Tag: Consumer electronics

Infosys, Wipro and other IT stocks fall up to 3% after TCS Q1 earnings disappoint on revenue quality

Stocks
Shares of Indian IT majors slumped up to 3% on Friday, with Tata Consultancy Services (TCS), Infosys, and Wipro leading sectoral losses after TCS’s first-quarter earnings showed sluggish growth and failed to reassure markets amid...

Asian markets mixed; Wall Street hits record high; Hong Kong’s Hang Seng jumps 1.6%

Business
( Representative AI image) Asian markets were mixed on Friday as investors stayed cautious despite Wall Street hitting record highs.Chinese markets led regional gains, with the Hang Seng Index in Hong Kong surging 1.6%...

Best Buy broadly misses earnings estimates as consumers pull back on appliances, electronics

Market
Even artificial intelligence couldn't make up for flagging consumer demand at Best Buy (BBY). For the twelfth consecutive quarter,...

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