IndusInd Bank Q4 Results: Lender Reports Profit of Rs 533 Cr vs Loss Year Ago; Declares Rs 1.5/share Final Dividend
IndusInd Bank posted a standalone net profit of Rs 533 crore (~$64 million) in Q4 FY 26, a sharp turnaround from a Rs 2,236 crore loss a year earlier. Net interest income surged 43% YoY to Rs 4,371 crore (~$527 million), while pre‑provision operating profit reached Rs 2,215 crore. Asset quality slipped slightly, with gross NPAs rising to 3.43% and net NPAs to 1%, but the bank’s capital adequacy ratio climbed to 17.48%. The board approved a final dividend of Rs 1.5 per share.
Freeport-McMoRan: Grasberg Restarts, Now the Real Work Begins
Freeport‑McMoRan (FCX) restarted its flagship Grasberg mine in Indonesia in March, beating its own timeline but with production still well below original goals. The company trimmed its 2026‑2027 output target to 60,000 tonnes per day, citing wet drawpoint issues that...
Intel Soars on Signs AI Boom for CPUs Is Here
Intel's shares surged over 24% to $83 after Q1 results showed unprecedented demand for its Xeon CPUs from AI service providers, prompting the company to sell chips it had previously written off. The strong AI inference market lifted not only...
ServiceNow's 18% Drop: AI Fears Continue, But May Be Overblown
ServiceNow’s shares tumbled about 18% to roughly $85 after its latest earnings, reigniting a debate over AI’s impact on legacy software firms. The company still posted strong Q1 results, with revenue of $3.77 billion up 22% YoY and adjusted EPS of...
STMicronelectronics Sends Industrial Chips Into Overdrive
STMicroelectronics reported a 23% year‑over‑year revenue jump to $3.1 billion in Q1, driven by double‑digit gains in analog, embedded processing and RF segments. While power and discrete fell 1.8%, the company’s balance sheet remains strong with nearly $2 billion in cash and...
Intel’s Shares Soar as Q1 Results Signal Brighter Future
Intel reported Q1 revenue of $13.6 bn, a 7% year‑on‑year increase, propelling its stock up to 20% after beating Wall Street forecasts. The company projected Q2 revenue between $13.8 bn and $14.8 bn, comfortably ahead of analyst expectations. Intel also announced a $14.2 bn...
Holcim Reports Mixed 1Q26 Performance, Maintains 2026 Outlook
Holcim posted a 4.8% decline in Q1 2026 net sales to CHF 3.52 bn (≈$4.5 bn) and an 11% drop in recurring EBIT to CHF 431 m (≈$547 m), with the EBIT margin slipping to 12.2%. The downturn was uneven: Europe sales fell modestly, Latin America...
Siemens Energy Raises Outlook as Demand for Power Equipment Soars
Siemens Energy lifted its 2026 outlook after a sharp rise in Q2 orders and profits, driven by booming demand for power equipment in data centres. The company now expects sales to grow 14‑16% and profit margins before special items to...
TSMC Shares Jump to Record High as Taiwan Eases Single-Stock Investment Caps for Funds
Taiwan Semiconductor Manufacturing Co. (TSMC) shares jumped 5% to a new all‑time high after Taiwan’s regulator announced it will raise the single‑stock allocation ceiling for domestic equity funds and actively managed ETFs from 10% to 25% of assets. The rule...
TSMC Shares Surge as Taiwan Lifts Single-Stock Limit for Funds
Taiwan Semiconductor Manufacturing Co. (TSMC) saw its shares surge to a record after the island’s financial regulator lifted the single‑stock holding limit for investment funds. JPMorgan Chase estimates the policy change could attract more than $6 billion of new fund inflows...
Warner Bros Shareholders Greenlight $155B Paramount Mega-Merger
Warner Bros. Discovery shareholders unanimously approved a $111 billion merger with Paramount, offering $31 cash per share. The vote follows a fierce bidding war that saw Netflix briefly challenge Paramount for the deal. While the approval marks a major milestone, the...
Tesla Vs GM: Which Is the Best Investment as the Q1 Earnings Season Heats Up?
Tesla reported Q1 revenue of $22.38 billion, a 16% year‑over‑year increase, and posted EPS of $0.41, beating estimates while generating $1 billion in free cash flow. The company also signaled a $5 billion increase in capital expenditures and warned that cash flow could...
Procter & Gamble Co (PG) Q3 2026 Earnings Call Transcript
Procter & Gamble announced a planned leadership transition, with CEO Jon R. Moeller moving to Executive Chairman and Shailesh Jejurikar becoming President and CEO on Jan. 1, 2026. The company also launched a two‑year restructuring to cut up to 7,000 non‑manufacturing...
Warner Bros. Discover Approves $110B Paramount–Skydance Merger; Regulators up Next
Warner Bros. Discovery shareholders voted overwhelmingly to approve a $110 billion merger with Paramount Skydance, handing media mogul David Ellison control of Warner’s film studio, streaming platforms, and cable assets such as HBO and CNN. The deal faces fierce opposition from more than 4,000 Hollywood...
Nasdaq Sinks as Software Stocks Slump: Stock Market Today
The Nasdaq fell 0.9% as software giants posted mixed earnings, with Tesla announcing a $25 billion capital‑expenditure plan and IBM raising its dividend despite missing full‑year guidance. ServiceNow suffered its steepest one‑day decline, dropping 17.8% after citing geopolitical headwinds in the...
Honeywell Disappoints on Quarterly Results — but Delivers on Its Breakup Plan
Honeywell posted first‑quarter adjusted earnings per share of $2.45, topping the $2.32 LSEG estimate, while revenue rose 2.4% to $9.1 billion, falling short of the $9.3 billion consensus. The results were weighed down by geopolitical tension in Iran and a supply‑chain disruption...
A Nasdaq Comeback
After a 167‑day climb, the Nasdaq‑100 eclipsed its October 2025 closing high and posted its longest streak of daily gains since 1992. The index had drifted sideways for five and a half months, enduring a 12.1% peak‑to‑trough decline—the longest tech slump...
CBRE Revenue Jumps 19% on Pivot to Data Center Services
CBRE reported first‑quarter 2026 revenue of $10.5 billion, up 19% year over year, driven by a 71% surge in critical infrastructure services and a tripling of data‑center leasing revenue after its Pearce Services acquisition. The Building Operations & Experience segment rose...
The Chip Sector Is on a Historic Tear, Fueled by some Unsuspecting Stocks
The PHLX Semiconductor Index logged its 17th straight daily gain, extending a record‑long rally that has lifted the sector over 40% this month. Texas Instruments led the surge, jumping nearly 19% and pulling analog‑chip peers On Semiconductor and Analog Devices...
CBRE Earnings Exceed Expectations With Boosts in Leasing, Infrastructure Services
CBRE reported first‑quarter earnings of $1.61 per share, far surpassing the $1.13 consensus and marking a jump from $0.89 a year earlier. Revenue rose 18.6% to $10.53 billion, driven by strong leasing performance and a 52% surge in mortgage‑origination income. The...
Exante Report: Q1 Earnings Growth Hits Multi-Year High
Exante’s Q1 2026 market report projects S&P 500 earnings growth at 12.6% year‑on‑year, only slightly below the 12.8% estimate from December. If historical patterns hold, actual growth could exceed 20%, marking the strongest quarterly gain since Q4 2021’s 32% surge. The...
Blackstone Profit Beats as Inflows Surge in Volatile Markets
Blackstone reported first‑quarter profit that slightly beat expectations, with distributable earnings rising 25% to $1.76 billion, or $1.36 per share. Total assets under management jumped 12% to roughly $1.3 trillion, fueled by $37 bn of new credit and insurance inflows and $20.4 bn into...
IBM Stock Stumbles After Guidance Fails to Impress
IBM reported Q1 earnings of $1.91 per share on $15.92 billion revenue, both beating estimates, and highlighted strong cloud sales. However, the company left its full‑year guidance unchanged, triggering five analyst price‑target cuts and a steep downgrade from J.P. Morgan. The stock...
Hershey Stock Sell-Off: Key Stakeholder Sells 30,000 Shares
Hershey’s stock slid to $188.62, about 20% below its February peak, after earnings revealed a 60% profit plunge driven by cost pressures. The company’s U.S. president announced a departure after just one year, adding leadership uncertainty. The Hershey Trust Company,...
Tesla EPS: Rising CAPEX Fuels AI Pivot
Tesla reported adjusted earnings per share of $0.41, topping the $0.34 consensus and marking a second straight beat. The automaker reaffirmed that its Cybercab, Semi and Megapack 3 will enter volume production in 2026, signaling the end of a prolonged transition....
Infosys Sales Forecast Trails Estimates as IT Demand Sputters
Infosys Ltd., India’s second‑largest IT services firm, forecast FY27 revenue growth of 1.5%‑3.5% on a constant‑currency basis, missing the analyst consensus of 4.9%. The guidance gap triggered a sell‑off, with the stock sliding up to 3.4% in early Mumbai trading....
Analyst Report: Newmont Corp
Argus analyst coverage lifted its outlook on Newmont Corp., the world’s largest gold miner, and raised the firm’s price target. The Denver‑based company, founded in 1921, generates roughly 85% of its revenue from gold and operates across North America, South...
REPLY S.p.A.: Shareholders’ Meeting Approves the 2025 Financial Statements
Reply S.p.A. reported a strong 2025 fiscal year, with consolidated turnover climbing 8% to €2.48 bn (≈$2.71 bn) and net profit rising to €250.9 mn (≈$273 mn). EBITDA reached €467.6 mn (≈$510 mn), up 13.9%, while EBIT grew 18.5% to €397.1 mn (≈$433 mn). The shareholders approved a...
Adobe: One Of The Cheapest Franchises In Software
Adobe (ADBE) has been upgraded to Strong Buy as the SaaS sell‑off appears overdone, offering a rare valuation discount. The company posted Q1 revenue of $6.4 billion, up 12% year‑over‑year, and set FY guidance of $26.1 billion and $23.5 non‑GAAP EPS. At...
Bull of the Day: Chevron Corporation (CVX)
Chevron (CVX), a Zacks Rank #1 integrated energy giant, leveraged its low‑cost Permian base to post a Q4 adjusted EPS of $1.52, beating forecasts, while operating cash flow more than doubled to $10.8 billion. The company raised its dividend 4% to...
Lockheed Martin Reports First Quarter 2026 Financial Results
Lockheed Martin posted first‑quarter 2026 sales of $18.0 billion, essentially flat versus the prior year, while net earnings slipped to $1.5 billion ($6.44 per share), down 13% from Q1 2025. Cash from operations fell sharply to $220 million, turning free cash flow negative...
Rogers Boosts Revenue 10% to $5.48 Bn as Media Growth and 5G Investments Reshape Strategy
Rogers Communications posted a 10% revenue increase to $5.48 bn CAD (about $4.0 bn USD), driven largely by an 82% jump in media revenue after closing the Maple Leaf Sports & Entertainment deal. Wireless service revenue held steady while equipment sales rose...
Warren Buffett Has Held American Express for Decades. Should You Own It Too?
Warren Buffett’s Berkshire Hathaway still owns American Express, a credit‑card issuer that derives 76% of its revenue from transaction fees on high‑spending customers. Over the past decade the company doubled net income to $10.8 billion, while EPS surged from $5.1 to...
FTSE 100 Banks £16bn Payday to Face Economic Reality Check
Barclays will open the FTSE 100 banks earnings season next week, with the Big Five expected to post just under £16bn ($20bn) of pre‑tax profit for Q1. That would edge ahead of the £15.2bn ($19.3bn) earned in the first quarter...
Baidu to Report First Quarter 2026 Financial Results on May 18, 2026
Chinese AI leader Baidu announced it will disclose its first‑quarter 2026 financial results on May 18, 2026, ahead of the U.S. market open. The earnings release will be accompanied by a conference call at 8:00 AM Eastern Time (8:00 PM Beijing). Investors can...
Q4 Results Today Live: Union Bank Shares Fall After Q4 Results, Aditya Birla Sun Life AMC Profit Declines, Infosys, Adani...
Union Bank of India reported a 6.6% rise in Q4 profit to ₹5,316 crore ($638 m) and improved asset quality, but its shares slipped 6% on the NSE. The bank’s gross NPA fell 78 bps to 2.82% and net NPA to 0.48%, while...
Nestlé Weathers Formula Crisis to Deliver Strong Q1 Growth
Nestlé reported 3.5% organic growth in Q1 2026, buoyed by price hikes and strong performance in coffee and confectionery, despite a damaging infant formula contamination scandal that pulled the nutrition segment down 3.5% RIG. Real internal growth reached 1.2%, with...
L'Oreal Stock Pops 9% After 'Impressive' Earnings, on Track for Biggest Gain in 18 Years
L'Oréal reported first‑quarter organic sales of €12.2 billion ($14.3 billion), a 7.6% rise that dwarfed the roughly 3% consensus forecast. Excluding one‑off items, underlying growth was 6.7%, prompting analysts at Barclays to label the performance "very impressive." The strong results lifted the...
Union Bank of India Q4 Results: Net Profit Jumps 6.6% YoY to ₹5,316 Crore; ₹5 Dividend Declared
Union Bank of India reported a 6.6% year‑on‑year rise in standalone net profit to ₹5,315.76 crore (≈ $640 million) for Q4 FY26, while net interest income slipped 1.1% YoY to ₹9,405.98 crore. Gross non‑performing assets fell to 2.82% and net NPAs to 0.48%, signalling...
Orange Q1 2026 Results: €10.095 Bn Revenue, Africa Growth at 12.7% and Fiber Footprint Near 60 Mn Homes
Orange posted Q1 2026 revenue of €10.095 billion (≈$11 billion), a 3.5% year‑over‑year rise, backed by disciplined capex of €1.542 billion (≈$1.68 billion). The "Trust the Future" strategy was launched as the company expanded its fiber footprint to 59.9 million connectable homes across Europe. Regional performance...
Nokia Q1 2026 Revenue Growth Driven by AI and Cloud Investments in Optical and IP Networks
Nokia reported Q1 2026 revenue of €4.497 billion (about $4.9 billion), a 2% increase year‑over‑year, driven primarily by AI and cloud‑focused customers. The Network Infrastructure segment led growth, with Optical Networks revenue soaring 56% to €821 million and IP Networks showing modest constant‑currency gains....
Boeing Stock Price Resets After Earnings
Boeing reported a stronger first‑quarter, with revenue climbing 14% to $22.2 billion and GAAP loss narrowing to $0.11 per share. Operating cash flow improved to a negative $0.2 billion, a sharp turnaround from the $1.6 billion deficit a year ago, while the total...
IT Takes D-St on a Tumble, AI Fears Pop up on HCL Q4 Miss
Indian IT stocks plunged on Wednesday after HCL Technologies reported a fourth‑quarter earnings miss and muted guidance, sending the company's shares down nearly 11%—its steepest one‑day drop in 11 years. The broader Nifty IT index fell 3.9%, outpacing the 0.8%...
Keurig Dr Pepper Inc (KDP) Q1 2026 Earnings Call Transcript
Keurig Dr Pepper reported Q1 2026 net sales up 8.1%, driven by strong price realization and volume mix, while earnings per share fell 7.1% to $0.39 due to higher input costs and tariff impacts. The company completed its $20 billion acquisition...
Newmont Corporation (NEM) Q1 2026 Earnings Call Transcript
Teck Resources reported a blockbuster first‑quarter 2026, with adjusted EBITDA soaring to $2.1 billion – a 125% year‑over‑year increase – driven by record copper sales at a historic $5.83 per pound and strong by‑product contributions. Operating cash flow hit $1 billion, lifting...
Nasdaq Inc (NDAQ) Q1 2026 Earnings Call Transcript
Nasdaq reported a record $5.2 billion net revenue for 2025, up 12% year‑over‑year, with solutions revenue exceeding $4 billion, an 11% increase. Operating income rose 16% to $2.9 billion and diluted EPS grew 24% to $3.48, while annual recurring revenue reached $3.1 billion. The...
American Express Co (AXP) Q1 2026 Earnings Call Transcript
American Express reported Q1 2026 revenue of $17 billion, an 8% FX‑adjusted increase, and net income of $2.6 billion, or $3.64 per share, in line with guidance. Card member spending rose 6% (7% excluding leap‑year effects) while net card fees grew 20%...
Blackstone Inc (BX) Q1 2026 Earnings Call Transcript
CBRE Group reported an 18% revenue increase in Q1 2026, with all three services segments—Advisory, Building Operations & Experience (BOE), and Project Management—posting roughly 20% top‑line growth and near‑30% operating profit expansion. Infrastructure‑related services, especially critical infrastructure and data‑center leasing,...
Comcast’s Broadband Sub Losses Improve
Comcast reported a 65,000 decline in residential broadband subscribers in Q1 2026, a 35% reduction from the 183,000 loss a year earlier and better than the 167,000 analysts expected. The improvement marks the first year‑over‑year gain since Q4 2020, reflecting the company’s...
Tesla Just Increased Its Spending Plan to $25B — Here’s Where the Money Is Going
Tesla announced a $25 billion capital‑expenditure plan for 2026, roughly three times its recent annual spend. The budget will fund AI compute infrastructure, chip design, battery production, and the scaling of its Optimus humanoid robot and robotaxi operations. Tesla entered the...