Business
TSMC: The AI Silicon Shortage Is About To Get Worse (NYSE:TSM)
I come from the world of SQL queries, data visualization. My professional background is in data analytics and social media marketing, which gave me a weird but useful lens for looking at markets. I usually think in datasets, trends and pattern recognition before I think in headlines. I started learning about the investing and financial market during COVID like a lot of people, but unlike most, I never left. What started as buying a few stocks during lockdown turned into a deep dive down the rabbit hole and studying market structure, learning options. Over time I went from a casual investor to actively swing trading stocks and regularly trading Nasdaq futures. I also actively trade options and Nasdaq (NQ) futures as a swing trader, which keeps me plugged into short-term market dynamics, and volatility. When I am not staring at charts or digging through earnings reports, you’ll find me training jiu-jitsu at my local academy.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSM. NVDA, GOOG, AVGO, MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
GTA-maker Rockstar Games hacked again but downplays impact
The incident marks the second time the games giant has been hacked by young, English-speaking hackers.
Business
Abu Dhabi Airport Open Today but Operating on Reduced Schedule Amid Iran Tensions
ABU DHABI, United Arab Emirates — Zayed International Airport (AUH) in Abu Dhabi remained open Monday with limited commercial flights operating under managed corridors, even as fresh uncertainty from the U.S. naval blockade in the Strait of Hormuz raised concerns about longer-term aviation disruptions in the Gulf. Travelers checking whether “Abu Dhabi airport closed today” received a nuanced answer: the facility is not fully shut but continues to function at significantly reduced capacity more than six weeks after the Iran conflict first triggered widespread airspace restrictions across the region.

As of April 13, 2026, Etihad Airways — the primary carrier at Abu Dhabi’s main gateway — was running approximately 80-85 daily departures to around 80 destinations, representing roughly 60% of pre-conflict levels. The General Civil Aviation Authority (GCAA) confirmed UAE airspace remains open with controlled entry and exit points, allowing cautious resumption of passenger, cargo and repatriation flights. However, schedules stay fluid, with many routes subject to last-minute changes or cancellations due to ongoing security assessments.
The airport has not experienced a full closure since early March, when initial U.S. and Israeli strikes on Iran prompted temporary airspace shutdowns and mass flight suspensions. Brief precautionary closures occurred in subsequent weeks, including after reported drone incidents near Dubai, but operations have gradually recovered through phased reopenings coordinated with the Abu Dhabi Emergency, Crisis and Disaster Management Center. Terminal access remains restricted to passengers with confirmed tickets, and authorities continue to advise against traveling to the airport without airline confirmation.
Etihad has maintained a limited commercial schedule since early March, prioritizing essential routes to Asia, Europe, Africa, North America and Australia while adding incremental services as conditions allow. The airline has waived change fees for affected bookings and offered rebooking or refund options for tickets issued before late February. Other carriers, including some European and Asian airlines, have resumed select flights but with reduced frequencies or rerouted paths avoiding high-risk airspace.
The broader context stems from the Iran conflict that erupted in late February 2026. Missile and drone exchanges, combined with Iranian restrictions on the Strait of Hormuz, forced multiple temporary airspace closures across the Gulf. Abu Dhabi and neighboring Dubai International (DXB) bore the brunt, with thousands of flights cancelled or diverted in the opening weeks. Even after a fragile two-week ceasefire took effect around April 8, full normalization has proved elusive. President Donald Trump’s Sunday announcement of a U.S. naval blockade targeting Iranian ports has reignited volatility, though it has not yet triggered new airspace closures in the UAE.
Aviation experts note that jet fuel supplies could face pressure if Hormuz disruptions persist, with some airport operators warning of potential systemic shortages within weeks. Abu Dhabi Airports has not reported fuel constraints so far, but contingency planning includes diversified sourcing and conservation measures. Passenger numbers at Zayed International remain well below the record growth seen in 2025, when the airport handled over 33 million travelers annually before the crisis.
For stranded or affected passengers, the situation has improved since the darkest days of early March but remains challenging. Repatriation and exceptional flights helped clear backlogs, yet many long-haul routes still operate on limited rotations. Travelers are urged to check flight status directly with airlines, monitor the Abu Dhabi Airports website and GCAA advisories, and avoid heading to the terminal without explicit confirmation. Rebooking flexibility remains in place for most carriers through at least mid-May.
The economic ripple effects extend beyond aviation. Abu Dhabi, a key global transit hub, has seen reduced connectivity impact business travel, tourism and logistics. The emirate’s diversification efforts, including tourism and non-oil sectors, have faced headwinds, though government support for airlines and airports has helped maintain core operations. Similar challenges affect neighboring hubs in Dubai, Sharjah and Doha, where schedules also remain constrained.
International reactions vary. Some governments have issued updated travel advisories urging caution for non-essential trips to the UAE, while others note improved stability since the ceasefire. Embassies recommend checking real-time flight information and having contingency plans, including alternative routing through less-affected airports or overland options where feasible.
Inside the terminal, operations reflect heightened security protocols. Enhanced screening, restricted access and real-time coordination with military and civil authorities help maintain safety. Staff continue assisting passengers with rebookings, accommodations and information, though frustration remains high among those facing repeated delays or cancellations.
Looking ahead, full recovery depends on de-escalation in the Iran conflict and stabilization of regional airspace. The current two-week ceasefire window expires around April 22, adding urgency to diplomatic efforts. Should the Hormuz blockade lead to renewed tensions or fuel supply strains, further disruptions cannot be ruled out. Airlines and airports continue scenario planning for both optimistic reopening and prolonged caution.
For now, Zayed International Airport answers the question “Is Abu Dhabi airport closed today?” with a qualified no. It is open and handling flights — but not business as usual. Passengers are experiencing a new normal of managed, reduced-capacity operations in one of the world’s busiest aviation regions.
The situation serves as a reminder of how quickly geopolitical events can ground dreams of travel. While resilience has been shown through phased recoveries and coordinated responses, the shadow of the Iran conflict continues to loom over Gulf skies. Travelers planning journeys involving Abu Dhabi are advised to build flexibility into their plans and stay informed through official channels as developments unfold rapidly.
As Monday progressed with no immediate new closures reported, the airport’s lights remained on and runways active — a symbol of cautious continuity amid uncertainty in a strategically vital part of the world.
Business
“You Better Not Lose to LeBron at 41” Perkins Puts Heavy Pressure on Durant
LOS ANGELES — ESPN analyst and former NBA champion Kendrick Perkins issued a blunt warning to Kevin Durant on Monday, declaring that the Houston Rockets superstar “better not lose” to a 41-year-old LeBron James in the first round of the 2026 NBA playoffs. Perkins’ fiery comments, made on “The Road Trippin’ Show,” quickly went viral as the Rockets prepare to face James and the Los Angeles Lakers in what promises to be one of the most intriguing opening-round matchups of the postseason.
Perkins, who played alongside Durant during his time with the Oklahoma City Thunder and later the Brooklyn Nets, did not mince words. “KD ass better not lose this series,” he said. “When you talk about pressure in the first round, Kevin Durant is under the most pressure. You better not f—ing lose to that Lakers team… You better not lose to LeBron at 41. You better not f—ing lose. It’s going to be a different conversation. That sh—t shouldn’t go past five games.”
The remarks come as the Western Conference standings set up a potential first-round series between the surging Rockets — featuring Durant, Alperen Şengün and a young, athletic supporting cast — and the veteran-laden Lakers. James, turning 42 in December, continues to defy age, averaging strong numbers while mentoring his son Bronny James, who made the Lakers roster as a rookie. The prospect of Durant, still one of the league’s most lethal scorers at age 37, facing off against a 41-year-old LeBron has ignited intense debate about legacy, pressure and generational respect.
Perkins argued that anything beyond a quick Rockets victory — ideally in five games or fewer — would tarnish Durant’s standing. He emphasized the age disparity, suggesting that losing or even extending the series significantly against an aging Lakers squad would shift the narrative around Durant’s career in uncomfortable ways. “You better not lose more than one game to 41-year-old LeBron and Bronny,” Perkins added in the clip that has circulated widely on social media.
The comments reflect Perkins’ long-standing reputation for candid, sometimes controversial analysis. A 2008 NBA champion with the Boston Celtics, Perkins has carved out a second career as a television personality known for his unfiltered takes on players, matchups and legacies. His history with Durant adds personal weight to the criticism, as the two have maintained a respectful but occasionally pointed relationship in public forums.
Durant has yet to respond directly to Perkins’ remarks, but the broader NBA community reacted swiftly. Social media platforms lit up with divided opinions. Some fans and analysts praised Perkins for holding Durant accountable, noting the Rockets’ youth and talent should translate to dominance against a Lakers team relying heavily on James’ longevity. Others defended Durant, pointing to his scoring prowess, playoff pedigree and the challenges of facing a motivated LeBron in a win-or-go-home environment.
The potential series carries significant narrative layers. Durant joined the Rockets in free agency after stints with the Golden State Warriors, Brooklyn Nets and Phoenix Suns, seeking a fresh start and a chance to lead a contender built around his elite scoring. The Rockets have emerged as one of the Western Conference’s most exciting young teams, blending Durant’s experience with athletic wings and a strong interior presence. A deep playoff run would validate that move.
For James, the matchup represents another chapter in a career filled with historic resilience. At 41, he continues to produce at an All-NBA level, drawing double-teams and creating opportunities for younger teammates including Bronny. Lakers fans and neutrals alike see the series as a test of whether James can still elevate a roster past a more athletic, younger opponent in the postseason’s early stages. A Lakers upset would further cement his legacy as one of the greatest to ever play.
Basketball analysts note the psychological stakes for Durant. Throughout his career, he has faced questions about “ring-chasing” after joining the Warriors and navigating superteam dynamics. A loss to the Lakers — especially one that extends beyond five games — could reignite debates about his ability to carry a team as the undisputed leader. Perkins’ comments tap directly into that sensitivity, framing the series as a legacy-defining moment for the Slim Reaper.
The Rockets enter the playoffs with momentum after a strong regular-season finish, bolstered by improved defense and chemistry. Houston’s roster depth and versatility could prove challenging for the Lakers, who have leaned on James’ brilliance and strategic adjustments throughout the year. Coaching battles between Rockets head coach Ime Udoka and Lakers coach JJ Redick will add another tactical layer to the matchup.
Perkins’ warning also highlights broader themes in today’s NBA: the tension between aging superstars and rising talents, the weight of expectations on high-profile veterans and the relentless scrutiny of playoff performance. LeBron James has long thrived under such pressure, turning doubters into fuel for legendary performances. Durant, known for his scoring efficiency and length, now faces similar examination as he enters the later stages of his prime.
Social media reaction has been swift and polarized. Clips of Perkins’ rant have garnered hundreds of thousands of views, with hashtags related to the potential series trending. Some users echoed Perkins, arguing the Rockets have “no excuses” given their roster construction. Others pushed back, noting injuries, matchups and LeBron’s proven ability to elevate teammates regardless of age.
As the NBA playoffs approach, the Rockets-Lakers storyline has emerged as one of the most compelling subplots. Whether the series materializes depends on final seeding, but the buzz surrounding Perkins’ comments has already amplified anticipation. For Durant, the message is clear from his former teammate: the margin for error is slim, and falling short against a 41-year-old LeBron would invite a harsher spotlight.
Perkins concluded his take with characteristic bluntness, underscoring that he expects the Rockets to handle business efficiently. His comments serve as both motivation and cautionary tale — a reminder that in the NBA postseason, narratives shift quickly based on results, especially when legends like LeBron James are involved.
The basketball world will be watching closely if and when these two franchises meet. For now, Kendrick Perkins has set the tone: Kevin Durant better not lose to LeBron at 41.
Business
Harlan Goode or Kalani Artis? Top 3 Battle for $100K Prize
SYDNEY — With just days until the live performances, Australian Idol 2026 has narrowed to a gripping top three: 18-year-old vocal powerhouse Harlan Goode from Brisbane, 23-year-old heartfelt landscaper Kalani Artis from the NSW Central Coast, and 21-year-old Kesha Oayda from Jindabyne.

The two-night grand finale kicks off Monday, April 13, at 7:30 p.m. on Channel 7 and 7plus, with the winner revealed Tuesday, April 14. Public votes alone will crown Australia’s next Idol, offering the victor $100,000, a recording deal, a songwriting camp with Sony Music Publishing and other career-launching perks.
Harlan Goode and Kalani Artis have emerged as the clear frontrunners in fan discussions and social media buzz, though all three finalists delivered standout moments in the top-six show that eliminated John Standley, Jacinta Guirguis and Trè Samuels. The top six united for an emotional group rendition of Adele’s “Set Fire to the Rain” before solo performances sealed the verdicts.

Goode, from Redlands in Brisbane’s bayside area, has been described as an “unstoppable force” who consistently raises the bar with effortless delivery and powerhouse ballads. The 18-year-old, who balanced Year 12 exams early in the season, impressed with a strong take on “Scared to Be Lonely” in recent weeks and earned praise for his versatile showmanship.
Fans and local supporters have rallied behind the Queenslander. A special message of encouragement ahead of the finale highlighted industry legends backing him, with comments calling his voice “phenomenal” and predicting he could follow in the footsteps of Australian music icons. Goode recently shared powerful advice he received from guest mentor Josh Groban, describing the American singer as “a genuinely beautiful human being” whose words helped him prepare for the high-stakes finale.
“He’s raised the bar with every performance, delivering a voice that truly connects with people,” Australian Idol’s official channels noted in a video tribute. Goode’s consistency and stage presence have made him a favorite among viewers who appreciate technical precision and big vocal moments.
Kalani Artis, a landscaper from Bensville on the Central Coast, brings a deeply personal story that has resonated strongly with audiences. His journey began when his nan gifted him his first guitar as a teenager, transforming his life through music. The 23-year-old shy tradie has opened up about mental health challenges and credited the show with significant personal growth.
“From when I walked into the audition room, so much has changed — my whole world is different,” Artis said in an official profile. “Australian Idol has helped me grow so much.” His emotional, breath-taking performances, including a heartfelt “Breakeven” in the top eight, have drawn tears and massive support from fans who call him a “true blue Aussie” and predict he will take the crown.
Artis’s nan, Sue, has been a constant emotional anchor, becoming “a mess” of happy tears when he made the top three. He has teased having “a lot of music in the works and lots of shows booked” regardless of the outcome, signaling his determination to build a career beyond the competition.
The season, which premiered Feb. 2 on Seven, marks the 11th overall and the fourth under the network after it acquired the rights. Hosts Ricki-Lee Coulter — herself a former Idol contestant from 2004 — and Scott Tweedie have guided the live shows, while judges Kyle Sandilands, Marcia Hines and Amy Shark provided feedback without voting power in the finale. Guest judges including Jessica Mauboy and Anastacia added star power earlier in the season.
Social media has lit up with divided but passionate opinions. Instagram and Facebook reels from the official Australian Idol account highlight both Goode’s effortless consistency and Artis’s ability to “take our breath away at every opportunity.” Local communities have mobilized: Redlands residents are pushing for Goode, while Central Coast supporters emphasize Artis’s authenticity and family-driven passion.
One fan blog analyzing the top three gave Goode a slight edge with a predicted 45% chance of victory due to his consistency and fan base, placing Artis at around 30% for his emotional edge. Kesha Oayda is viewed as a strong underdog capable of a surprise. Yet the competition remains wide open, as public voting can shift dramatically in the final hours.
The finalists performed live at Westfield Hurstville on April 9, giving fans a preview of the energy they will bring to the grand finale stage. Tickets for the live audience at the Coliseum in Rooty Hill were reportedly in demand for the Monday and Tuesday nights.
For Goode, the finale represents a chance to “unleash” fully after navigating the pressures of balancing school and national television. He has spoken about plans to continue developing as an artist, potentially touring and releasing original material.
Artis, meanwhile, views the experience as validation of his lifelong dream. “This is your Australian Idol!” one supporter wrote, capturing the sentiment of many who see the tradie-turned-singer as a relatable success story.
Judges have repeatedly praised the depth of talent this season, with Amy Shark and Marcia Hines noting the emotional authenticity across the top three. Kyle Sandilands, known for his direct style, has highlighted the vocal fireworks that have defined 2026 performances.
As voting opens ahead of the Monday performance show, fans are urged to support their favorites through official channels on 7plus and the Australian Idol app or website. The format relies entirely on public votes, heightening the drama for what producers call one of the show’s most competitive finales.
The grand finale week promises a mix of solo performances, possible duets or group numbers, and emotional tributes as the contestants reflect on their journeys from auditions to this point. Past winners have leveraged the title into recording contracts, tours and media careers, making the stakes personal as well as professional.
Whether Goode’s big-voice versatility or Artis’s heartfelt connection — or an unexpected surge for Oayda — prevails, one thing is certain: Australian Idol 2026 has delivered memorable talent and stories that have captivated viewers since February.
Tune in Monday at 7:30 p.m. for the performances that could decide Australia’s next singing sensation, followed by the results show Tuesday. In a season defined by growth, resilience and vocal excellence, the public will have the final say on who becomes Australian Idol 2026.
Business
How Much the Pop Star Earned Headlining the Desert Festival
INDIO, Calif. — Sabrina Carpenter capped her meteoric rise with a dazzling headlining performance at Coachella 2026, transforming the Empire Polo Club’s main stage into “Sabrinawood” complete with Hollywood-themed production and celebrity cameos. While exact figures for her compensation remain undisclosed by organizers Goldenvoice and the artist herself, industry estimates place her earnings in the multimillion-dollar range for the two-weekend commitment.

Carpenter, 26, performed on both Friday nights of the festival, which kicked off April 10 and runs through April 19, 2026. She headlined Weekend 1 on April 10 and is scheduled to close out Weekend 2 on April 17. Her set featured elaborate costume changes, dance numbers, surprise appearances by actors including Susan Sarandon, Will Ferrell and Sam Elliott, and hits from her chart-topping catalog such as “Espresso,” “Please Please Please” and newer tracks like “House Tour.”
According to multiple reports citing industry sources, a typical Coachella headliner can command approximately $5 million per weekend, potentially totaling $10 million for performances across both weekends. Billboard’s senior director of live music and touring, Dave Brooks, referenced this benchmark in discussions about festival payouts. Carpenter, riding high on Grammy wins, blockbuster streaming numbers and sold-out tours, is widely believed to have secured a deal within or near that range.
Some outlets have floated slightly lower estimates for female headliners. Reports suggest top-tier women like Carpenter and Karol G, the other female headliner, may have landed deals around $5 million to $8 million total, compared to Justin Bieber’s reported north of $10 million for his headlining slot. Discussions of a potential gender pay gap in festival bookings have surfaced online, with experts noting that male superstars sometimes negotiate higher fees even as female artists dominate charts and cultural conversations.
Coachella does not publicly release artist payment details, and contracts often include variables beyond base fees such as production support, merchandise cuts, hospitality riders and backend incentives tied to ticket sales or sponsorships. The festival, produced by Goldenvoice, generates hundreds of millions in revenue annually from ticket sales, VIP packages, camping, sponsors and livestream rights. General admission weekend passes started around $549–$649, with VIP options exceeding $1,200 and resale prices climbing much higher in the lead-up to the event.
Carpenter’s Coachella appearance marks a career pinnacle for the former child actress turned pop sensation. Her net worth is estimated between $16 million and $22 million as of 2026, built through music sales, streaming royalties, acting residuals, endorsement deals and live performances. Hits from her “Short n’ Sweet” era and follow-up releases have amassed billions of streams, while her tours have grossed tens of millions.
The 2026 set was described by reviewers as ambitious and theatrical. Carpenter evoked vintage Hollywood with a “Sabrinawood” sign, multiple stage transformations and playful interludes. One viral moment involved her reaction to a fan’s traditional Arabic zaghrouta (ululation), which she initially mistook for yodeling. She later apologized on social media for any misunderstanding, clarifying she was caught off guard during a quieter song segment. The incident sparked online debate but did little to dampen overall praise for the production value and energy of the performance.
Industry observers note that headlining Coachella delivers more than just a paycheck. The exposure reaches millions via on-site attendance of up to 125,000 per day, global livestreams on platforms like YouTube, and subsequent social media virality. Carpenter’s set generated immediate buzz, with clips of her cameos and high-energy numbers circulating widely. Past headliners have leveraged the slot to boost album sales, tour demand and brand partnerships.
For context, historical Coachella payouts have varied. Eminem reportedly earned around $1 million in 2018, while Paul McCartney was said to have received $4 million for one weekend in 2009. Beyoncé’s 2018 performance drew estimates from $8 million to as high as $12 million when factoring in production elements. Ariana Grande and The Weeknd have also been linked to eight-figure deals in prior years. These numbers fluctuate based on an artist’s current momentum, negotiation leverage and festival budget for that edition.
Lower on the bill, earnings drop significantly. Early-career or mid-tier acts might receive $10,000 to $50,000, while established names in sub-headliner slots can earn six figures. Production costs for headliners like Carpenter are substantial, with reports speculating that her elaborate “Sabrinawood” staging — including sets, lighting, costumes and guest coordination — likely ran into the millions, partially or fully covered by the festival or sponsors.
Carpenter has described Coachella 2026 as “the most ambitious show I’ve ever done,” highlighting the creative freedom and scale. In pre-festival interviews, she emphasized the difference between her arena tours and the festival environment, where she aimed to create a cinematic experience rather than a standard concert set. The inclusion of Hollywood stars as cameos added a layer of surprise that aligned with her playful, narrative-driven artistry.
The festival itself faced the usual mix of acclaim and criticism. Ticket prices drew complaints about accessibility, with some calling the event a “money trap” amid soaring resale values and add-on costs. Yet demand remained high, fueled by the star power of Carpenter, Bieber and Karol G. Organizers introduced new features like group camping options for 2026.
Beyond the paycheck, Carpenter’s Coachella slot reinforces her status as a generational talent. At just 26, she has transitioned from Disney Channel roots to pop superstardom, earning two Grammy wins and consistent chart dominance. Her ability to blend humor, vulnerability and showmanship has resonated with a broad audience, evident in the desert crowd’s enthusiastic response.
Speculation about her exact earnings will likely persist, as is common with major festival bookings. Insiders emphasize that total compensation packages can include non-cash elements such as production budgets, promotional support and future opportunities. For an artist at Carpenter’s level, the long-term career value of a successful Coachella headline set often outweighs the immediate fee.
As Weekend 2 approaches, anticipation builds for Carpenter’s second performance. Fans and analysts will watch closely for any setlist changes, additional guests or production tweaks. Regardless of the precise dollar amount, her 2026 Coachella appearances solidify a breakthrough year in a career already marked by impressive achievements.
The pop star’s team has not commented on financial details, and Goldenvoice maintains its longstanding policy of confidentiality around artist deals. What is clear is that Sabrina Carpenter delivered a memorable, high-production showcase worthy of the headlining stage — one that will be discussed, replayed and referenced for months to come.
Business
Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Volkswagen’s first-quarter deliveries drop 4% on weak China, US
Business
Gina Rinehart-backed Vulcan Energy granted lithium royalty exemption
Gina Rinehart-backed Vulcan Energy has been exempted from paying royalties over lithium production in a German state for five years.
Business
Citizens cuts Bowhead Specialty stock price target on pricing pressure

Citizens cuts Bowhead Specialty stock price target on pricing pressure
Business
Trent vs DMart: Which retailer’s shares should you buy now?
Shares of Trent have surged around 11% in the past week, but remain down nearly 9% in 2026 so far and about 15% over the past year. Over the longer term, however, the stock has rallied more than 189% in three years and around 439% in five years.
Meanwhile, Avenue Supermarts has seen only marginal gains over the past week, but climbed 11% in one month and 18% in 2026 so far. Over a longer horizon, the stock has risen over 27% in three years and 49% in five years.
Valuation check
Trent shares have a P/E ratio of 85.50, according to data on NSE. The Tata Group company’s market capitalisation stands at nearly Rs 1.4 lakh crore. DMart shares, meanwhile, have a P/E ratio of more than 100. The company’s market capitalisation stands at around Rs 2.87 lakh crore.
Notably, both stocks have P/E levels that would typically be considered very high, although the story of measuring valuations is more nuanced than that.
Earnings comparison
Trent reported a 3% rise in its December quarter consolidated net profit at Rs 513 crore compared to Rs 497 crore reported in the year-ago period. The company’s revenue from operations stood at Rs 5,345 crore in Q3 FY26, up 15% over Rs 4,657 crore posted in the corresponding period of the last financial year.Also read: BSE loses ‘cheap’ tag post 80% rally in one year. Can Q4 performance, NSE IPO drive rerating?
DMart, meanwhile, saw its consolidated net profit grow 18.3% YoY to Rs 855.92 crore in Q3 FY26, while revenue from operations witnessed a 13.3% YoY spike.
Which stock should you buy?
The Trent versus DMart debate today is essentially a choice between growth optionality and earnings stability, said Harshal Dasani, Business Head at INVasset PMS. Trent has delivered strong momentum, with sharp expansion in its Zudio format and continued traction in fashion retail. Its growth profile remains superior, driven by store additions, premiumisation and category expansion, the analyst said.
“However, that growth comes with higher volatility—fashion retail is inherently more sensitive to demand cycles, inventory risks and changing consumer preferences. The stock also trades at elevated valuations, which leaves limited room for disappointment in the near term,” he said.
According to Dasani, DMart offers a far more predictable earnings trajectory. Its core value proposition—everyday low pricing and high inventory turns—continues to drive steady footfalls and resilient same-store growth, even in a mixed consumption environment. “While its growth may appear slower compared to Trent, the quality of earnings, strong cash flows and disciplined expansion model make it a more consistent compounder,” he added.
Also read: HPCL, BPCL and IOCL shares slide up to 4% as crude oil reclaims $100. Where are prices headed?
At current levels, DMart appears better suited for investors seeking stability and downside protection, whereas Trent remains a higher-risk, higher-reward play that is more attractive on corrections rather than at peak valuations, Dasani concluded.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Wolfe Research raises PPL stock price target on regulatory progress

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