ZEX PR WIRE

Poonawalla Fincorp Profit Jumps 407% as Lending Growth Reshapes India’s Nonbank Finance Sector

MUMBAI, Maharashtra, 10 October 2026, ZEX PR WIRE — Poonawalla Fincorp reported a sharp rise in profitability for the second quarter of the 2026 to 2027 financial year, with net profit climbing to ₹375 crore from approximately ₹74 crore in the same period last year. The results highlight expanding lending operations, higher Read more

October 10, 2026|
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Samsung Forecasts Record AI Profits as Memory Chip Prices Rise and Nvidia Valuation Gap Widens

SUWON, Gyeonggi Province, 10 October 2026, ZEX PR WIRE — Samsung Electronics has forecast record quarterly operating profit of 107.4 trillion won, approximately $80.17 billion, as demand for artificial intelligence infrastructure drives strong sales of memory chips. The preliminary estimate for the July to September quarter represents nearly nine times the Read more

October 10, 2026|
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OpenAI Revenue Concerns Pressure Chip Stocks as Investors Reassess AI Spending Boom

NEW YORK, United States, 10 October 2026, ZEX PR WIRE — Semiconductor stocks came under pressure this week as fresh questions about OpenAI's revenue trajectory prompted investors to reassess the financial assumptions underpinning the artificial intelligence investment boom. The selloff highlighted growing scrutiny of the relationship between AI demand, infrastructure spending and Read more

October 10, 2026|
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SpaceX Spectrum Acquisition Sends Telecom Stocks Lower as Starlink Expands Mobile Ambitions

NEW YORK, New York, United States, 10 October 2026, ZEX PR WIRE — Shares of major U.S. telecommunications companies fell on Friday after SpaceX acquired a portfolio of low-band wireless spectrum, raising concerns that Elon Musk's company could become a more direct competitor to established mobile network operators. The development puts Read more

October 10, 2026|
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Delta Air Lines Cuts 2026 Profit Forecast as Higher Costs and Travel Demand Weigh on Outlook

ATLANTA, Georgia, United States, 10 October 2026, ZEX PR WIRE — Delta Air Lines has lowered its annual profit forecast, highlighting the pressure facing U.S. airlines as higher operating costs and changing travel demand complicate the industry's outlook. The revised guidance comes as investors prepare to assess corporate earnings against elevated Read more

October 10, 2026|
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NIKSUN Introduces New Network Intelligence Capabilities to Combat AI-Driven Cyber Threats

Advanced network analytics and visibility solutions help organizations identify emerging threats, strengthen cybersecurity operations, and improve threat response in an evolving digital landscape. Princeton, New Jersey, Oct 09, 2026, ZEX PR WIRE — NIKSUN, a recognized leader in network security, performance monitoring, and cybersecurity intelligence solutions, today announced enhanced network intelligence capabilities designed Read more

October 9, 2026|
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Tangensys Introduces AI-Driven Digital Solutions for Businesses

Noida, U.P., Oct 09, 2026, ZEX PR WIRE — Tangensys, a digital marketing and web technology company serving businesses in India and international markets, has introduced AI-driven digital solutions designed to help organisations improve their online presence, manage customer enquiries and reduce time spent on repetitive marketing tasks. Operating since 2017, Tangensys Read more

October 9, 2026|
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