Palantir Technologies has revised its annual revenue forecast upwards once more, attributing this back to robust demand from both government and commercial sectors. U.S. government revenue saw an impressive surge of ninety percent. Furthermore, the company has significantly adjusted its expectations for U.S. commercial revenue, illustrating how the swift growth in this market is propelling Palantir forward.
BSE Q1 Results: BSE Ltd reported a 62% year-on-year profit rise in the first quarter of FY27. Revenue from operations increased significantly, contributing to the strong financial performance. Investment income also saw a sharp increase during the quarter. Profit before tax grew by 66% compared to the previous year. Total expenses rose by 49% as various costs increased.
McDonald’s posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers curbed spending. The company appointed a new US president, expanded value offerings and aims to revive momentum in its largest market amid economic pressures.
Nifty rebounded nearly 150 points during Tuesday’s closing auction after spending most of the session in the red, highlighting the impact of the new Closing Auction Session. Analysts attributed the volatility to expiry-day adjustments and early implementation issues in the revised closing price mechanism.
DLF Ltd aims to reach its ambitious Rs 20,000 crore sales target this fiscal year, despite a considerable drop in pre-sales in the June quarter owing to a lack of new project launches. The company is now prioritizing cash flow enhancement and investigating strategic land purchases in the Delhi-NCR region.
Sri Lotus Developers will rebuild a commercial project in Mumbai. This Juhu redevelopment will comprise premium commercial and retail spaces. The project is estimated to generate Rs 1,600 crore in revenue. It is expected to commence in the third quarter of FY28. Completion is targeted within three to four years from commencement.
Indian benchmark indices ended lower on Tuesday, snapping a four-day winning streak amid volatility following the introduction of the new closing auction session framework. The Sensex dropped 210 points to close at 78,429, while the Nifty slipped 159 points to 24,615, reflecting stock-specific adjustments and mixed broader market performance.
Goldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear talks. Physical oil markets are tightening significantly due to reduced flows from key regions. Gulf oil exports have dropped substantially from pre-war levels. Russian crude supplies also show a recent decline, impacting global availability.
Chinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technology rally lifted sentiment. While mainland markets advanced, Hong Kong shares slipped despite gains in Alibaba, with investors also weighing slower manufacturing growth and broader regional market trends.
The first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearish positions. However, analysts believe lasting gains will depend on the Bank of Japan backing the move with interest rate hikes, as the US-Japan yield gap remains the key driver of yen weakness.
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