At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and capital goods are among sectors facing pressure, highlighting the uneven nature of the September-quarter earnings recovery.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence