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Asian shares opened higher, mirroring Wall Street's gains driven by AI-linked companies. Gold and oil saw slight declines following a reported Middle East peace deal. Investors are closely watching China's market reopening after a holiday break, balancing AI enthusiasm against cautious consumer spending data.
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News and Media
Donald Trump's administration announced an imminent Gaza deal, a culmination of behind-the-scenes pressure on Benjamin Netanyahu and Arab leaders. Trump leveraged Arab unity after an Israeli attack on Hamas in Qatar to push for his peace plan, ultimately securing a Hamas offer on hostages.
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TCS is poised to report a modest sequential revenue increase in dollar terms for the September quarter, following a prior decline. However, operating margins and net profit are anticipated to weaken due to lower employee utilization and the impact of partial salary hikes. Investors will be closely watching for insights into the deal pipeline and future outlook.
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News and Media
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