Apple shares jumped as the company reiterated a stronger outlook, backed by a sweeping $100 billion share buyback. The move aims to reassure investors during a leadership transition and as competition in artificial intelligence accelerates. Market reaction suggests traders are focusing less on near-term uncertainty and more on confidence in product demand.
Tata Consultancy Services and Wipro show revenue declines even as deal pipelines stay healthy, pointing to slow conversion of deals into billed revenue. Analysts also warn that AI is reshaping buyer expectations, intensifying competition and pushing firms into more discounting. The result: growth may look strong upfront, but monetisation is lagging across the sector.
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