US: Wall Street opens muted on Netflix earnings miss
Wall Street opened muted on Wednesday (Oct 22), with Netflix’s disappointing results pressuring market sentiment as investors tiptoe through a high-stakes earnings season. At 09.30 am, the…
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earnings
Netflix misses Q3 earnings targets due to tax dispute in Brazil
Netflix missed Wall Street’s third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of…
US: Wall Street opens flat as investors assess earnings for direction
Wall Street’s main indexes opened flat on Tuesday (Oct 21), as investors assessed a wave of quarterly earnings from corporate majors. At 09.30 am, the Dow Jones Industrial Average rose…
Wall Street hovers near records ahead of earnings, inflation data this week
Stocks are climbing on Wall Street Monday and pulling near their records following last week’s roller-coaster ride. The S&P 500 rose 1% and got back within 0.4% of its all-time high set…
US: Stocks rise to open big earnings week
WALL Street stocks rose early Monday (Oct 20) as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US government…
S-Reits expected to deliver stable Q3 earnings on easing debt costs
More Singapore-listed real estate investment trusts are expected to deliver year-on-year DPU growth helped by a decline in average interest expenses Singapore-listed real estate investment…
US: S&P 500 ends higher after strong bank earnings, chip stocks rally
THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-US…
US: Wall Street closes lower, pausing record-setting rally as earnings approach
The stock market’s pause comes amid a steep rally that has been largely driven by the rise of artificial intelligence technology US stocks ended in negative territory on Thursday (Oct 9)…
ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices
EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative US$100 million to as much as a positive US$300…
Cracker Barrel CEO Julie Masino addresses logo controversy again; stock price drops after earnings
Cracker Barrel reported earnings Wednesday for the first time since the company ignited a cultural firestorm by revealing a modern rebrand of its old-timey logo in August. Julie Masino,…
Hong Leong Asia closes up 2.9% as UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As at 1.09 pm, the stock was up at S$2.50. This was…
Trump says companies should report earnings every six months
President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses time and…
Lululemon Stock Analysts See Lost ‘Year’ of Earnings, ‘Show Me’ Story
Lululemon Athletica Inc. has been re-rated on Wall Street. Blame a slow-to-come turnaround in the U.S., worries over China or a much bigger than expected hit from the de minimis switch,…
Academy Sports Sees Improvement in Q2, Updates Guidance
Shares for Academy Sports + Outdoors dipped over 5 percent in pre-market trading on Tuesday after the retailer narrowly missed analyst expectations in the second quarter. The Katy,…
Australian shares post best August in 16 years as earnings season ends
The Australian benchmark notched its best August performance in sixteen years on Friday (Aug 29) as the corporate earnings season wrapped up, while losses in financial stocks dragged the…
Europe: Stoxx 600 closes lower; investors assess Pernod Ricard, Nvidia earnings
EUROPE’S Stoxx 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia. The pan-European Stoxx 600…
Asia: Markets mixed after Nvidia earnings
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries about the company’s stalled business in…
Nvidia beats Q2 earnings estimates, forecasts higher revenue as stocks slide
Nvidia forecast third-quarter revenue above Wall Street estimates on Wednesday, helped by robust demand for its artificial intelligence chips from cloud providers expanding infrastructure…
Kohl’s tops earnings estimate and raises full year outlook, shares soar
Kohl’s shares are soaring again—and this time it’s not just a meme stock. The department store chain’s shares surged on Wednesday as the company raised its full-year financial outlook and…
US: Wall St opens muted in countdown to Nvidia earnings
Wall Street’s main indexes opened flat on Wednesday (Aug 27) as investors awaited AI leader Nvidia’s results, which are expected to test the momentum of the broader…
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US Federal Reserve and awaited a key earnings report…
Asia: Markets diverge with eyes on Nvidia earnings
ASIAN markets diverged on Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI giant…
What will Nvidia’s upcoming earnings report reveal about its AI chip business in China?
Nvidia’s business in China will be the focus of investors when the AI chipmaker reports earnings on Wednesday, following an unusual deal with the Trump administration and Beijing’s…
Are sell-offs at Sembcorp, ST Engineering and SIA after their earnings reports a harbinger of doom?
The recent reporting season has been something of a reality check for bullish investors in the Singapore market, with a number of high-flying Straits Times Index (STI) components suffering…