Business
Bharat Dynamics Q4 Results: Net profit tumbles 59% to Rs 113 crore; dividend announced
Revenue from operations more than halved, dropping nearly 73% YoY to Rs 480 crore during the quarter under review, as against Rs 1,777 crore reported in the year-ago period.
Total expenses also sharply declined to Rs 445.47 crore in Q4 FY26 from Rs 1,498 crore in the year-ago period. Total income fell to Rs 599 crore in the January-March quarter of FY26, from Rs 1,876 crore in the same period last year.
Along with the Q4 results, Bharat Dynamics said that its board of directors have recommended a final dividend of Rs 0.40 per equity share with a face value of Rs 5 each for the financial year which ended on March 31. This is however subject to shareholders’ approval at its upcoming Annual General Meeting (AGM).
BDL FY26 Results
For the entire financial year which ended on March 31, 2026, Bharat Dynamics reported a standalone net profit of Rs 420 crore, marking a 23% YoY drop from the Rs 550 crore net profit reported in FY25. The firm’s revenue from operations meanwhile fell 27% YoY to Rs 2,442 crore in FY26.
Total expenses also reduced to Rs 2,298 crore, while total income fell to Rs 2,866 crore during the financial year. Earnings per share (EPS) meanwhile fell to Rs 11.47 per share in FY26, from Rs 14.99 per share in FY25.
BDL share price
Bharat Dynamics announced its earnings on March 28, when markets were closed on account of Bakrid. The stock will be in focus tomorrow when markets reopen. The stock has fallen over 1% in one week, 7% in one month and are down 13% so far in 2026.
The shares of the defence player have declined 33% in one year, but gained over 145% in three years and 621% in five years.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Stifel reports 19% rise in client assets, loan growth

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Rigel Pharmaceuticals director Ali-Jackson Kamil sells $72,925 in stock

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Meta rolls out paid subscription plans for Facebook, Instagram and WhatsApp
CFRA Research senior vice president and head of technology Angelo Zino explains why Nvidia, AMD, Microsoft and Meta remain top ‘strong buy’ picks amid the ongoing AI-driven tech rally on ‘Making Money.’
Meta is rolling out paid subscription plans for Facebook, Instagram and WhatsApp as the company expands premium features and artificial intelligence offerings across its platforms.
Meta head of product Naomi Gleit announced the rollout in a video posted Wednesday, describing the subscriptions as part of a broader effort to offer enhanced tools across Meta’s apps and AI products.
“We’re starting to roll out Facebook Plus, Instagram Plus, WhatsApp Plus with enhanced features that our community already loves,” Gleit said in the video.
Meta said Instagram Plus and Facebook Plus will cost $3.99 per month, while WhatsApp Plus will cost $2.99 monthly. The plans are expected to begin rolling out globally in the coming weeks.
META LAYS OFF NEARLY 1,400 WASHINGTON EMPLOYEES IN LATEST TECH WORKFORCE CUT

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., appears during the Meta Connect event in Menlo Park, Calif., on Sept. 17, 2025. (David Paul Morris/Bloomberg via Getty Images)
The subscriptions include platform-specific features focused on customization, messaging and audience engagement. Instagram Plus subscribers will gain access to expanded Story controls, audience insights, profile customization options and additional profile pins.
Facebook Plus users will receive enhanced Story features, animated reactions and profile personalization tools. WhatsApp Plus includes premium stickers, app themes, custom ringtones and expanded pinned chat capabilities.

Russia blocked the U.S.-based messaging app WhatsApp, citing the company’s failure to comply with local laws. (Reuters/Thomas White/File Photo)
Meta is also expanding subscription offerings tied to artificial intelligence tools under a broader “Meta One” umbrella. The company said it plans to test AI-focused subscription tiers priced at $7.99 per month and $19.99 per month that provide expanded access to more compute-intensive AI features, including advanced reasoning capabilities and additional image and video generation tools.
“We’re also testing new subscription plans that offer premium features for those who want to unlock more from our apps and AI glasses,” Gleit said.
Meta said the AI-focused subscriptions will initially be tested in select international markets and will include bundled premium features across Facebook, Instagram and WhatsApp.

The apps Instagram, Facebook and WhatsApp can be seen on the display of a smartphone in front of the logo of the Meta internet company. (Jens Büttner/picture alliance via Getty Images)
The company is also preparing subscription plans for businesses and creators that include enhanced profile visibility, audience insights, collaboration tools, clickable links in Instagram posts and Reels, and account support features.
Meta said the creator and business plans will initially launch in select test markets and are intended to help users grow audiences and manage their online presence more effectively.
Gleit said Meta is testing subscriptions under the name “Meta One.”
“Eventually, we see Meta One as the one place that brings our subscriptions together across all of our apps,” she said.
The new offerings appear separate from Meta Verified, the company’s existing subscription product focused on account verification and impersonation protections. The rollout comes as technology companies increasingly push subscription-based AI products and premium platform tools as they look to generate recurring revenue from artificial intelligence services.
Meta shares rose following reports of the subscription rollout. Shares of the company are up nearly 5% over the last five trading sessions.
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Gleit described the rollout as “just the beginning,” adding that Meta plans to introduce additional features over time.
Business
GameStop Shares Edge Higher to $21.76 as Retail Investor Interest Persists in Volatile 2026 Market
NEW YORK — GameStop Corp. shares rose modestly on Thursday, climbing 0.37 percent to $21.76, as retail traders continued to show interest in the video game retailer despite ongoing challenges in its core business and broader market uncertainty.
The stock’s movement came amid light trading volume in a session dominated by geopolitical tensions and shifting expectations for Federal Reserve policy. GameStop, once at the center of a massive retail trading frenzy in 2021, has seen its share price remain volatile throughout 2026, trading well below its meme-stock peaks but still drawing attention from individual investors.
The company, which operates hundreds of retail stores selling video games, consoles and collectibles, has been transitioning toward e-commerce and collectibles while reducing its physical footprint. First-quarter results earlier this year showed continued revenue pressure from declining brick-and-mortar sales, though cost-cutting measures helped stabilize margins.
Analysts remain divided on GameStop’s long-term prospects. While some see potential in its cash reserves and digital pivot, others question whether the company can successfully reinvent itself in an industry increasingly dominated by downloads and online platforms. The consensus rating among covering firms leans toward Hold, with average price targets well below current levels.
Recent Performance and Market Context
GameStop shares have experienced significant swings in 2026. The stock surged earlier in the year on renewed retail enthusiasm but has since given back gains amid weaker industry trends and macroeconomic headwinds. Thursday’s modest uptick reflects ongoing speculative interest rather than fundamental improvement.
The broader market environment has been challenging for discretionary retailers. Elevated interest rates, cautious consumer spending and competition from digital giants have weighed on traditional game retailers. GameStop’s heavy reliance on physical sales makes it particularly sensitive to these trends.
Despite these challenges, the company maintains a dedicated following among retail investors who view it as a symbol of grassroots market power. Social media platforms continue to feature discussions about potential short squeezes and turnaround narratives, though trading volumes remain far below 2021 peaks.
Company Strategy and Challenges
GameStop has taken steps to adapt to changing consumer habits. The company has expanded its e-commerce offerings, invested in collectibles and explored new revenue streams. However, progress has been uneven, and same-store sales have remained under pressure.
Leadership has emphasized cost discipline and inventory management. The company ended its most recent quarter with a strong cash position, providing some buffer against industry softness. Yet analysts caution that without a clear path to sustainable profitability, the stock could face further downside.
The video game industry itself is undergoing transformation. Major publishers are focusing on live-service models and subscription platforms, reducing the importance of traditional retail distribution. GameStop’s ability to carve out a meaningful role in this evolving landscape remains a key question for investors.
Retail Investor Sentiment
GameStop continues to attract attention from individual traders, many of whom first discovered the stock during the 2021 meme frenzy. Online forums and social media groups remain active, with users sharing price targets and speculation about potential catalysts.
This retail interest has contributed to periodic volatility, though without the same intensity seen in previous years. Short interest has moderated but remains elevated compared to most stocks, keeping the potential for sharp moves alive.
Market watchers note that while retail enthusiasm provides liquidity, it can also lead to disconnects between share price movements and underlying business fundamentals. GameStop’s earnings reports often trigger sharp reactions regardless of broader market trends.
Broader Retail Sector Trends
The discretionary retail environment in 2026 has been difficult. Higher borrowing costs and selective consumer spending have hurt many traditional retailers. GameStop’s performance reflects these pressures while also highlighting its unique position as a meme stock with a loyal following.
Competitors in the space have pursued different strategies, with some focusing exclusively on digital channels or diversifying into entertainment experiences. GameStop’s hybrid approach aims to leverage both its physical presence and online capabilities, but execution remains critical.
Outlook and Analyst Views
Looking ahead, analysts expect GameStop to face continued headwinds in its core business. Revenue projections for the year remain muted, though cost savings and potential new initiatives could provide some support.
Several firms have maintained neutral ratings, citing uncertainty around the company’s strategic direction. Price targets generally reflect skepticism about near-term catalysts, though a few more bullish voices see value in the company’s cash position and brand recognition.
Investors considering GameStop stock should weigh its speculative nature against traditional valuation metrics. The stock’s history of extreme volatility makes it unsuitable for conservative portfolios but potentially appealing for those comfortable with high risk.
As the company navigates industry changes and retail investor attention, its performance will likely remain a topic of interest across financial media and social platforms. Thursday’s modest gain adds another chapter to GameStop’s ongoing story in 2026’s unpredictable market environment.
The coming weeks will bring further earnings updates and industry developments that could influence the stock’s direction. For now, GameStop continues to trade as both a traditional retailer and a symbol of retail investor power, creating a unique dynamic that keeps market participants watching closely.
Business
El Pollo Loco authorizes $40 million stock buyback program

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California sues 23andMe over large 2023 data breach

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Business
Why Australia’s Digital Leisure Economy is Growing Fast
If you’ve paid any attention to the sudden explosion of online keno in Australia, you’re actually looking at a symptom of a much larger shift.
Over the past ten years, the way Australians interact with entertainment, mobile tech, and online services has completely transformed. We’ve moved away from rigid schedules and bulky setups.
Instead, whether it’s interactive gaming ecosystems, streaming media, or real-time digital experiences, today’s businesses like keno online in Australia are having to adapt to an audience that demands total convenience. We want instant engagement, and we want it across all our connected devices without a single hiccup.
The Shift Toward Bite-Sized, Mobile-First Entertainment
A massive piece of this puzzle comes down to the simple fact that our phones and networks are finally good enough to handle our demands. Widespread smartphone adoption paired with high-speed mobile connectivity means Australians now expect to be entertained instantly, no matter where they are. This has opened up huge opportunities for platforms that can deliver fast and responsive services.
Australia’s underlying tech infrastructure deserves a lot of the credit here. We now have much better broadband access and stronger mobile networks, which have essentially wiped out the technical bottlenecks that used to make online entertainment so frustrating. Because of this, digital platforms can handle a lot more traffic and deliver smooth, real-time experiences whether you’re sitting in a Sydney cafe or relaxing in a regional town.
This mobile-first mentality has also fundamentally changed how we fit leisure into our day. Gone are the days when we always needed to set aside a two-hour block for entertainment. Instead, people gravitate toward short-session experiences that slide easily into a busy routine. The massive shift toward remote and hybrid work environments has only amplified this. With more flexible schedules and a lot more time spent hovering near connected devices, people are sprinkling quick gaming or streaming sessions into their daily lives far more frequently than they used to.
How AI and Personalization Keep Us Hooked
Modern consumers have zero patience for generic experiences. We expect platforms to figure out what we want almost automatically. If you look at any major entertainment ecosystem right now, customized interfaces and behavior-driven content suggestions are the absolute bare minimum. Businesses are heavily leveraging data analytics and machine learning simply because they have to—it’s the only way to keep people engaged and stop them from jumping to a competitor.
Behind the curtain, Artificial Intelligence is doing an incredible amount of heavy lifting. AI systems are constantly chewing through behavioral data to figure out how to optimize the user experience. They recommend the right content, streamline customer support, and even flag unusual account activity to prevent fraud. It’s this technology that allows companies to manage millions of users while somehow making the experience feel entirely individualized.
Australia’s younger, digitally native demographics are really driving this push. They adopt new tech faster than anyone else and have incredibly high standards for how responsive a mobile experience should be. To win them over, businesses have to prioritize clean designs, deep personalization, and platforms that encourage continuous interaction. On top of that, social media is now deeply baked into the experience. Online communities, user-generated content, and influencer marketing aren’t just add-ons; they are core strategies for bringing in new users and keeping them around through strong social engagement loops.
Seamless Payments and the Invisible Tech Keeping Things Running
Of course, none of this growth happens if it’s hard for people to spend their money. Payment innovation has been a massive accelerator for the online leisure market. We now expect transactions to be completely frictionless. Whether it’s instant deposits or secure mobile checkouts integrated directly into an app, fintech advancements like digital wallets and biometric logins have made spending money online incredibly easy.
This slick financial infrastructure is exactly what has allowed subscription models and transaction-driven entertainment to take off so rapidly. People are comfortable managing their money within these digital ecosystems, giving businesses a golden opportunity to offer fully integrated, hassle-free account systems.
But keeping all of this running requires some serious backbone, which is where cloud computing steps in. Entertainment platforms deal with wildly unpredictable traffic—think of a massive surge during a live event or a Friday night. Scalable cloud infrastructure lets these companies expand their computing power on the fly so the platform doesn’t crash when everyone logs on at once.
Naturally, as more money and time flow into these platforms, cybersecurity has become a monumental priority. Businesses are pouring money into advanced encryption, AI-powered threat monitoring, and fraud detection. They know that if they lose consumer trust, the whole ecosystem falls apart.
Navigating a Crowded, Highly Regulated Future
The competition in Australia’s digital economy is getting fierce. With aggressive new startups and massive international platforms constantly flooding the market, businesses can’t just rely on having good content or cheap pricing anymore. They have to stand out through flawless user experiences, genuine technological innovation, and rock-solid reliability.
At the same time, the rules of the game are changing. Regulatory developments surrounding privacy, consumer data, and digital transactions are constantly evolving on a global scale. Companies are walking a tightrope—trying to build highly personalized, data-hungry platforms while staying strictly compliant with ethical data practices and new legal obligations.
Looking ahead, Australia’s digital leisure economy is only going to keep expanding. As mobile connectivity gets even faster, AI gets smarter, and fintech becomes more invisible, we are going to see entirely new forms of interactive entertainment emerge. Digital leisure isn’t just some secondary offshoot of the economy anymore. It has grown into a powerhouse of innovation and investment, completely reshaping Australia’s technological and cultural landscape.
Business
Vestis Corp stock hits 52-week high at 12.61 USD

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Pitney Bowes CEO Wolf sells $3.82 million in company stock

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United Bancorp director John Hoopingarner buys $13,899 in stock

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