Leadership
Shopify soars as AI focus powers quarterly beat, bullish forecast
SHOPIFY beat analysts’ estimates for second-quarter results and forecast upbeat sales growth on Wednesday (Aug 7) as its AI-enabled tools attracted more merchants to its e-commerce services, sending its...
Shopify beats estimates for quarterly results on AI boost, shares soar
SHOPIFY beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its US shares up 17...
Strong fees, more resiliency will boost earnings in 2024 despite rising uncertainty: DBS CEO
Bank reports strong set of results in Q2 with net profit up 6% on year at S$2.79 billionA STRONG fees business and lower sensitivity to interest rates will likely...
Intel has lost Wall Street’s patience as headwinds keep mounting
AFTER another catastrophic earnings report, Intel bulls are increasingly few and far between on Wall Street.
Intel shares have shed nearly a third of their value since the firm gave...
Siemens Energy raises cash flow outlook as turnaround gains momentum
SIEMENS Energy on Wednesday (Aug 7) raised its free cash flow outlook for the second time in three months, citing stronger demand for its power grid equipment and gas...
Hilton lifts profit view as international travel offsets weak US demand
HOTEL operator Hilton Worldwide raised its forecast for 2024 profit after beating second-quarter estimates on Wednesday (Aug 7) as robust demand for international travel offset losses from normalising domestic...
Sony raises outlook after music, software help earnings beat
SONY Group raised its forecast for revenue and profit in the fiscal year to March after a successful quarter for its music and gaming software divisions.
The Japanese entertainment giant...
Hot stock: Dyna-Mac up as much as 11.5% after H1 profit surge
The higher bottom line comes amid the completion of major projects, improved productivity and increase in volume of projects undertakenSHARES offshore oil and gas contractor Dyna-Mac gained some ground...
