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BENGALURU (Reuters) - India's information technology companies, among the worst-performing sectors this year, may not see a recovery in fiscal 2026, analysts said, after Accenture flagged weak discretionary spending and demand in its quarterly report.
The upcoming Nintendo Switch 2 is expected to be priced between US$400 (RM1,772) to US$500 (RM2,215) according to analysts in a Bloomberg report, making it priced on par with Sony's PlayStation 5 and the most expensive Nintendo console yet.
(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday.
PETALING JAYA: Analysts have maintained their "buy" call on aviation company Capital A Bhd on the premise that it will turn around.
GDANSK (Reuters) - Shares of CD Projekt fell nearly 13% in early trading on Wednesday after the game developer said the premiere of "Witcher IV" was scheduled for after 2026, fuelling fears of an even longer wait for the new instalment in the blockbuster series.
SEOUL (Reuters) -North Korean leader Kim Jong Un supervised the test of suicide drones with artificial intelligence (AI) technology and said unmanned control and AI capability must be the top priorities in modern arms development, state media reported on Thursday.
CHINESE food and beverage brands are gaining ground across South-East Asia, offering alternatives to big name American chains and expanding Beijing's commercial and cultural influence in neighbouring economies.
The S&P 500 and Nasdaq ended sharply lower on Thursday, weighed down by a slump in chipmaker Nvidia after its quarterly report failed to rekindle Wall Street's AI rally, while investors focussed on data pointing to a cooling US economy.
(Reuters) - Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday.
(Reuters) - Super Micro Computer said on Tuesday it believes it will be able to file delayed annual and quarterly reports with the U.S. Securities and Exchange Commission (SEC) by February 25, sending its shares up over 8% after the bell.
LONDON: Danish brewer Carlsberg said its annual organic operating profit grew by 6%, at the top end of its guidance range, and forecast further growth of between 1% and 5% for the current year.
(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter.
PETALING JAYA: Analysts remain optimistic on Gamuda Bhd’s job prospects, saying that its recent share price weakness presents a buying opportunity.
Prudential Financial Inc’s shares fell in post market trading after the insurer posted a surprise loss for the fourth quarter.
PETALING JAYA: Macro and operational challenges resulting in lower plant utilisation may impact chemical manufacturer PETRONAS Chemicals Group Bhd's (PetChem) first quarter of the financial year 2025 (1Q25), although higher urea prices may support the company's fertiliser and methanol division's forecast.
(Reuters) - PDD Holdings, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in the company's Chinese e-commerce business despite deep discounts and government stimulus to boost spending.
PETALING JAYA: Hospital operators and insurance companies are unlikely to be significantly impacted by the government's move to raise private general practitioner (GP) fees.
KUALA LUMPUR: The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).
As banks increasingly turn to AI, cybercriminals are doing the same – and are becoming increasingly sophisticated in its use.
(Reuters) - JPMorgan Chase has begun rolling out a generative artificial intelligence (AI) product, telling employees that its own version of OpenAI's ChatGPT can do the work of a research analyst, the Financial Times reported on Friday.
