Bright spots emerge in company earnings as uncertainty lingers

Some of the world’s top tech firms, including US search giant Alphabet, South Korean chipmaker SK hynix and Indian IT services provider Infosys, have provided upbeat guidance in their latest earnings reports, shrugging off an uncertain US trade policy.

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Corporate operations have been overshadowed by erratic US trade action that has upended supply chains and left firms to navigate fluid tariffs on top of broader economic uncertainties such as regulatory change and currency fluctuation.

But tech titans Alphabet, SK hynix and Infosys — which all reported earnings that beat market forecasts — predicted brighter days to come, with Alphabet and SK hynix both flagging plans to boost spending.

Nvidia supplier SK hynix booked record quarterly profit, boosted by strong demand for artificial intelligence chips and customers stockpiling ahead of potential US tariffs.

Indian IT services provider Infosys raised the floor of its annual revenue forecast range to 1% to 3%, from flat to 3%, matching analyst expectations.