Best Buy on Wednesday named insider Jason Bonfig as CEO, replacing longtime executive Corie Barry, in a leadership change that comes as the U.S. retailer grapples with weak consumer demand and tariff-related supply-chain pressures.
Philip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and rising competition in tobacco products.
Crypto entrepreneur Justin Sun on Tuesday sued World Liberty Financial, the digital currency venture co-founded by U.S. President Donald Trump and his sons, alleging that World Liberty illegally froze his holdings of tokens issued by the company.
Boeing on Wednesday reported a much smaller first-quarter loss than analysts expected, a sign of continued operational recovery at the U.S. planemaker after years of crises that dented its reputation and left it with a mountain of debt.
Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump said he would extend a ceasefire with Iran on Tuesday.
Sunteck Realty Ltd on Tuesday reported a 27 per cent increase in consolidated net profit to Rs 63.75 crore in the March quarter of the last fiscal year.
Markets ended lower on Wednesday, with IT stocks dragging indices, while select counters like Adani Energy Solutions and Websol Energy System bucked the trend amid stock-specific triggers.
Francois Rochon highlights that building wealth requires patience. Investors often face information overload, leading to impulsive decisions. Owning great companies, rather than trading, shifts focus to business performance. These companies possess strong advantages and growth potential. Ignoring market fluctuations and trusting the compounding process leads to steady, confident wealth creation over time.
Sensex and Nifty have overall begun the new financial year 2027 on a positive note, recovering some of the losses which were recorded during the sharp downturns of March.
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