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HCLTech FY guidance stays muted despite $2.4 billion deal momentum

HCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significant investment in a datacentre for artificial intelligence solutions. This new venture aims to address the growing demand for AI model training capabilities. HCL Technologies maintained its full-year revenue and operating margin guidance unchanged. The stock may remain range-bound until client spending trends become clearer.

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Economic TimesLean R·2h ago
HCLTech FY guidance stays muted despite $2.4 billion deal momentum
HCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significant investment in a datacentre for artificial intelligence solutions. This new venture aims to address the growing demand for AI model training capabilities. HCL Technologies maintained its full-year revenue and operating margin guidance unchanged. The stock may remain range-bound until client spending trends become clearer.
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HCLTech FY guidance stays muted despite $2.4 billion deal momentum

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HCLTech FY guidance stays muted despite $2.4 billion deal momentum

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