Sunday, July 9, 2023

IT companies to log muted Q1 as macro woes persist; recovery may be gradual say analysts

As tech companies head into Q1 earnings season this week, experts will also be keeping a close watch on any management commentary on the revision of the growth outlook for FY24, the spread of demand deterioration beyond BFSI (banking, financial services and insurance), hi-tech, telecom and retail verticals, net hiring, project ramp downs and pricing pressures, as key monitorables.

from Tech-Economic Times https://ift.tt/ZRLi24Q

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

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