Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…
Today’s newswrap highlights fiery political statements, a landmark temple ceremony, and cricket drama. Prime Minister Narendra Modi hoisted the saffron Dharma Dhwaj atop the Ram Temple, declaring that centuries of pain had finally been addressed. Assam CM Himanta Biswa Sarma called singer Zubeen Garg’s death a “plain murder,” hinting at a shocking motive. Bengal CM…
File photo: Air India chief executive Campbell Wilson (Picture credit: PTI) Air India is set to roll out a major refresh of its aircraft, cabins and lounges as part of a wider push to win back passengers after the tragic June crash that killed 260 people. The Tata-owned airline, which has been working on a…
Derivatives metrics show rising bearish positioning followed by a sharp reduction in open interest, while price recovery hints at early squeeze dynamics. Source link
‘Congratulations India for restoring important civilizational symbol’: Israeli Ambassador on Ayodhya Dhwajarohan ceremony NEW DELHI: Reuven Azar, Israeli Ambassador to India, extended greetings on the Dhwajarohan ceremony in Ayodhya of the Ram Mandir and called it an important civilizational symbol.He also shared pictures from his visit to the temple during its construction. Decoding Ayodhya’s Dharma…
Check out the companies making headlines in after-hours trading. Zoom Communications — The work services stock jumped almost 4% after posting stronger-than-expected third-quarter earnings and upbeat full-year guidance. Zoom earned $1.52 per share excluding items on $1.23 billion in revenue, while analysts polled by LSEG penciled in $1.44 a share and $1.21 billion, respectively. The…
In the very short-term, spot gold will move as per the shifts in the December Fed rate cut probability. (AI image) Gold price prediction: Gold prices are likely to be influenced by the buzz around the prospect of the US Federal Reserve cutting rates in the coming reviews, says Praveen Singh, Senior Fundamental Research Analyst-…
Rising odds of a Fed pivot helped calm crypto markets, while QCP and Glassnode point to a reset in leverage, fading sell pressure, and early signs of a bottoming structure as traders hedge both downside and late-year upside. Source link
NEW DELHI: Airline operations across parts of the country faced disruptions after volcanic ash from Ethiopia’s Hayli Gubbi eruption drifted toward western and northern regions, prompting the Directorate General of Civil Aviation (DGCA) on Monday to issue a detailed advisory.The ash plume, travelling at high altitudes and significant speed, entered Gujarat and moved eastward through…
