India’s hospital sector shows strong momentum, with double-digit revenue and EBITDA growth supported by demand, bed expansions, and operational efficiencies. Despite margin pressures from new hospitals and slightly lower occupancy, capacity additions and rising healthcare demand position Apollo Hospitals and Max Healthcare for sustained profitability and attractive medium-term growth.
US Stocks: Qualcomm unveils $20 billion stock buyback program; shares jump 3%
Smartphone chip designer Qualcomm on Tuesday unveiled a $20 billion stock buyback program as it looks to take advantage of a steep drop in its