Q2 Results
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Tariffs Aren't Keeping Walmart From Attracting Shoppers And Outpacing Target
Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.
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Elon Musk Gives One-Word Reply To Sundar Pichai's Post On Alphabet's Quarterly Results
Google's parent company, Alphabet, recently reported its quarterly results that exceeded expectations. Elon Musk acknowledged the impressive results, sparking a brief exchange.
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Nintendo Switch Games Will Be Playable on Switch Successor, Nintendo Confirms
The successor to the Nintendo Switch will support backwards compatibility with the Switch, Nintendo confirmed Wednesday. At a company briefing, Nintendo president Shuntaro Furukawa announced that Nintendo Switch software would be playable on the Switch 2.
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EA CEO Suggests Apex Legends 2 Not Part of Plans as Season 22 Falls Short of Expectations
Electronic Arts is likely not looking to work on an Apex Legends sequel, the company suggested at its 2024 second-quarter earnings call on Tuesday. EA CEO Andrew Wilson said that a second iteration of a live service title was almost never as successful as the first version.
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TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
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Reddit Announces Plans for Testing AI-Powered Summaries for Search Result Pages
Reddit will begin testing summaries generated using artificial intelligence (AI) for content, the company announced during its earnings call with investors on Tuesday. The AI-powered summaries will appear at the top of the search result pages. Courtesy of this feature, Reddit aims to help users “dive deeper” into the platform’s content, inclu...
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Xiaomi Reclaims Top Spot as Smartphone Manufacturer in India in Q2 2024: Canalys
Smartphone shipments in India grew by only one percent in the second quarter (April-June) of 2024 on a year-on-year (YoY) basis, according to a report by a technology market analyst firm. The report suggests that the slight growth is a result of a number of different factors including national elections, lower seasonal demand and extreme weather co...
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iPhone Assembler Foxconn Reports One-Percent Drop in Q2 Net Profit Amid Weak Global Demand for Electronics
iPhone assembler Foxconn on Monday reported that its Q2 net profits have dropped by one percent, amid a decline in consumer demand. The net profit for the April-June quarter slipped to T$33 billion (roughly Rs. XXX crore), according to the Apple supplier. Foxconn said it expects revenue for smart consumer electronics to see a year-on-year decline i...
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NDTV's Best Half-Year Results In 13 Years, TV And Digital Both Profitable
The NDTV Group is declaring its most-profitable half-yearly results in over a decade. For Q2 as well, the Group remains as profitable as last year, despite incurring higher costs.
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Snap Q2 Report Sparks $80 Billion Loss in Ad Industry Market Cap Amid Tiktok Competition, Inflation Concerns
Snap announced poor second quarter earnings on Thursday, missing Q2 revenue targets and bringing the company’s shares down by 26 percent. The camera-based chat service has lost over 70 percent in 2022. The report also sparked a selloff in rival internet ad sellers, as Facebook owner Meta dropped 5 percent in extended trade, while Alphabet and Pin...
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Hero MotoCorp Q2 Profit Declines 22 Per Cent, Confirms EV Launch By March Next Year
Hero MotoCorp said that the electric vehicle is in the advanced stages and the product will be manufactured at its Chittoor plant in Andhra Pradesh.
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Nissan Triples Profit Forecast On Strong Quarterly Results
Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.
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Mahindra Sees 8-Fold Growth In Q2 FY2022 Profit At Rs. 1,432 Crore; Total Revenue Up 15%
Mahindra & Mahindra has released the financial results for the second quarter of Financial Year 2021-22. In the quarter that ended with September 30, 2021, the home-grown automaker registered a Profit After Tax (PAT) of Rs. 1,432 crore, an 8X growth compared to Rs. 162 crore profit that the company reported during the same quarter in 2020.
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Tata Motors Records Net Loss Of Rs. 4,441 Crore In Q2 FY2022
The net loss for the company has widened by quite a margin as the it had posted a net loss of Rs. 314 crore in the same quarter a year ago (Q2FY21).
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Robinhood Crypto Revenue Dips Sharply From Decline in Trade Volume, Dogecoin Price Fall
Robinhood's Q3 2021 crypto revenue has fallen 78 percent from the last quarter. The company's Q2 results were bolstered by the Dogecoin community with the memecoin representing a whopping 62 percent of crypto revenue.
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Tariffs Aren't Keeping Walmart From Attracting Shoppers And Outpacing Target
Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.
-
Elon Musk Gives One-Word Reply To Sundar Pichai's Post On Alphabet's Quarterly Results
Google's parent company, Alphabet, recently reported its quarterly results that exceeded expectations. Elon Musk acknowledged the impressive results, sparking a brief exchange.
-
Nintendo Switch Games Will Be Playable on Switch Successor, Nintendo Confirms
The successor to the Nintendo Switch will support backwards compatibility with the Switch, Nintendo confirmed Wednesday. At a company briefing, Nintendo president Shuntaro Furukawa announced that Nintendo Switch software would be playable on the Switch 2.
-
EA CEO Suggests Apex Legends 2 Not Part of Plans as Season 22 Falls Short of Expectations
Electronic Arts is likely not looking to work on an Apex Legends sequel, the company suggested at its 2024 second-quarter earnings call on Tuesday. EA CEO Andrew Wilson said that a second iteration of a live service title was almost never as successful as the first version.
-
TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
-
Reddit Announces Plans for Testing AI-Powered Summaries for Search Result Pages
Reddit will begin testing summaries generated using artificial intelligence (AI) for content, the company announced during its earnings call with investors on Tuesday. The AI-powered summaries will appear at the top of the search result pages. Courtesy of this feature, Reddit aims to help users “dive deeper” into the platform’s content, inclu...
-
Xiaomi Reclaims Top Spot as Smartphone Manufacturer in India in Q2 2024: Canalys
Smartphone shipments in India grew by only one percent in the second quarter (April-June) of 2024 on a year-on-year (YoY) basis, according to a report by a technology market analyst firm. The report suggests that the slight growth is a result of a number of different factors including national elections, lower seasonal demand and extreme weather co...
-
iPhone Assembler Foxconn Reports One-Percent Drop in Q2 Net Profit Amid Weak Global Demand for Electronics
iPhone assembler Foxconn on Monday reported that its Q2 net profits have dropped by one percent, amid a decline in consumer demand. The net profit for the April-June quarter slipped to T$33 billion (roughly Rs. XXX crore), according to the Apple supplier. Foxconn said it expects revenue for smart consumer electronics to see a year-on-year decline i...
-
NDTV's Best Half-Year Results In 13 Years, TV And Digital Both Profitable
The NDTV Group is declaring its most-profitable half-yearly results in over a decade. For Q2 as well, the Group remains as profitable as last year, despite incurring higher costs.
-
Snap Q2 Report Sparks $80 Billion Loss in Ad Industry Market Cap Amid Tiktok Competition, Inflation Concerns
Snap announced poor second quarter earnings on Thursday, missing Q2 revenue targets and bringing the company’s shares down by 26 percent. The camera-based chat service has lost over 70 percent in 2022. The report also sparked a selloff in rival internet ad sellers, as Facebook owner Meta dropped 5 percent in extended trade, while Alphabet and Pin...
-
Hero MotoCorp Q2 Profit Declines 22 Per Cent, Confirms EV Launch By March Next Year
Hero MotoCorp said that the electric vehicle is in the advanced stages and the product will be manufactured at its Chittoor plant in Andhra Pradesh.
-
Nissan Triples Profit Forecast On Strong Quarterly Results
Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.
-
Mahindra Sees 8-Fold Growth In Q2 FY2022 Profit At Rs. 1,432 Crore; Total Revenue Up 15%
Mahindra & Mahindra has released the financial results for the second quarter of Financial Year 2021-22. In the quarter that ended with September 30, 2021, the home-grown automaker registered a Profit After Tax (PAT) of Rs. 1,432 crore, an 8X growth compared to Rs. 162 crore profit that the company reported during the same quarter in 2020.
-
Tata Motors Records Net Loss Of Rs. 4,441 Crore In Q2 FY2022
The net loss for the company has widened by quite a margin as the it had posted a net loss of Rs. 314 crore in the same quarter a year ago (Q2FY21).
-
Robinhood Crypto Revenue Dips Sharply From Decline in Trade Volume, Dogecoin Price Fall
Robinhood's Q3 2021 crypto revenue has fallen 78 percent from the last quarter. The company's Q2 results were bolstered by the Dogecoin community with the memecoin representing a whopping 62 percent of crypto revenue.
