labs achieved its first quarterly net profit in FY26 and is preparing for an Initial Public Offering.

EQT's chief warns that many private capital firms may struggle to raise new funds, potentially leading to a rise in 'zombie' firms.

Titan Company is projected to see a 38% year-on-year profit increase in Q2 FY26, despite challenges in jewellery sales.

CVC is launching a €9bn initiative to explore untapped potential in the sports media market.

Sequoia Capital has launched a $950 million fund aimed at investing in early-stage startups in the AI sector.

Ferrari is entering the cryptocurrency market, but access will be limited to just 100 individuals.

Walmart is recognized as the world's most valuable consumer staples brand, raising questions about its stock's investment potential.

Beyond Meat faces scrutiny as investors speculate whether its stock could follow the paths of GameStop or AMC.

The Magnificent Seven tech companies now represent a record 38% of the S&P 500, underscoring their market dominance.

Tech companies are addressing significant security vulnerabilities in AI systems related to indirect prompt injection attacks.

Investors are eagerly awaiting third quarter earnings reports from quantum computing companies for growth insights.

BDO's audit revealed strong financials for First Brands prior to its bankruptcy and ongoing criminal investigation.

Major CEOs are increasingly engaging in mergers and acquisitions, signaling a resurgence in corporate deal-making.

ACC reported a five-fold increase in Q2 net profit to Rs 1,119 crore, driven by a tax write-back and record sales.

Nvidia CEO Jensen Huang completed a $1 billion share sale amid a surge in the company's market value driven by AI demand.

Gigaclear is seeking a buyer amid a £1 billion debt crisis involving major creditors.

Urban Company reported a net loss of Rs 59 crore in Q2 FY25, despite a 37% increase in revenue to Rs 380 crore.

Berkshire Hathaway reported a 34% increase in operating earnings for the third quarter, reaching a record cash pile of $382 billion.

Coca-Cola's quarterly performance improved significantly, driven by strong sales from its Smartwater and Fairlife brands.

Tesla's competitors, XPeng and Nio, reported record electric vehicle sales in China as they ramp up production for year-end demand.

General Motors is facing layoffs and a leadership change as it pulls back on its electric vehicle initiatives.

Nokia's stock sentiment is improving following Nvidia's announcement of a $1 billion investment, boosting investor confidence.

Verizon's CEO has raised concerns about a significant loss of customers, indicating potential challenges ahead for the telecom giant.

Italian police have seized $1.5 billion in assets from Campari's controlling shareholder amid a tax fraud investigation.

UPS is being considered a potential buy due to its attractive 6.7% dividend yield.