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US stocks today: Nasdaq, S&P fall over 1%, end lower for week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising…
Reliance Retail bets on JioMart scale to drive margins, growth
Reliance Retail plans disciplined expansion of JioMart’s dark-store network, betting on higher order density and private labels to improve margins as competition in quick commerce…
Reliance tops estimates as petrochemicals business stands firm in a turbulent first quarter
Reliance Industries' earnings beat came despite expectations that geopolitical tensions and volatile energy markets would weigh on Reliance’s flagship oil-to-chemicals (O2C) business, which contributes more…
JSW Steel Q1 profit, revenue beat estimates on higher prices, strong demand
The Sajjan Jindal-led company reported a consolidated net profit of ₹4,651 crore for the first quarter of FY27, up from ₹2,184 crore a year earlier,…
Reliance Retail Q1 net profit down 14%; FMCG revenue doubles
Reliance Retail said it will focus on Jiomart as a key lever for growth in the next four quarters
Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighs
Reliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. Reliance Consumer more than doubled…
Netflix shares tumble 13% after weak sales forecast, hit 22-month low
Netflix shares fell 12.6% to a 22-month low after a muted revenue outlook, despite Q2 results meeting expectations. The company's revenue growth is moderating, and…
JSW Steel’s profit doubles on revenue growth, beats estimates
JSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aided the company's…
Netflix shares tumble over 10% as slowing growth, less viewership data spook investors
Netflix recently saw a significant drop in its share prices following a forecast that indicated slower revenue growth. Additionally, the streaming service announced it would…
US Fed official warns of 'broad-based' inflation as firms urge action
A top Federal Reserve official said Friday that stubbornly high inflation is her bigger concern right now, warning that firms are urging the US central…
Chipmakers and other high-flying stocks slide as AI trade wobbles
As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the sustainability…

