Hindustan Times10h agoMeta ad revenue growth more than doubles that of Google Search as AI reshapes online advertisingMeta's CFO said advertisers that followed the company's AI assistant's recommendations saw conversion rates rise nearly 5%. Their ad spending rose 9%.10h ago
Hindustan Times10-29Gold slips as markets assess Fed signals and await US inflation dataThe Federal Reserve kept interest rates unchanged as expected. Traders saw the probability of a December rate hike fall to 78%.10-29
Hindustan Times10-28Jio Platforms opens on BSE over 21% higher with IPO debut at ₹1,357In the pre-open session, Jio Platforms shares were trading at ₹1,358 on the National Stock Exchange. | Business News10-28
Hindustan Times10-27Anthropic grows more reliant on Google, Amazon and Microsoft as cloud partnerships drive revenue and costsAnthropic's IPO filing shows that cloud-partnership revenue accounted for 48% of the company's total in the first half. Related costs reached $3.2 billion. Anthropic has committed to spend more than $269 billion with Google and other cloud providers.10-27
Hindustan Times10-27Anthropic's supersize profits remain a distant prospectAnthropic lost $1.7bn in the preceding quarter. The company expects third-quarter revenue to rise about 45% from the prior three months. That marks a slowdown in growth.10-27
Hindustan Times10-22Barclays to cut 5,000 jobs as AI-led cost-cutting drive expands after mixed Q3 resultsBarclays' fixed-income and currency trading revenue fell 19% year on year to £1.01 billion in the third quarter. Pretax profit rose 12% year on year to £2.3 billion over the same period.10-22
Hindustan Times10-22Meta's Q3 profits dip nearly 50% after $18 billion legal settlement even as company beats revenue estimatesMeta beat revenue estimates, but its profit fell after an $18 billion settlement with nearly all US states.10-22
Hindustan Times10-21Jio Platforms IPO opens for bidding; India's five biggest public listings in focusJio Platforms kicked off a $3.2 billion IPO. The company is targeting a valuation of as much as $108.3 billion. Its shares are priced at 1,065 to 1,119 rupees each.10-21
Hindustan Times10-21Ethanol, poultry industries set for tug of war over maize after curbs on sugarDemand from ethanol distilleries, poultry-feed manufacturers, starch makers and other industrial users has pushed up prices of maize. | Business News10-21