BENGALURU (Reuters) -Shares of Wipro fell as much as 6.3% on Thursday after the company projected a weak June quarter,…
Tag: forecast
TSMC forecast lifts gloomy mood in chip stocks, tariff worries linger
By Ankur Banerjee SINGAPORE (Reuters) -Taiwan’s TSMC on Thursday lifted some share prices in Asia and Europe amid U.S. President…
IMF chief cuts growth forecast over ‘off the charts’ trade uncertainty
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
AI Demand Cuts Drive Target Drop Amid ASIC Forecast Reductions
We recently published a list of 14 AI Stocks Catching Wall Street’s Attention. In this article, we are going to…
UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it…
Singapore cuts growth forecast as trade war hits global outlook
Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a…
BoI keeps rate unchanged, cuts growth forecast
The Bank of Israel Monetary Committee, headed by Governor Prof. Amir Yaron, has announced that it has kept the…
Sempra Selling Assets as Shares Flounder in Wake of Forecast Cut
Breadcrumb Trail Links PMN Business Sempra is launching a process to sell some natural gas assets just weeks after shares…
FedEx shares slide as annual forecast cuts stoke worries on economy
By Shivansh Tiwary (Reuters) -FedEx’s shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning…
Infosys, TCS, HCL Tech in focus as Accenture raises full-year revenue forecast on AI demand
Shares of IT stocks TCS, HCL Tech and Infosys will be in focus after global peer Accenture raised the lower…