In the latest quarter, Reliance Industries reported a notable increase in profits, driven primarily by robust performances in their telecom and refining sectors. However, challenges in retail and upstream oil and gas segments put pressure on margins. On a positive note, Jio experienced remarkable growth in its digital services and home broadband offerings.
Indian markets saw a mixed close on Friday. Major US indices ended flat for the week as earnings season began. Healthcare stocks declined, while chipmakers saw gains. Banks reported solid results, but concerns over interest rate caps pressured financial shares. Investors are now looking ahead to more earnings reports next week.
Investors anticipate a strong corporate earnings season to sustain the U.S. stock market rally amidst policy proposals and geopolitical tensions. Key companies like Netflix, J&J, and Intel are set to release Q4 results, with expectations high for earnings growth in 2026. The market is also watching for Supreme Court rulings on tariffs and Fed independence.
The mother of one of Elon Musks children is suing his AI company, saying its Grok chatbot allowed users to generate sexually exploitive deepfake images of her that have caused her humiliation and emotional distress.
U.S. regulators have granted a five-week extension for Tesla to respond to allegations that its vehicles have broken traffic laws while operating in what the electric automaker calls full self-driving mode.
U.S. President Donald Trump suggested Friday that he may punish countries with tariffs if they dont back the U.S. controlling Greenland, a message that came as a bipartisan Congressional delegation sought to lower tensions in the Danish capital.
Advocate Lutheran General Hospital hopes to create a $99 million cancer center on its Park Ridge campus, a move that would have it join a growing list of Chicago area hospitals boosting their cancer care.
Chicago-based Levy is firing up its team of more than 1,200 mostly seasonal food service workers again this week to sate 60,000 boisterous Bears fans Sunday at Soldier Field.
