fiscal 2027
3 stories
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financeKyndryl Shares Tumble 10% on Earnings Miss, Announces Layoffs
Kyndryl shares fell 10.75% after Q4 earnings missed estimates. The company announces layoffs and a restructuring plan to improve margins.
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financeHCLTech Forecasts Weak Growth Amidst Client Spending Cuts
India's HCLTech projects cautious fiscal 2027 revenue growth of 1%-4%, falling short of analyst expectations due to reduced client discretionary spending. The IT giant cites global uncertainties and specific project scale-downs.
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financeOracle Surges on AI Demand, Exceeding Revenue Expectations
Oracle reports strong third-quarter earnings, driven by booming AI cloud services demand, boosting shares and outlook.