Indian companies are showing robust profit growth, with a double-digit year-on-year increase in net profit for the fourth consecutive quarter. While sectors like oil, gas, and retail are performing well, banking, finance, and IT are lagging. Analysts anticipate a multi-quarter earnings upcycle, boosted by economic stimuli and policy measures.
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