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CoinSwitch Announces Rewards-Backed Initiative for WazirX Users to Recover Around Rs. 600 Crore
CoinSwitch has announced a recovery programme for distressed WazirX users. The plan is estimated to help WazirX users recover at least Rs. 600 crore over a period of two years. Meanwhile, WazirX is preparing to present its restructuring plan in a Singapore court on January 22, after which it plans to extend the proposal to its creditors.
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Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
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Director Vasan Bala Deactivates X Account After Being Trolled For Jigra's Box Office Failure
Alia Bhatt's Jigra earned an estimated ₹ 23.60 Cr in eight days of its release
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Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
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How Government Earns, Where It Spends, Nirmala Sitharaman Explains
The total receipts for fiscal 2025 other than borrowings come to an estimated Rs 32.07 lakh crore, Union Finance Minister Nirmala Sitharaman said in her Budget presentation today.
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GTA 6 May Not Release by March 2025, Take-Two Revenue Forecast Suggests
Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.
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AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
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Taylor Swift's Eras Tour Breaks World Record, Becomes Highest-Grossing Tour Ever
Taylor Swift's Eras Tour has become the the first to surpass $1 billion in revenue.
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Elon Musk's Estimated Net Worth Drops Below $200 Billion For The First Time Since June
Bloomberg's Billionaire Index report said that Mr Musk has lost $41 billion since Tesla's October 18 earnings call.
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Dell Forecasts Yearly Revenue to Reach Up to 91.5 Billion Amid AI Boom, Recovering Demand for PCs
Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump.
-
Nvidia Quarterly Earnings Will Test AI Demand, Dictate Tech Market
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors.
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Jailer, Starring Rajinikanth, Is Out Today in Theatres: Plot, Box Office Estimates, More
Jailer, Rajinikanth’s 169th film, has finally released in theatres across India. Marking his return to the silver screen after two years, it follows a retired jail warden Muthuvel Pandian, who must prevent a crime syndicate from attempting to free its leaders from prison. Jailer is reportedly expected to collect Rs. 49 crore at the Indian box off...
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Grand Theft Auto, NBA 2K Lift Take-Two Q1 Earnings to $1.2 Billion, FY 2025 Forecast Hints at GTA 6 Again
Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games remained under pressure amid inflationary pressures.
-
CoinSwitch Announces Rewards-Backed Initiative for WazirX Users to Recover Around Rs. 600 Crore
CoinSwitch has announced a recovery programme for distressed WazirX users. The plan is estimated to help WazirX users recover at least Rs. 600 crore over a period of two years. Meanwhile, WazirX is preparing to present its restructuring plan in a Singapore court on January 22, after which it plans to extend the proposal to its creditors.
-
Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
-
Director Vasan Bala Deactivates X Account After Being Trolled For Jigra's Box Office Failure
Alia Bhatt's Jigra earned an estimated ₹ 23.60 Cr in eight days of its release
-
Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
-
How Government Earns, Where It Spends, Nirmala Sitharaman Explains
The total receipts for fiscal 2025 other than borrowings come to an estimated Rs 32.07 lakh crore, Union Finance Minister Nirmala Sitharaman said in her Budget presentation today.
-
GTA 6 May Not Release by March 2025, Take-Two Revenue Forecast Suggests
Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as NBA 2K, sending its shares plunging 10 percent after the bell.
-
AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
-
Taylor Swift's Eras Tour Breaks World Record, Becomes Highest-Grossing Tour Ever
Taylor Swift's Eras Tour has become the the first to surpass $1 billion in revenue.
-
Elon Musk's Estimated Net Worth Drops Below $200 Billion For The First Time Since June
Bloomberg's Billionaire Index report said that Mr Musk has lost $41 billion since Tesla's October 18 earnings call.
-
Dell Forecasts Yearly Revenue to Reach Up to 91.5 Billion Amid AI Boom, Recovering Demand for PCs
Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump.
-
Nvidia Quarterly Earnings Will Test AI Demand, Dictate Tech Market
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors.
-
Jailer, Starring Rajinikanth, Is Out Today in Theatres: Plot, Box Office Estimates, More
Jailer, Rajinikanth’s 169th film, has finally released in theatres across India. Marking his return to the silver screen after two years, it follows a retired jail warden Muthuvel Pandian, who must prevent a crime syndicate from attempting to free its leaders from prison. Jailer is reportedly expected to collect Rs. 49 crore at the Indian box off...
-
Grand Theft Auto, NBA 2K Lift Take-Two Q1 Earnings to $1.2 Billion, FY 2025 Forecast Hints at GTA 6 Again
Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games remained under pressure amid inflationary pressures.
