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Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul…
From Elon Musk’s controversial Washington crusade to the Cybertruck’s flop, it’s been a bad year for Tesla. Now, the EV company is reporting a 13% decline in vehicle deliveries for its…
Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records. The S&P 500…
Starz, fresh off its separation from former parent company Lionsgate, reported results for the first three months of the year. For the quarter, which was the company’s Q4 of fiscal 2025,…
It posted quarterly revenue of US$1.70 billion, compared with estimates of US$1.65 billion Ralph Lauren surpassed quarterly revenue estimates on Thursday (May 22), helped by…
Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion), driven by strong global demand for its new…
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at home Tyson Foods beat Wall Street expectations for…
INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online.…
Retail trading platform Robinhood’s first-quarter profit more than doubled and beat analysts’ estimates on Wednesday (Apr 30), driven by a surge in trading volumes from clients looking to…
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and…
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted advertising are helping simplify both selling and…
Hong Kong’s dealmakers are optimistic of a flurry of secondary listings from mainland-traded Chinese firms this year Hong Kong’s stock exchange churned out a record profit last…
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefitted from strong performance in its…
It reported a loss of US$123 million in Q1, smaller than the US$343 million loss in the year-ago period Boeing reported a smaller than expected quarterly loss on Wednesday (Apr…
Set aside his trajectory as an investment-banker-turned-Glossier-president and now Sakara Life chief executive officer, Henry Davis still has range to spare. Specifically, musical range,…
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central bank should help…
ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from asset…
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel destinations such as Korea and China, while also…
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing forecasts. The net profit attributable to…
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover…
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. The industry has been struggling,…
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid…
ORACLE missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday (Dec 9), hit by stiff competition and softer-than-expected spending on its database and…
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29), defying sluggish Chinese consumption. Meituan,…
