Infosys, Wipro ADRs fall over 4% following Q2 earnings on Thursday

Infosys reported a 5% rise in Q2 net profit, reaching Rs 6,506 crore. Driven by strong performance and mega-deals, the company raised its FY25 revenue growth guidance to 3.75%–4.5% from the previous 3-4%.

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Asian stocks decline as traders retreat from tech

Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies