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NASDAQ:ADEA 10 March 2026

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  • Analysts Slash Transformers and Rectifiers (India) Revenue and EPS Estimates
    April 23, 2026, 6:07 AM EDT. Analysts have sharply reduced forecasts for Transformers and Rectifiers (India) Limited (NSE:TARIL), cutting revenue estimates to ₹31 billion for 2027, down from ₹35 billion, and earnings per share (EPS) to ₹10.10 from ₹11.70. Despite this, the company's revenue is still projected to grow 20% by 2027, matching the industry average and its past five-year growth rate. The consensus price target declined 7.4% to ₹369, reflecting concerns over earnings quality and business conditions. These downward revisions signal a cautious analyst outlook on the firm, although growth remains steady relative to sector peers.

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Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

23 April 2026
Tesla reported first-quarter revenue of $22.39 billion and net income of $477 million, beating profit expectations despite weak vehicle deliveries and rising inventory. Adjusted earnings per share were 41 cents. Free cash flow reached $1.44 billion, but the company warned it would likely turn negative for the rest of 2026. Tesla increased its capital spending forecast to over $25 billion for the year.
Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

23 April 2026
Gold fell 0.8% to $4,701/oz in early Asian trade Thursday, reversing much of Tuesday’s gain as an extended U.S.-Iran ceasefire reduced safe-haven demand. The dollar index rose to 98.57 and U.S. 10-year yields hit 4.31% after hawkish comments from Fed chair nominee Kevin Warsh. Gold remains about 13% below its January record high but is up 8% year-to-date. Traders await the April 28–29 FOMC meeting.
Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

23 April 2026
Japan’s Nikkei closed down 0.75% at 59,140.23 after briefly topping 60,000, as Brent crude climbed to $103.3 a barrel amid renewed tensions in the Strait of Hormuz. MSCI’s Asia-Pacific index outside Japan slipped 0.5%. South Korea’s economy grew 1.7% in Q1, beating forecasts, with SK Hynix reporting a five-fold profit jump. Hong Kong’s Hang Seng fell 1.1%, China’s CSI300 dropped 0.8%.
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