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Samsara Posts Q2 Profit As Revenue Rises 30%

India, Sept. 3 -- Samsara Inc. (IOT) on Thursday reported second-quarter net income of $16.2 million, or $0.03 per share, compared to a net loss of $16.8 million, or $0.03 per share, last year. Secon... Read More


Flex Agrees To Buy EPC Power For $4.4 Bln

India, Sept. 3 -- Flex (FLEX) said it has agreed to acquire EPC Power at a value of $4.4 billion, expanding its power conversion capabilities for AI data centers and grid applications. EPC Power, whi... Read More


Asian Shares Mixed As Focus Shifts To U.S. Jobs Data

India, Sept. 3 -- Asian stocks ended on a muted note on Thursday as lower oil prices and bond yields offset a mixed set of earnings results from Broadcom. The California-based chip and infrastructure... Read More


India Services Growth Improves In August

India, Sept. 3 -- India's services activity expanded at a faster pace in August amid favorable demand conditions, final data compiled by S&P Global showed on Thursday. The seasonally adjusted HSBC In... Read More


Easing Likelihood Of Rate Hike Contributes To Rally On Wall Street

India, Sept. 3 -- After advancing early in the session, stocks saw further upside over the course of the trading day on Thursday. The major averages all moved sharply higher on the day, extending the ... Read More


Crest Nicholson Cuts Full-Year Profit Guidance On Weaker Demand And Pricing Pressure; Shares Fall

India, Sept. 3 -- UK housebuilder Crest Nicholson Holdings PLC (CRST.L) on Thursday lowered its full-year outlook, citing weaker-than-expected open-market demand and continued competitive pricing duri... Read More


Treasuries Move Higher Following Waller's Remarks About Interest Rates

India, Sept. 3 -- After ending yesterday's lackluster session roughly flat, treasuries moved to the upside during trading on Thursday. Bond prices gave back some ground after an early advance but rem... Read More


Australia Trade Surplus Declines

India, Sept. 3 -- Australia's trade surplus declined in July due to the fall in exports, data from the Australian Bureau of Statistics showed on Thursday. The trade balance posted a surplus of A$1.9 ... Read More


China Service Sector Growth Improves

India, Sept. 3 -- China's services activity grew at a faster pace in August driven by the increase in new business and sustained growth in employment, survey results published by S&P Global showed Thu... Read More


Crude Oil Ticks Higher As Hormuz Crisis Drags While Trump Signals New Strikes On Iran Are Temporary

India, Sept. 3 -- Crude oil prices are modestly higher on Thursday, giving back initial gains that reflected increasing supply disruption concerns amid U.S.-Iran re-escalation after U.S. President Don... Read More