“Tata Motors’ standalone revenue to largely remain flat QoQ owing to flat volumes. EBITDA margin to expand by ~80bps RM cost easing out. We expect JLR volumes to grow in mid-single digit led by servicing of order book and semiconductor supply improving. EBITDA margin to improve by ~100bps sequentially,” Prabhudas Lilladher said.
Peter Lynch does not like the AI trade; here’s why he says ‘Know what you own’
Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit