Legendary short seller Jim Chanos says no one can see the biggest risks facing US markets over the next six to 12 months — because the challenges are going to be unpredictable events, like the recent DeepSeek concern that wiped out roughly $1 trillion in market value from US stocks.
The second-largest US automaker on Wednesday said earnings before interest and taxes will fall to a range of $7 billion and $8.5 billion, down from the $10.2 billion profit it generated in 2024.
Qualcomm’s outlook for the business is in line with analyst firm IDC, which projected that worldwide smartphone shipments would be in the “low single digits” in 2025 and for a few years beyond.
Shares of Timken India Ltd ended at ₹2,821.90, up by ₹8.80 or 0.31% on the BSE.
The Nifty remained mostly sideways during the session before closing slightly lower. On the lower end, the fall was limited to around 23,700, while the upside was capped at approximately 23,800.
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