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May 12 (Reuters) - India's Nifty IT index tumbled 3.6% on Tuesday to its lowest level since May 2023, as a weak earnings outlook and fears of slowing demand for traditional IT services rattled

Rising oil prices and a sudden halt for technology stocks are slowing Wall Street’s record-breaking run on Tuesday. After coming into the day with a gain of nearly 179% for the year so far, for example, Micron Technology dropped 3.9%. Also weighing on Wall Street was another rise in oil prices as the war with Iran threatens to drag on.

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Petrobras posted lower first-quarter earnings despite record oil production and strong refining performance.

The leaner era of Verizon Communications has entered a new phase of targeted reductions. On May 7, the company confirmed a new round of workforce cuts that will affect hundreds of employees. This move arrives less than six months after the company completed a massive 13,000-person reduction, the ...

By Amina Niasse and Siddhi Mahatole May 11 (Reuters) - Hims & Hers Health missed Wall Street estimates for first-quarter revenue and posted a surprise loss on Monday, as the telehealth company's shift

Micron is up 826% in the last year. Should investors cash in their profit?

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.

Investing.com -- Gitlab Inc (NASDAQ:GTLB) shares fell 8.2% in after-hours trading Monday following the company’s announcement of a significant workforce reduction. The software development platform disclosed the plan in an 8-K filing, labeling the shift as "GitLab Act 2" to prepare for the "agentic era" of AI-driven engineering. The company reaffirmed its first-quarter and full-year fiscal 2027 guidance, originally issued on March 3. Management expects quarterly revenue between $253 million and

The voice artificial intelligence company grew its sales by 52% last quarter, but it wasn't enough to give its shares a boost.

Autodesk (ADSK) reached $236.07 at the closing of the latest trading day, reflecting a -3.45% change compared to its last close.

Marathon Digital (MARA) delivered earnings and revenue surprises of -32.61% and -9.38%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

AST SpaceMobile (ASTS) delivered earnings and revenue surprises of -191.13% and -61.46%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

In the closing of the recent trading day, Lightspeed Commerce Inc. (LSPD) stood at $9.31, denoting a -5.58% move from the preceding trading day.

HP (HPQ) closed the most recent trading day at $21.67, moving 4.45% from the previous trading session.

Booz Allen Hamilton (BAH) reached $74.95 at the closing of the latest trading day, reflecting a -2.71% change compared to its last close.

The latest trading day saw C3.ai, Inc. (AI) settling at $9.48, representing a -3.95% change from its previous close.

Investing.com -- Ast Spacemobile Inc (NASDAQ:ASTS) shares fell 11.3% in after-hours trading Monday following the release of its first-quarter financial results. The satellite designer reported a loss that significantly exceeded Wall Street expectations, overshadowing news of regulatory progress and upcoming launch milestones. The Midland, Texas-based company posted a quarterly loss of $0.66 per share, missing the analyst consensus estimate of a $0.21 loss. Revenue for the period reached $14.73 m

e.l.f. Beauty (ELF) closed at $55.19 in the latest trading session, marking a -9.32% move from the prior day.

The latest trading day saw Nutanix (NTNX) settling at $45.16, representing a -1.83% change from its previous close.

Prosus NV (PROSY) is moving to cut its exposure to Delivery Hero SE (DELHY) again, selling a 5% stake to Aspex Management in a deal that could sharpen investor attention on the German e-commerce firm's asset-sale strategy. The transaction is set at 22 a share, giving Prosus about 335 million, with the price representing a 22% premium to Delivery Hero's 30-day volume weighted average price. The sale also comes at a higher level than Prosus's April transaction with Uber Technologies (NYSE:UBER), when it sold a 4.5% stake at a price that was about 10% lower than the latest deal.

Circle's first-quarter revenue missed expectations as reserve returns fell and operating expenses weighed on net income.

Arthur Levinson sold 250,000 Apple shares after the company reported record quarterly results.