Urban Demand Decline Threatens India's FMCG Sector in 2025
India's FMCG sector faces challenges in 2025 as urban middle-class spending falters and inflationary pressures rise, potentially impacting consumption and company margins.
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Serie A Teams Up with Meta to Combat Illegal Streaming
Serie A joins forces with Meta to combat illegal live streaming of soccer matches on Facebook and Instagram, aiming to protect broadcast rights and revenue. The partnership include...
Japan Firms Maintain CPI Expectations Despite Economic Uncertainties
Japanese companies expect consumer prices to rise an average 2.4% a year from now, unchanged from their projection three months ago, according to a BOJ survey. Companies also antic...
Canada Considers $15 Billion Green AI Data Center Incentive
Canada's federal government is considering a $15 billion incentive to encourage domestic pension funds to invest in green energy-powered AI data centers, amid global constraints on...
Texas Investigates Tech Platforms for Minor Safety and Privacy Concerns
Texas Attorney General Ken Paxton announced investigations into tech platforms' privacy and safety practices for minors, including Character.AI and others. The probes focus on comp...
Costco Reports Impressive 7.5% Q1 Sales Growth to $60.99 Billion
Costco reports a 7.5% increase in Q1 net sales to $60.99 billion, with total revenue of $62.1 billion and EPS of $4.04, surpassing expectations and driving stock growth.
Broadcom Achieves Record Revenue in Q4 2024, Driven by AI and Semiconductor Growth
Broadcom Inc. reported a 51% increase in Q4 2024 revenue to $14 billion, driven by AI and semiconductor growth. Net income rose 23% to $4.3 billion, and diluted earnings per share ...
Broadcom Anticipates Strong Q1 Revenue Surge Driven by AI Chip Demand
Broadcom forecasts Q1 revenue above estimates, driven by strong demand for AI chips and networking gear. Shares rose 3% in extended trading, reflecting a year-to-date gain of 60%. ...
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