Tag: fall
Salesforce talks to buy Informatica fall through- reports
Investing.com– Salesforce Inc (NYSE:CRM) has failed to reach an agreement to take over data-management software firm Informatica Inc (NYSE:INFA) after the two could not agree to a price, reports from the Wall Street Journal and Reuters showed on Sunday.
Midday movers: Netflix, Super Micro fall; Paramount Global gains
(Updated – April 19, 2024 11:43 AM EDT)Investing.com — Main U.S. indexes traded lower Friday, hit by falling risk appetite as tensions in the Middle East escalate in the wake of Israel’s reported strike on Iran.
Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance
Wipro’s revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year.
Asian chipmakers fall, TSMC down 6% as demand warning offsets strong earnings
Investing.com– Asian chipmaking stocks fell sharply on Friday after sector major TSMC flagged a weak outlook for the semiconductor industry, even as demand from artificial intelligence helped the firm clock stronger first-quarter earnings.
Infosys shares fall as fourth-quarter revenue misses views
(Updated – April 18, 2024 8:12 AM EDT) Infosys Limited (NS:INFY) shares plunged nearly 6% in early U.S. trading Thursday after the company missed analysts\’ fourth-quarter revenue estimates and issued downbeat guidance.
Banking blues, investor jitters drag Sensex down for fourth day straight
Indian benchmark indices closed lower as banking stocks declined, with Sensex falling 455 points and Nifty dropping by 152 points. Top laggards included Nestle India, Titan, Axis Bank, NTPC, Tata Motors, and ITC.
Tesla’s value declines below $500 billion as risks pile up
The company’s troubles started in October when it warned that demand for EVs was starting to slow, but the full extent of that weakness only became apparent this month when Tesla reported first-quarter sales significantly below analysts’ expectations.
Northern Trust misses Q1 estimates, shares fall slightly
CHICAGO – Northern Trust Corporation (NASDAQ:NTRS) disclosed its financial results for the first quarter of 2024, revealing earnings and revenue that fell short of Wall Street\’s expectations.
Sensex falls 793 points. Mauritius link and 5 other factors behind the selloff
Sensex and Nifty plummeted as FPIs sold off, influenced by US inflation and tweak in India-Mauritius tax treaty. Investors are also cautious on valuations, profit booking, and rising commodities prices. EPS growth is likely to moderate in Q4 earnings season which begins today with TCS.