IBM forecast adjusted earnings per share of $2.93 for the quarter, below the analysts’ consensus estimate of $3.02. (AP photo) IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2…
Indian-origin New Jersey student Mira Trivedi said, “If we don’t protect our sacred symbols, then who will?” New Jersey’s Mira Trivedi grew up seeing the ‘swastika’ symbol used on every sacred occasion. When she was studying the Holocaust in eighth grade, her teacher referred to Hitler’s symbol as ‘swastika’. Trivedi said she always knew that…
First services production index shows double-digit growth in 14 sub-sectors in April The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year growth in April.The trial index, with 2024-25 as the base year, covers about 60 per cent of India’s…
Axar Patel produced a brilliant spell at the death to enter an exclusive list in Indian ODI cricket during the opening match against England at Edgbaston on Tuesday. The left-arm spinner became only the second Indian spinner to claim four wickets between overs 41 and 50 of an ODI innings. The only other Indian spinner…
US stock market today (AI image) US stocks today: Wall Street traded on a more stable note on Tuesday after a US inflation report came in better than economists had anticipated, helping calm investor sentiment despite a continued surge in oil prices amid fears that the United States and Iran could slide back into a…
MS Dhoni and Kriti Sanon at India vs England ODI (X) The opening ODI between India and England at Edgbaston on Tuesday had plenty of star power off the field as former India captain MS Dhoni and Bollywood actress Kriti Sanon were spotted in the stands watching the match. Kriti Sanon appearance at India vs…
Imam and Muhammad Umar, two labourers from Mand, were found dead with gunshot wounds after they were allegedly detained by Pakistani security personne Two brothers who were allegedly taken into custody by Pakistani security personnel were later found dead in Balochistan’s Kech district, with their bodies bearing bullet injuries, raising concerns around custodial treatment.The victims,…
Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo) Adding to transit cost uncertainty, US President Donald Trump has proposed imposing a 20% reimbursement or toll on cargoes that are transported through the Strait of Hormuz. Traditionally, vessels have…
New York to impose the country’s first statewide moratorium on data centers New York became the first US state to stop the construction of any new large data centers over concerns about energy use. Governor Kathy Hochul announced a one-year pause on the building of new large-scale data center facilities, citing concerns about rising electricity…
Lithuania Prime Minister Mindaugas Sinkevicius (Image/AP) Social Democrat leader Mindaugas Sinkevicius became Lithuania’s new prime minister on Tuesday after parliament approved his government’s programme, paving the way for his cabinet to take office.Lithuania, a member of both Nato and the European Union, shares borders with Russia and Belarus. The Baltic nation is Nato’s highest defence…