HCL Tech raises guidance, Wipro posts strong Q2 revenues, but lower profits; Apple, Samsung to update 5G software

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HCL Technologies, yesterday, beat fiscal second-quarter revenue expectations and increased its guidance for the full fiscal year, signalling demand remains strong for its services in cloud, engineering, and digital technologies amid a global economic slowdown. At Wipro, Q2 revenues matched street expectations, but profits for the September quarter fell nearly 10 percent versus the same period a year ago