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Standalone net loss was Rs 2,661.37 crore in April-June - the first quarter of current 2026-27 fiscal year - against a profit of Rs 5,688.60 crore a year back and earnings of Rs 11,377.51 crore in the preceding three months (January-March). IOC, just like other state-owned fuel r

The stock shed $31.48 in the session, slipping from its previous close of $333.43. If the decline holds, it would be Apple’s steepest one-day fall since the pandemic-driven selloff of March 2020 and would wipe nearly $500 billion from its market value. The slide would also return

ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war. Chevron's net income soared to $12 billion, a nearly 400% increase compared to $2.5 billion in the same period last year. Adjusted earnings came in at $6.06 per

Just a few short years ago, General Motors and Ford were all in on electric vehicles, spending billions of dollars on those efforts. Now the two biggest American automakers are hardly talking about EVs with their investors. TechCrunch teamed up with Hudson Labs, a New York-based

Dell Technologies has added PowerStore support for Nutanix Cloud Platform, available starting with Nutanix Cloud Infrastructure (NCI) 7.6. The integration is delivered through Dell Private Cloud, combining PowerStore all-flash storage with Nutanix Cloud Platform and AHV virtualiz

Hundreds of thousands of student loan borrowers have gotten their debts forgiven, or soon will, due to a $23 billion class-action settlement with the U.S. Department of Education. The student loan borrower plaintiffs said that their schools significantly misled them and that the

Democratic senators on Friday demanded information on more than a dozen critical mineral deals with the federal government that potentially benefit the families of President Donald Trump or Commerce Secretary Howard Lutnick. The federal government is working on deals with at leas

AI - OFF-PREM Enterprise cloud infrastructure uptake shows no sign of slowingCloud revenue now north of $143 billion a quarter, and growth is accelerating - DEVOPS Dev who

The ongoing shortage of RAM chips is not only expected to persist into the next year, but will likely intensify in 2027, with tight supply conditions lasting until at least 2028, according to Samsung, which manufactures and supplies roughly a third of the world’s memory chips. Sa

Artificial Intelligence Optimizing production agents with Amazon Bedrock AgentCore Observability As your AI agents move from prototype to production, the challenges shift from getting them to work to keeping them fast and efficient. In Part 1 of this series, we walked through deb

New York state sued prediction market platform Kalshi on Friday, alleging that the company is running an "illegal gambling operation." In a case filed in a Manhattan state court, the lawsuit claims that Kalshi accepts wagers as a gambling business in disregard for the state's con

Episode details Available for over a year Today, an almighty bust up is happening in the world of football between Fifa and Uefa. FIFA, who run the World cup, whose President Gianni Infantino recently announced a proposal to sell stakes in its competitions to private investors. U

Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year. The stock shot up more than 10% in extended trading. Here's how the company did, compared with es

Following Microsoft's (MSFT) Q4 earnings and record-setting appreciation ($450 billion in market capitalization gained in a single trading day!), the immediate binary event risk is officially behind us. Despite the surrounding noise regarding elevated AI capital expenditure, the

Amazon’s second quarter online store net sales grew 15% year over year to about $70.4 billion. The company’s physical store net sales grew more modestly at 4% to reach nearly $5.8 billion, according to a Thursday release. Amazon Web Services continued to shine with net sales jump

It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about. From eBay’s harassment settlement to Etsy completing its sale of Depop, here’s our closeout f

SpaceX said on Thursday that it will remove the unpermitted turbines powering its xAI data centers near Memphis as it transitions to a permanent, 1.2 gigawatt natural gas power plant. The turbines won’t be completely removed until July 2027, though. SpaceX said that it’s currentl

Off the Wire Press Releases July 31, 2026 — A University of California San Diego research team has found a better way to understand and stabilize hydroxyapatite, the calcium phosphate mineral that makes up much of our teeth and bones. By adding tiny amounts of europium, a rare-ea

30 years of CPUs at Tom’s Hardware — looking back on three decades of processors, from the Pentium II to Ryzen 9 9950X3D2 We’ve been covering CPUs for a long time. It’s time to zoom out for some perspective. We're celebrating the 30th anniversary of Tom's Hardware. Since the begi

The demand for high-quality video continues to accelerate across industries, powering everything from immersive streaming experiences to remote collaboration, generative AI media tools, and large-scale content delivery. Behind these experiences is a growing need for video pipelin

Amazon disclosed Thursday that it has received $600 million in tariff refunds after the Supreme Court ruled that many of President Donald Trump's levies were illegal, and said it expects to return some of that cash to customers. "We are participating in the tariff refund process

President Donald Trump's son Eric Trump has recently become the third-largest private investor in the original Space-Eyes, which has operated primarily as a research-and-development company and generated about $1 million in annual revenue, according to people familiar with the ma

Shares of Navratna defence PSU Bharat Electronics Ltd. (BEL) are likely to remain on investors' radar on Monday, August 3, after the company announced a sizeable order win in post-market hours on Friday. In a regulatory filing, the company said it has secured additional orders wo

Tom’s Hardware’s 30th Anniversary — From Intel feuds and DIP switches to 30 years of unbiased testing We take a look back at the history of Tom’s Hardware as we celebrate our 30-year anniversary. It has now been 30 years since our founder and namesake, Dr. Thomas Pabst, wrote the

AI - OFF-PREM Enterprise cloud infrastructure uptake shows no sign of slowingCloud revenue now north of $143 billion a quarter, and growth is accelerating - DEVOPS Dev who

The Maryland-based real estate investment trust, which owns shopping centers and mixed-use properties leased to tenants including Trader Joe's, Whole Foods and Best Buy, has benefited from demand for space in densely populated, high-income metropolitan markets. * The company expe

Earlier, the deadline to complete the digital platform accessibility audit was April 30 and the timeline to complete the remediation of those audit findings and achieve full compliance was July 31. Sebi extended the deadline until October 31, 2026, following various formal reques

Qatar sent its first liquefied natural gas cargo through the Strait of Hormuz in weeks, while oil company ADNOC is also moving ships into position for loadings, Bloomberg reported — signs that production may ramp up if flows are sustained. Before the war, roughly a fifth of the w

The clarification came in an informal guidance letter issued to IDBI Bank, which had sought Sebi's view on whether its proposed sale of unlisted equity shares to non-qualified institutional buyers through off-market transactions would be regarded as a public offer under securitie

Kalahridhaan Trendz Ltd (KTL) is in the business of manufacturing and trading of various types of fabrics and was listed on the NSE's SME platform Emerge. Sebi restrained KTL and its promoter and Managing Director Niranjan D Agarwal from the securities markets for two years. Dire

Apple CEO Tim Cook says the company is fighting 'a hundred-year flood' on memory pricing — expects to pay even more for memory in September following recent price hikes Apple's filings show the size of the buffer absorbing the DRAM shock. Apple will pay even more for memory in th

OpenAI said the rogue models that breached Hugging Face's internal systems also used publicly exposed credentials across "four accounts on four services" to help facilitate the attack, further clarifying how the "unprecedented cyber incident" unfolded. The company disclosed last

Reddit is taking a cue from TikTok to bring viral stories to life through video. On Thursday’s second-quarter earnings call, the company said it’s been working on a new “video Reddit” experience that would not only allow users to watch videos from the platform, but also listen to

While AI agents are increasingly capable of solving customer support problems, most people can still tell immediately when they’re talking to a machine instead of a human. Smallest.ai, a startup founded in late 2024, is betting the next leap in voice agents will not come from mak

During Meta’s Q2 2026 earnings call, Mark Zuckerberg said that other revenue in the family of apps segment crossed $1 billion, largely thanks to WhatsApp paid messaging and subscriptions. As more businesses use WhatsApp to reach consumers, users’ inboxes often get cluttered, maki

Oman’s efforts to end the Strait of Hormuz impasse center on a key section of international maritime law, one whose application is opposed by both Iran and the West — for different reasons. Article 26 of the UN Convention on the Law of the Sea allows countries to levy some fees o

Procore’s one of the great pre-AI vertical software leaders. Construction software, 3 million projects, 150+ countries, roughly $1.5B in ARR. But growth slowed as for many the past 24 months. They’ve finally turned it around a bit. And then spent $845 million on a drone leader in

Federal Reserve officials who voted this week against the decision to hold interest rates steady said Friday they favor hiking now as a way to stave off inflation. "In my view, now is the time for the [Federal Open Market Committee] to act to speed the return of PCE inflation to

The US said it will back a rare earths project in Madagascar as part of its efforts to chip away at China’s dominance of the critical minerals sector across Africa. Washington’s Development Finance Corporation will commit up to $4.8 million to the Ampasindava project, paving the

Belgium has approved a state guarantee to help cover advance payments for future germanium supplies from DR Congo. The pact backs a plant that, once at full capacity, could supply up to 15% of the world’s demand for the critical mineral, as Europe seeks to reduce its reliance on

South Africa appointed a deputy minister in the presidency office as chair of the state-owned $200 billion pension fund, as part of a complete board overhaul following weeks of governance turmoil. Seiso Mohai’s appointment, whose candidacy was first reported by Semafor, shifts po

Nigerian energy retailers called for the state to create local strategic reserves of petrol and other fuels to buffer from supply shocks in the global oil market. An influential trade group that favors the importation of refined products is leading the charge, in a move that woul

AI - OFF-PREM Enterprise cloud infrastructure uptake shows no sign of slowingCloud revenue now north of $143 billion a quarter, and growth is accelerating - DEVOPS Dev who

Bloomberg Index Services has deferred for a second time a decision on adding Indian government bonds to its flagship Bloomberg Global Aggregate Index, saying global investors want to see recent market reforms become more firmly embedded in day-to-day trading before the bonds are