N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding
US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,
Berkshire Hathaway’s second-quarter 13F filing, due on Friday, is expected to offer investors a clearer picture of how CEO Greg Abel is reshaping the conglomerate’s equity portfolio after taking over from Warren Buffett. The filing marks only the second quarterly portfolio disclosure under Abel’s leadership and follows an active first quarter in which Berkshire became
Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to acquire the cloud software provider. Talks between the two firms have reportedly taken place behind closed doors in recent months. The media report brought a much-needed reprieve to Workday stock that’s been
CoreWeave (CRWV) shares are ripping higher in extended hours after the company posted market-beating Q2 earnings, citing accelerating artificial intelligence (AI) infrastructure demand. The Livingston-headquartered firm more than doubled its revenue to $2.58 billion, on a per-share loss of $1.14 – much better than $1.41 a share that analysts had forecast. Including post-earnings gains, CoreWeave