Jubilant FoodWorks, owner of Domino’s and Dunkin’ brands, saw a decline in profits this quarter. Revenue, however, increased significantly. The company added 73 new stores, bringing the total to 3,120. Domino’s India achieved record high monthly active users. The company’s shares closed slightly lower after the announcement of these results.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and