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306 stories · latest 16 Jul 2026
Wipro's numbers show AI-led deals being signed without yet lifting revenue: large deal bookings grew 12.9% to $1.63 billion, but IT services revenue fell 1.4% on the quarter to $2.61 billion and the guided range of…
TSMC makes the advanced chips designed by Nvidia, AMD, Broadcom and Apple, so its $60-64 billion capex budget is revenue for equipment makers such as ASML and a gauge of how much AI chip supply can grow. The extra $100…
ASML is the only supplier of the EUV lithography machines used for leading-edge AI chips, so its guidance of €43-45 billion in 2026 sales shows how much of chipmakers' capital spending reaches Europe's largest…
Advanced AI at $171 million is under 5% of HCLTech's $3.65 billion quarterly revenue but is growing 62.1% a year against 2.6% for the company overall. The planned outlay of up to Rs 3,500 crore on AI data centres…
Cheaper fuel puts money back in household budgets, which supports spending at retailers, restaurants and travel companies, while it lowers the selling price for refiners and fuel retailers. For banks, insurers and…
The five banks set the tone for the Financials sector: their trading and deal-fee lines are shared with other brokers and investment banks, and their credit-quality readings are the first look at how card and loan…
Zero duty in the UK improves the price competitiveness of Indian apparel and home-textile exporters, seafood processors, leather and footwear makers, auto-component suppliers and engineering firms against rivals that…
A bidding war for a listed European airline during a fuel-price shock puts a private-capital value on the sector, a reference point for peers such as Wizz Air, Jet2, Ryanair and Air France-KLM. The EU ownership and…
The listing gives US funds direct access to one of the largest DRAM and flash memory makers, whose chips go into AI servers, and the report said the listing is aimed at narrowing its valuation gap with US-listed rival…
Delta is the first big US airline to report each season, so its numbers are read across the group. They show the mechanism at work in the sector: jet fuel, the largest variable cost, rose by about three quarters, and…
As the largest Indian IT services company, TCS sets the tone for the sector's results season. Near-flat constant-currency growth and a margin dip from salary increases show how slow client spending is capping earnings…
TCS is the first large Indian IT exporter to give a running dollar figure for AI work: $2.6 billion annualised, growing 13.6% in one quarter while group revenue grew 2.2%. The $9.5 billion of contract value signed in…
The federal budget is a direct order source for listed defence contractors and for builders, rail suppliers and construction-materials makers that work on German roads, bridges and track. The borrowing side matters to…
Crude is the revenue line for US exploration and production companies and the main cost input for refiners, airlines, truckers and chemical makers, so a slide to pre-war prices cuts both ways across listed sectors. The…
KNDS was one of the most prominent European IPO candidates of 2026, so its retreat is a setback for Deutsche Börse, Euronext and the banks lined up for the deal, and for the defence IPO pipeline that CSG opened in…
A busier new-issue market lifts fee income for exchange operators such as Euronext, Deutsche Börse and London Stock Exchange Group and for banks' equity capital markets desks, and gives private-equity and family owners…
The ruling limits a president's ability to reshape the Fed board quickly, which bears on the inflation credibility of US monetary policy and on the extra yield investors require on long-term Treasuries. Bond markets…
A Jio listing would rank among India's biggest public issues and lets investors value Reliance's telecom and digital arm on its own, which feeds directly into Reliance Industries' sum-of-the-parts valuation. Because it…
Open-market buybacks give cash-rich listed companies, including IT services firms and PSUs, a flexible way to return money by buying shares on the exchange over weeks rather than through fixed-price tender offers…
The warning shows the China slowdown and the energy shock eating into premium carmakers' profitability, a read-across for Mercedes-Benz, Porsche and Volkswagen's Audi, and for suppliers such as Continental and…
Cheaper crude directly narrows losses at IOC, BPCL and HPCL, whose earnings swing with the gap between pump prices and international product costs; diesel and LPG remain loss-making, so their recovery is partial. Lower…
The deal raised more than all US IPOs of the previous two calendar years combined, according to Renaissance Capital, and created one of the largest listed US companies overnight. Index funds and benchmarked managers…
Higher policy rates widen deposit and lending margins at euro-area banks such as BNP Paribas, Santander, UniCredit and ING, but raise funding costs for leveraged sectors including real estate, utilities and…
With headline inflation at 4.2% but core still below 3%, the shock was concentrated in fuel, which raises costs for airlines, truckers and delivery companies and eats into lower-income households' discretionary…
The swap lets banks with large NRI franchises raise long-tenor dollar deposits without bearing hedging costs, adding foreign-currency liquidity and supporting the rupee without heavier direct market intervention. For…
The bid reshapes Italian banking consolidation: MPS, Banco BPM and Unipol are directly involved, while UniCredit and BPER would face a much larger domestic rival. Because MPS controls Mediobanca, which holds a stake in…
A higher inflation path with rates unchanged removes the room for further easing and keeps bond yields firm, which affects borrowing costs for banks, NBFCs and corporates and the outlook for rate-sensitive realty and…
Semi-liquid private credit funds sold to wealthy individuals are a major growth channel for listed alternative asset managers such as Blackstone, Apollo, Ares, Blue Owl and KKR, so gated withdrawals and weaker inflows…
Monsoon rain still drives farm incomes and rural spending, so a forecast at the deficient threshold is a direct risk for rural-heavy FMCG companies, tractor and two-wheeler makers, and fertiliser and agrochemical…
The increases shrink daily losses at state-run fuel retailers IOC, BPCL and HPCL, which had been selling below cost, but pass the oil shock on to households and businesses. Diesel drives freight costs for FMCG, cement…
By delivering the EU's side of the deal, the agreement supports the 15% US tariff ceiling that matters most for European carmakers such as Volkswagen, BMW, Mercedes-Benz and Stellantis, and the exclusions that keep…
Because Ofgem resets the cap only periodically, the jump in wholesale gas prices had not yet reached household bills, leaving UK inflation below the euro area's in spring and allowing the Bank of England to keep Bank…
A weaker rupee raises the cost of crude, LNG, fertiliser, electronics and other imports, adding to inflation and squeezing companies that buy in dollars and sell at home, such as fuel retailers, airlines and…
Dominion's territory includes Loudoun County, Virginia, the world's largest concentration of data centres, so the deal puts a big slice of AI-driven power demand inside one regulated utility. It sets a valuation marker…
It was the first very large US tech IPO of 2026 and a direct test of investor appetite for alternatives to Nvidia in AI inference chips. The reception is a reference point for listed AI-hardware peers and for AI and…
A chair who wants less forward guidance adds uncertainty to the rate path at a time of energy-driven inflation, and that feeds into Treasury yields and the cost of capital for banks, mortgage lenders, homebuilders and…
SBI is the country's largest lender and a bellwether for state-run banks, so a margin squeeze after the 2025 rate cuts points to pressure on interest income across PSU banks, whose loans reprice faster than their…
The debut showed strong investor demand for European semiconductor manufacturing capacity, a positive signal for other technology companies in the Nordic IPO pipeline and for Nasdaq Stockholm as a listing venue. Listed…
The delay gives European software and industrial groups that build AI into their products, such as SAP, Siemens and Dassault Systèmes, as well as medical-device makers, more time and lower near-term compliance…
Fuel is one of an airline's largest costs, so the oil shock squeezes margins across European carriers including Air France-KLM, IAG, easyJet, Ryanair and Wizz Air, with the size of the hit depending on each airline's…
If adopted, the rule would cut compliance and audit work, mainly for small and mid-cap issuers, which a former SEC corporation finance chief quoted in the report sees as the first to opt in. Less frequent mandated…
Spirit's exit removes a low-fare competitor from many leisure routes, giving larger listed carriers such as United, Delta, American, JetBlue and Frontier room to absorb its passengers, although several agreed to cap…
Sustained foreign selling weighs most on large, foreign-owned stocks such as private banks, IT services companies and other index heavyweights, and adds pressure on the rupee. Domestic mutual fund and insurance buying…
The jump reflects the oil and gas shock that followed the outbreak of war involving Iran at the end of February, and it took headline inflation well above the ECB's 2% target, setting the stage for the bank's first…
Hyperscaler capex is revenue for chip designers, memory makers, server and networking vendors, and for the utilities, power-equipment makers and contractors building data-centre capacity. The same spending weighs on…
India imports most of its crude, so a spike of this size widens the import bill and current-account deficit, weakens the rupee and lifts fuel and petrochemical costs. State-run fuel retailers such as IOC, BPCL and HPCL…
The deal concentrates the global elevator and escalator market, so competition reviews are the main hurdle and listed rivals Otis and Schindler are the companies most directly affected by changes in pricing power or by…
The split showed policymakers torn between a soft labour market and energy-driven inflation, with three voters already resisting any signal of easing. Banks' lending margins, mortgage-sensitive homebuilders and real…
The purchase roughly doubles Sun Pharma's revenue base and deepens its exposure to the US and biosimilars, but it is financed largely with $9.25-9.75 billion of new borrowing, so integration, synergy delivery and debt…
Guidance from India's second-largest IT services company is read as a gauge of sector demand for the year. A low single-digit band, which analysts tied to AI-led pricing deflation, puts pressure on revenue growth and…