Europe’s STOXX 600 hits record high on earnings boost; ECB in focus
Pan-European index is at 626.36 by 0945 GMT, with all major regional benchmarks in the black STOXX 600 rose 0.8 per cent to hit a record high on Wednesday (Feb 18) as defence…
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earnings
Private software companies release earnings early to calm AI nerves
The software industry has faced a seismic shift as the rapid advance of AI threatens to turn swaths of corporate debt into a burden A handful of software firms, including McAfee,…
China’s stock bull run falters with earnings set to underwhelm
Investors are wary that the Chinese New Year holiday spending may not be enough to reignite a rally A WORSENING earnings picture is darkening the outlook for Chinese equities,…
Europe: Stocks edge lower as investors weigh AI volatility; earnings, data in focus
European shares edged lower on Friday (Feb 13) as concerns about potential artificial intelligence (AI)-driven disruptions kept investors cautious, while they also assessed a…
Under Armour Beats Projections in Q3 Despite Continuing Weakness in North America
Despite continuing headwinds, particularly in its home market of North America, Under Armour managed to exceed analyst expectations in the third quarter and raised its profit guidance for…
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 Danish shipping company Maersk plans to cut jobs and…
The Estée Lauder Cos.’ Sales Rise 6 Percent to $4.2 Billion in Q2
The Estée Lauder Cos.’ fortunes continue to improve. For the second quarter ended Dec. 31, net sales increased 6 percent to $4.2 billion, while organic net sales rose 4 percent. Adjusted…
E.l.f. Beauty Raises 2026 Forecasts as Rhode Breaks Records and New Super Bowl Campaign Debuts
E.l.f. Beauty has lifted its full-year forecasts on the top and bottom lines after a better-than-expected third quarter. The beauty company, which now also owns Hailey Bieber-founded Rhode…
Boot Barn Raises Yearly Guidance After Strong Q3
Boot Barn raised guidance for the year after beating expectations in the third quarter as the Western craze shows no sign of slowing down. In the third quarter of fiscal 2026, the Irvine,…
Dow edges up as Lilly, Super Micro earnings cushion software jitters
The S&P 500 opened largely flat and the Dow marginally higher on Wednesday (Feb 4), following upbeat results from Eli Lilly and Super Micro Computer, while investors avoided big…
‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to “buy” from “neutral”,…
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Results are due from about one-quarter of S&P 500 companies including Alphabet, Amazon, Lilly Another huge batch of corporate earnings including from megacaps Alphabet and Amazon…
US stocks fall, as investors fret over Trump’s Fed nominee, earnings, inflation
Wall Street’s main indexes closed lower on Friday (Jan 30) as investors viewed US President Donald Trump’s nomination of former Federal Reserve governor Kevin Warsh as a hawkish…
CGSI raises target price on OUE Reit to S$0.41 on better-than-expected 2025 earnings, positive outlook
Analysts keep ‘add’ call management’s positive view on rental revisions for commercial assets CGS international raised its target price for OUE Real Estate Investment Trust (Reit) to…
Singapore, Asia markets steady after Fed pause and MAS hold; spotlight turns to earnings
Investor attention is shifting towards fundamentals and AI-linked growth themes in the region Market reactions in Asia were broadly muted on Thursday (Jan 29) after the US Federal Reserve…
Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings
Investor attention is shifting towards fundamentals and AI-linked growth themes in the region Markets in Asia broadly gained ground on Thursday (Jan 29) after the US Federal Reserve opted…
MBS Q4 earnings surpass S$1 billion to set new record
Marina Bay Sands (MBS) delivered “simply the greatest quarter in the history of casino hotels”, said Las Vegas Sands (LVS) chairman and chief executive officer Rob Goldstein in a Wednesday…
S&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled by a gain in chip stocks and as investors geared up for a Federal…
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth at its upcoming Q4 results release on Feb 25.…
S&P, Nasdaq opens higher as earnings roll in
The S&P 500 and the Nasdaq opened higher on Tuesday (Jan 27) as investors parsed a fresh round of mega-cap earnings, while health insurers declined as the Trump administration’s…
INTC stock is plunging today despite Intel earnings that beat Wall Street expectations. Here are 2 reasons why
Shares in Intel Corporation (Nasdaq: INTC) are plunging in premarket trading this morning. The stock price fall comes after the chipmaker reported its Q4 2025 earnings after the closing…
UOB up 2.2% at 9-month high; Macquarie lifts target price ahead of Q4 earnings
It has potential for a ‘relative-value catch up play’, with headwinds set to abate this earnings season Shares of UOB rose on Thursday (Jan 22) after Macquarie upgraded its call on the…
Maybank eyes 13-14% ROE by 2030 in new five-year strategy unveiled ahead of Q4 earnings
It will invest RM10 billion in its technology, data and artificial strategy over the next five years Malaysian lender Maybank on Tuesday (Jan 20) unveiled a new five-year plan outlining a…
Maybank lifts ROE target to 13-14% by 2030 in new five-year strategy ahead of Q4 earnings
It will invest RM10 billion in its technology, data and AI strategy over the next five years Malaysian lender Maybank on Tuesday (Jan 20) unveiled a new five-year plan outlining a…