Sales rise 10.35% to Rs 349.82 crore
Hindustan Bio Sciences reports standalone net loss of Rs 0.05 crore in the September 2024 quarter (31-10-2024)
Reported sales nil
Steel City Securities consolidated net profit rises 108.94% in the September 2024 quarter (31-10-2024)
Sales rise 21.43% to Rs 18.53 crore
KIOCL reports standalone net loss of Rs 69.21 crore in the September 2024 quarter (31-10-2024)
Sales decline 96.32% to Rs 15.86 crore
DCM Shriram consolidated net profit rises 95.16% in the September 2024 quarter (31-10-2024)
Sales rise 9.11% to Rs 2940.95 crore
Samsung posts weaker profit recovery as it misses out on AI boom (31-10-2024)
Samsung Electronics reported a higher profit for the third quarter compared to last year, albeit with a slower recovery pace. The company faces challenges in monetizing the AI boom amid competition from TSMC and SK Hynix. Its chip division saw a decrease in profits, and the mobile devices business also experienced a dip in operating profit.
Microsoft beats expectations, but AI concerns force shares down (31-10-2024)
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company’s big spending on the AI boom. During the quarter, Microsoft also returned $9.0 billion to shareholders through dividends and share repurchases, helping pump up share value.
Meta shows strong growth as AI spending surges (31-10-2024)
Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.
Gold climbs Rs 10, silver jumps Rs 100; precious metal trading at Rs 81,170 (31-10-2024)
The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 74,410
Yen struggles before BOJ decision; dollar stalls ahead of jobs data (31-10-2024)
The yen is under pressure as the Bank of Japan is expected to maintain ultra-low interest rates. The dollar has paused ahead of U.S. jobs data and the presidential election. Economic data from China and nonfarm payrolls in the U.S. also hold investor interest this week.