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NSE:MAHLOG 28 January 2026

India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

Nifty 50 rose 0.66% and Sensex gained 0.60% at Wednesday’s close, marking a second straight day of gains. Defence, infrastructure, and energy stocks led advances ahead of the Feb. 1 budget. Oil India surged 9.6% and Bharat Electronics hit a record after strong earnings. The rupee edged lower as traders watched for the U.S. Fed decision.
28 January 2026
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Stock Market Today

  • Qualcomm Q2 Earnings Beat Estimates but Q3 Outlook Disappoints
    April 29, 2026, 4:54 PM EDT. Qualcomm reported better-than-expected Q2 earnings with $2.65 EPS on $10.59 billion revenue, beating estimates of $2.55 EPS and $10.56 billion revenue. However, its Q3 revenue guidance of $9.2 billion to $10 billion fell short of the $10.23 billion forecast. Despite a challenging smartphone market with a 4.1% global shipment decline, Qualcomm sees potential stabilization in Chinese smartphone sales. Its licensing segment outperformed expectations, though its handset-dependent business faces headwinds. The company aims to diversify with data center chips and automotive tech. CEO Cristiano Amon's upcoming keynote at Computex may clarify Qualcomm's AI and data center ambitions. Qualcomm shares surged over 13% on the earnings news.

Latest article

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
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