Nvidia’s upbeat forecast soothes fears of AI spending bubble
The company’s results have become a barometer for the health of the AI industry Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period,…
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forecast
Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two months, but weather patterns have not impacted…
Moody’s home price forecast for more than 300 housing markets through 2035
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. When I recently reached out to Moody’s Analytics chief economist Mark…
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates Japan’s Mizuho Financial Group posted a 44 per cent rise in second-quarter net…
Sony Lifts Forecast as Music Division Soars on ‘Demon Slayer’ Boom
Sony Group Corporation lifted its annual earnings forecast after posting double-digit profit growth for the July–September quarter, fueled by strong performances in its music and image…
Qantas eases throttle on domestic outlook, trims first-half domestic revenue forecast
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing softer non-resources corporate demand at home and…
NRF Holiday Forecast: 2025 Spending Will Surpass $1 Trillion for First Time
Despite widespread economic concern, the National Retail Federation’s holiday forecast is bright. The retail trade organization said Thursday that retail sales will surpass $1 trillion for…
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its full-year profit forecast. Maersk said…
Zillow upgrades its outlook—here’s its home price forecast for more than 400 housing markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast,…
3M raises 2025 profit forecast as margin-focused strategy pays off
3M has leaned on product innovation under CEO Bill Brown, who took the helm in 2024 3M on Tuesday (Oct 21) raised full-year profit forecast for the second time this year, bolstered by a…
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years, easing concerns…
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TSMC, the world’s main producer of advanced artificial intelligence (AI) chips, posted a 39.1 per cent jump in third-quarter profit to record levels that handily beat market forecasts on…
HPE annual profit forecast misses estimate on margin crunch
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable Hewlett Packard Enterprise (HPE) gave an…
Johnson & Johnson reveals 2025 sales forecast and plans for its orthopedics business
Johnson & Johnson on Tuesday raised its 2025 sales forecast after reporting quarterly earnings that topped Wall Street expectations, and announced plans to spin off its orthopedics…
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading and investment banking businesses helped it beat…
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), surprising markets which…
Goldman hikes December 2026 gold price forecast to US$4,900 per ounce
Goldman Sachs raised on Monday (Oct 6) its December 2026 gold price forecast to US$4,900 per ounce from US$4,300, citing strong Western exchange-traded fund (ETF) inflows and likely…
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence (AI) products, though it missed the…
Zillow just revised its home price forecast for over 400 housing markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast,…
Singapore stocks rise on Tuesday; STI gains 0.1% as investors react to growth forecast
Across the broader market, decliners outnumber advancers 306 to 257 after about 1.5 billion shares worth S$1.4 billion change hands Local stocks snapped a five-day losing streak to end…
China sets 2025 auto sales target below association forecast, vows tighter regulation
China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Association of Automobile…
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central bank left…
Aurora borealis forecast: ‘Cannibal’ geomagnetic storm could make northern lights visible in 10 states tonight. Here’s where and when
Here’s some good news coming off a long holiday weekend as we head into the fall: If you missed the northern lights (or aurora borealis) last night, you may get another chance to catch a…
Ulta Beauty Surpasses Q2 Expectations, Raises Full-year Forecast Amid Space NK Acquisition and International Expansion
Boosted by its acquisition of British beauty retailer Space NK and shrugging off the end of its partnership with Target Corp., Ulta Beauty beat Wall Street forecasts on both the top and…