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Align Tech lifts annual sales forecast as teeth aligners power quarterly beat

(Reuters) - Align Technology on Wednesday raised its annual revenue growth forecast after topping Wall Street estimates for first-quarter profit, banking on resilient demand for its clear teeth

Meta forecasts higher AI spending and weaker revenue

By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, sending its shares tumbling as it

Lam Research forecasts quarterly revenue above estimates on AI chip boom

(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial

Tyler Technologies beats Q1 revenue estimates on strong demand for IT services

(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving

Meta raises 2024 expenses forecast to support AI development

(Reuters) -Meta Platforms said on Wednesday it expects overall expenses this year to be higher than it previously forecast as the Facebook parent spends heavily to roll out new AI products and

IBM to buy HashiCorp in $6.4 billion deal to expand cloud software

By Arsheeya Bajwa (Reuters) - International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap

TSMC says ‘A16’ chipmaking technology will start production in late 2026

SANTA CLARA, California (Reuters) - Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second half of 2026. At a

TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’

WASHINGTON (Reuters) - TikTok CEO Shou Zi Chew said Wednesday the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban the

TikTok suspends new app’s reward programme amid EU concerns

By Foo Yun Chee BRUSSELS (Reuters) -TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it tries to resolve EU concerns, the company said on X social media platform on

Klarna to offer payment services on Uber’s platform

(Reuters) - Sweden's Klarna on Wednesday partnered with Uber Technologies to offer its payment services across the company's ridesharing and food delivery platforms in a few markets, including the

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.