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Bloomberg Quint
3d
109
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Wipro Q4 Results Review: Tariffs, Macro Uncertainty Drive Poor Q1 Guidance; Motilal Oswal Maintains 'Sell'
- Wipro Q4 FY25 IT Services revenue reported at $2.6 billion, down 0.8% QoQ in constant currency.
- Motilal Oswal cuts FY26E/FY27E EPS estimates by ~4% due to weak Q1 guidance and sustained demand softness.
- Wipro expects further impact in Q1 due to deteriorated client spends, reflected in a soft guidance of 3.5% to 1.5% cc QoQ revenue decline.
- Motilal Oswal maintains 'Sell' with concerns about tariffs and macro uncertainty influencing poor Q1 guidance.
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Bloomberg Quint
3d
81
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Adani Ports Target Price Hiked By Morgan Stanley On Resilient Business Model
- Morgan Stanley has hiked the target price for Adani Ports to Rs 1,418 from Rs 1,415.
- The raised target price is based on Adani Ports' resilient business model and diversified cargo and geographical mix.
- Morgan Stanley forecasts Adani Ports' volume to grow by 13% in FY26, reaching 510 million tonnes.
- Adani Ports' well-diversified cargo mix and limited direct exposure to the USA contribute to its optimistic growth prospects.
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Bloomberg Quint
3d
328
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Wipro Q4 Results Review: Price Target Cuts Mount After Q1 FY26 Revenue Guidance Cut
- Wipro's Q4 results showed a rise in net profit to Rs 3,588 crore, exceeding estimates, while the revenue guidance for Q1 FY26 was lowered to a degrowth of -3.5% to -1.5% amid macro uncertainties.
- Following the revenue outlook cut, several brokerages, including Goldman Sachs, CLSA, JPMorgan, and Jefferies, reduced their price targets on Wipro.
- Citi maintained a 'sell' rating on Wipro, citing uncertainties due to tariffs and challenging outlook for fiscal 2026, affecting segments like manufacturing, consumer, BFS, and Europe.
- BofA retained its 'underperform' rating on Wipro, emphasizing that the Q4 revenue and Q1 outlook were below expectations, with a focus on improving market shares in European segments.
- Investec reiterated a 'hold' rating on Wipro, forecasting a revenue decline in fiscal 2026, with healthcare being a major detractor and Europe contributing significantly to the revenue fall.
- Overall, Wipro's performance and outlook have led to price target reductions by various major brokerages, reflecting concerns about the company's growth trajectory in the near term.
- The uncertainties in the macro environment, along with challenges in discretionary spending and revenue declines across sectors, have impacted Wipro's stock outlook, prompting caution among analysts.
- Wipro's cash conversion remained strong, but the company's outlook for fiscal 2026 raises concerns about revenue growth and margin expansion, prompting adjustments in earnings estimates by analysts.
- Despite the positive net profit growth reported in Q4, Wipro's lower revenue guidance for the upcoming quarter has raised concerns among investors and analysts, leading to a reevaluation of price targets.
- The industry-wide uncertainties and challenges have contributed to a cautious sentiment towards Wipro's stock, prompting revisions in target prices and ratings by leading brokerages.
- The forecasted revenue decline, coupled with uncertainties in key segments and regions, has led to a mixed outlook on Wipro's performance, with analysts closely monitoring the company's market positioning and growth strategies.
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HinduBusinessLine
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224
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Are we alone? James Webb telescope finds strongest hints yet of life beyond Earth
- Researchers using the James Webb telescope have detected gases known as DMS and DMDS on the planet K2-18 b, which are generated by living organisms on Earth.
- These gases suggest the possibility of microbial life on the planet, though caution is advised as more observations are needed to confirm.
- The discovery marks a significant moment in the search for extraterrestrial life, indicating the potential detection of biosignatures on habitable planets.
- K2-18 b is located in the habitable zone of a red dwarf star and is larger than Earth, with implications for its potential for sustaining life.
- The James Webb Space Telescope identified methane and carbon dioxide in the planet's atmosphere, hinting at the presence of carbon-based molecules in a habitable zone.
- Scientists are exploring the concept of hycean worlds, hypothesized to support microbial life in warm oceans with a hydrogen-rich atmosphere.
- The detection of DMS and DMDS at high atmospheric concentrations on K2-18 b points toward biological activity, exceeding levels found in Earth's atmosphere.
- Further data analysis and repeat observations are crucial to confirm the potential presence of life on the planet before conclusive claims can be made.
- The ultimate goal is to find evidence of life on an Earth-like exoplanet, prompting cautious optimism in the search for extraterrestrial life.
- While the findings offer exciting possibilities, scientists emphasize the importance of rigorous testing and exploration of alternative explanations.
- The search for alien life remains a focus of scientific inquiry, with ongoing observations and theoretical studies driving the quest for understanding life beyond Earth.
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HinduBusinessLine
3d
360
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Japan turns to US rice amid soaring domestic prices
- Japanese businesses and consumers are beginning to embrace foreign rice, such as American and Taiwanese blends, amid soaring domestic rice prices, which have surged about 70% over the past year.
- The willingness to shift to foreign rice may loosen restrictions in tariff talks with U.S. President Donald Trump if rice becomes a contentious issue, given Japan's high tariffs on staple grain.
- Supermarkets like Aeon and chains like Matsuya and Colowide have started offering American rice blends to meet the demand for more affordable options in the market.
- Despite historically relying on home-grown rice for most of its staple rice consumption, Japan is now considering expanding imports to stabilize supply from abroad.
- President Trump criticized Japan for high rice tariffs, but discussions on rice in bilateral tariff negotiations remain uncertain, considering the political landscape and agricultural interests in Japan.
- The finance ministry's advisory panel proposed expanding tariff-free imports of staple rice to address supply issues, but facing political pressures, big concessions on rice are unlikely before the upcoming elections in July.
- While price hikes and supply concerns persist, Japanese consumers like Miki Nihei have shown openness to imported rice, as quality remains satisfactory and cost-effective options are sought.
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Medium
3d
68
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Robot Counsel: How I Built a Legal Team Out of Thin Code and Thick Skin
- AI tools like DoNotPay, Spellbook, Harvey AI, ChatGPT, and Claude are helping individuals navigate the legal system when they cannot afford a lawyer.
- These tools provide assistance in drafting letters, fighting parking tickets, and filing small claims, leveling the playing field for individuals facing legal challenges.
- While not perfect, these AI tools offer a resource for those who need help with legal matters and cannot afford traditional legal representation.
- DoNotPay, in particular, is known as the 'world's first robot lawyer' and provides guidance on various legal issues.
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HinduBusinessLine
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268
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Trump administration moves to strip Harvard of foreign student enrollment rights
- The Trump administration is threatening to strip Harvard of its foreign student enrollment rights.
- The Department of Homeland Security Secretary, Kristi Noem, terminated two DHS grants to Harvard.
- Harvard is being demanded to provide records on the activities of foreign student visa holders.
- The Trump administration is reviewing federal contracts and grants to Harvard and has threatened to freeze funding and strip its tax-exempt status.
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TronWeekly
3d
240
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4 Best Cryptos to Buy Under $1 Before They Take Off
- The article discusses the trend of affordable yet utility-driven cryptocurrencies under $1 gaining popularity in the crypto market.
- Qubetics ($TICS) is highlighted for its Real World Asset Tokenisation Marketplace, offering a solution for digitizing assets like invoices and real estate quickly.
- The Qubetics presale has garnered significant attention, with the current token price at $0.1729 and promising high ROI potential.
- Polygon (MATIC) is noted for its enterprise-grade scalability, serving as Ethereum's preferred scaling solution and powering various applications.
- Gala (GALA) is recognized for its emphasis on gaming, music, and entertainment ownership, offering a unique play-to-earn and listen-to-earn model.
- Arbitrum (ARB) is praised for addressing Ethereum's gas fee issues with its scalable Layer 2 network, attracting projects seeking efficient solutions.
- These cryptocurrencies under $1 are valued for their real-world utility, potential growth, and innovative approaches to blockchain integration.
- Qubetics, Polygon, Gala, and Arbitrum offer distinct use cases and advantages, positioning them as top picks for investors looking for affordable yet promising options.
- These projects combine affordability with utility and innovation, making them attractive choices for those interested in the crypto market.
- Each of the highlighted cryptocurrencies presents unique features and solutions contributing to the evolving landscape of digital assets under $1.
- From asset tokenization to scalability solutions, gaming and entertainment ownership, these cryptocurrencies offer diverse opportunities for growth and investment.
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Guardian
3d
244
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Trump’s trade war: the view from China – podcast
- A sense of defiant nationalism has been building in China amidst the escalating trade war with the US.
- China is diversifying its trade partners and seeking to boost domestic consumption, but fears a global recession.
- Trade has been a linchpin of US-China relations and the risk of wider conflict is greater without it.
- Concerns about the impact of the trade war on the Chinese economy are rising.
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TechBullion
3d
248
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BlockDAG Surges 2,380% to Become the Best Crypto for Higher Returns in 2025—Outpacing Aptos & Bitcoin Pepe
- BlockDAG has experienced a presale surge of 2,380% and raised $214 million, making it the best crypto for higher returns in 2025.
- Bitcoin Pepe is a meme-driven project with a presale that has already raised over $6.9 million and offers utility through a layer-2 solution on Bitcoin's infrastructure.
- Aptos has seen a 12% surge and a potential rally of 197% to $13.50, supported by its growing user base, total value locked, and staking metrics.
- BlockDAG stands out with a hybrid DAG + Proof-of-Work system, a live Testnet, and a limited-time 600% Golden Ticket bonus, making it a top choice for exponential returns.
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HinduBusinessLine
3d
60
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DigiHaat buyer app clocks over 3 lakh orders in 6 months
- DigiHaat buyer app has generated a gross merchandise value (GMV) of approximately ₹5 crore since its launch.
- The app has successfully onboarded over 2 lakh users and supported 4,727 sellers, mostly MSMEs, artisans, and Farmer Producer Organizations (FPOs).
- DigiHaat buyer app has serviced over 2,400 pin codes across metros and India's tier 2 and tier 3 towns.
- The platform has seen strong traction in groceries, food, and essential goods, with over 2.7 lakh orders in grocery alone.
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Bloomberg Quint
3d
145
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Stock Recommendations Today: Wipro, Adani Ports, Angel One, Bharti Airtel, IndiGo On Brokerages' Radar
- Wipro Ltd. faced negative brokerage commentary after issuing weaker-than-expected revenue guidance and highlighting client uncertainty due to global tariff concerns.
- Brokerages like Citi, BofA Securities, and Investec trimmed price targets and earnings estimates for Wipro, anticipating another challenging year for the tech major.
- Morgan Stanley adjusted targets for consumer discretionary names, supporting disruptors like Trent Ltd. and raising price targets for Interglobe Aviation Ltd. in the travel sector.
- Analysts shared their recommendations on various stocks, with Citi retaining a 'sell' rating on Wipro and BofA Securities expecting a growth catch-up in the future.
- Morgan Stanley analyzed companies like Vedant Fashions, Aditya Birla Fashion, Trent, and Brainbees Solutions within the consumer discretionary segment, favoring businesses with strong competitive advantages.
- Adani Ports received positive feedback from Morgan Stanley for its resilient business model and strategy to reduce Ebitda sensitivity to cargo volumes.
- Angel One was recommended as a 'buy' by Investec, with noted earnings growth weaknesses in the upcoming fiscal year.
- HSBC raised the price target on InterGlobe Aviation and noted strong trading trends in the travel and hospitality sector.
- Bharti Airtel was highlighted by Bernstein as a top pick in the telecom sector, supported by strong defensive attributes and ongoing deleveraging.
- UBS shared insights on the Mirabegron litigation outcome, indicating potential challenges for Zydus and Lupin in the pharmaceutical space.
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Bloomberg Quint
3d
16
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Stock Market Live: GIFT Nifty Implies Higher Open; Angle One, Wipro, Lupin, Paytm Share Prices In Focus
- Gold prices hit a record high again due to uncertainty over international trade and the US Federal Reserve's indication of no hurry to reduce interest rates.
- Oil prices rose for a second day as the US vowed to pressure Iran's oil exports and oil inventory declined at Cushing Oklahoma.
- Most markets in the Asia-Pacific region traded higher on progress in trade talks between the US and Japan.
- US share indices fell as concerns over the impact of US tariffs and Federal Reserve Chair Jerome Powell's comments on interest rates rose.
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Bloomberg Quint
3d
72
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Oil Rises A Second Day After US Cracks Down On Iranian Supply
- Oil rose for a second day after the US vowed to reduce Iran’s energy exports to zero.
- Brent crude climbed above $66 a barrel after advancing almost 2% on Wednesday.
- The US Treasury Department sanctioned a Chinese refinery accused of handling Iranian crude.
- Iran warned that nuclear talks with Washington may fall apart if the Trump administration 'moves the goalposts'.
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Bloomberg Quint
3d
385
Image Credit: Bloomberg Quint
Can There Be A Dedicated Index For Young, Listed Startups?
- Startups have become mainstream with around 40 digital-first companies now listed.
- Some experts are backing the idea of a dedicated index for digital and new-age businesses.
- Nifty India Digital is an example of an existing index for such businesses.
- Investors are embracing the 'promise' of these startups.
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