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Infosys (NSEI:INFY) Stock Fair Value Falls After Analysts Cut Targets On Weaker Outlook
Simply Wall St.58d agobearish
Infosys (NSEI:INFY) Stock Fair Value Falls After Analysts Cut Targets On Weaker Outlook

Infosys now sits on a lower implied fair value, with the updated price target in the model moving from about ₹1,395.13 to roughly ₹1,199.02, a cut of around 14%. This shift lines up with more cautious research coverage after the Q1 miss and guidance reset, as analysts weigh weaker organic growth, pricing pressure, and AI related productivity effects against the current valuation. As you read on, you will see how these target changes fit into the broader Infosys story and what to watch as the...

Apple Stock Tumbles, Wiping Out $359 Billion in Value
Barrons.com58d agobearish
Apple Stock Tumbles, Wiping Out $359 Billion in Value

Apple stock tumbled 7.4% to $308.91 on Friday after its fiscal third-quarter earnings report left investors disappointed. The drop wiped out $359 billion in value, bringing Apple's market capitalization to $4.

LyondellBasell Industries Q2 Earnings Call Highlights
MarketBeat58d agobearish
LyondellBasell Industries Q2 Earnings Call Highlights

LyondellBasell Industries (NYSE:LYB) said second-quarter earnings and margins improved sharply as disruptions tied to the Middle East conflict tightened petrochemical supply, altered trade flows and supported pricing across several of its businesses. Chief Executive Officer Peter Vanacker said the

Elon Musk denies claims that Tesla could sell off its China business
Yahoo Finance Video58d agobearishVIDEO
Elon Musk denies claims that Tesla could sell off its China business

Elon Musk is refuting claims that Tesla (TSLA) is considering a spin-off of its China business ahead of a rumored merger between the EV maker and SpaceX (SPCX). This comes after the Wall Street Journal's initial reporting on the subject. Yahoo Finance Senior Autos Reporter Pras Subramanian reacts to Musk's latest comments.

The lessons Chime and Visa's layoffs have for banks
American Banker58d agobearish
The lessons Chime and Visa's layoffs have for banks

Digital lender Chime and Visa this week became the latest firms to cite AI as part of a downsizing. While bots usually aren't directly replacing workers, machine learning changes customer access to financial products in a way that's increasingly making some work less necessary.

Meta stock plunges as Zuckerberg’s AI gamble devours its cash
TheStreet59d agobearish
Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Meta Platforms (META) generated the kind of sales growth most firms would be thrilled to see. Wall Street retaliated by cutting about 9% off the stock early Thursday, July 30. Facebook's and Instagram's parent company earned $60.8 billion in sales in the second quarter, up 28% from a year ago. ...