giantjoined the likes of meta, microsoft and alphabet, delivering a surprisingly strong report card. if sales and profits in the first quarter surpassed wall street s expectations, continuing a trend in big tech that has lifted markets across the board and in fact, you can see the impact on wall street overnight where wall street had its best session since january. where wall street had its best session since january.- where wall street had its best session since january. over the last ear session since january. over the last year amazon session since january. over the last year amazon has session since january. over the last year amazon has been - last year amazon has been aggressively cutting costs to help boost profitability, already laying off 18,000 people and is currently about to eliminate another 9000. it would appear some of those measures are already paying off. the retail giant posted earnings that beat investor expectations. amazon s cloud computing business w
In an interview, Kotak Institutional Equities’ CEO and co-head Pratik Gupta said the market will continue to consolidate around the current levels for the next few months and there is no major catalyst for a sharp rally or a sustained correction.
Amid demand worries, clients are postponing IT spending. In effect, large transformational deals have taken a backseat and short-cycle deals are driving the deal momentum for the sector.
one of the reasons also why we ve seen this appetite for cargoes inventories. the weather is responsible for part of it. we ve seen a slow recovery for economic reasons, also china is more dependent on russia for its gas supply, both inaudible and lng so it is imported from other sources. i want to pick up on china because there were high expectations that is the chinese economy reopened in the post pandemic era, we would see a bump in a lot of commodities but it s not necessarily happening when it comes to lng? talk me through why that is the case. it was really interesting actually in the first quarter of 2023 to see that china has reloaded energy cargoes which is a big indicator of continued demand weakness and gas vista data shows that 17 cargo has been reloaded to car maker for