Tesla China Sale Report Raises SpaceX Merger Questions
Key takeaways DealStreetAsia reported that Tesla is weighing options for its China business. A sale could reduce conflicts before any…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
NSE Q1 Profit Reaches ₹3,120 Crore Ahead of IPO
Key takeaways NSE Q1 profit rose 7% year on year to ₹3,120 crore. The April-June result comes before a proposed…
Samsung chip shortage could stretch through 2028
Key takeaways Samsung says tight supplies of advanced chips could continue until 2028. AI data centres need huge amounts of…
M&M Q1 Profit Jumps 34% as Revenue Rises 27%
Key takeaways Mahindra & Mahindra reported a 34% year-on-year rise in quarterly profit. Revenue grew 27%, showing that sales rose…
HSBC Loan Sale Sends $25B Australian Debt to Blackstone
Key takeaways Blackstone plans to buy about $25 billion in Australian home and personal loans from HSBC. Borrowers should keep…
Apple Tariff Refund Adds $2.2 Billion to Quarterly Cash
Key takeaways Apple said it received a $2.2 billion tariff refund during its latest quarter. The payment boosted cash, but…
Xbox 2030 Plan Targets Higher Margins Than Rivals
Key takeaways Microsoft wants Xbox to beat rival gaming platforms on profit margin by 2030. Profit margin is the money…
Qualcomm Chip Price Hikes Start September 1: What Changes
Key takeaways Qualcomm is reportedly set to charge more for some phone chips from September 1. Phone makers may absorb…
Reddit Q2 Earnings Beat Forecasts as Ad Sales Jump
Key takeaways Reddit reported revenue of $625 million, beating Wall Street forecasts. Ad sales powered the quarter as more businesses…
AWS Revenue Growth Hits Fastest Pace Since 2021
Key takeaways AWS posted its quickest sales growth rate since 2021 during Q2 2026. Amazon linked the jump to demand…