Beats
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter revenue that easily beat both the market and the company’s own forecasts as...
AI chip giant Nvidia beats expectations, but shares take hit
ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, though that growth was slower than the furious pace...
AI chip giant Nvidia beats expectations, but shares take hit
ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, though that growth was slower than the furious pace...
Canada’s biggest bank RBC beats profit on smaller bad loan provisions
ROYAL Bank of Canada (RBC) on Wednesday (Aug 28) surpassed analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses...
Australia’s Fortescue beats dividend payout view, shares rise
AUSTRALIA’S Fortescue reported a rise in annual profit on Wednesday (Aug 28), boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend,...
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
Xiaomi Q2 revenue beats estimate, reveals auto unit sales
CHINA’S Xiaomi Corp on Wednesday (Aug 21) reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit’s contribution of 6.2 billion yuan (S$1.1...
Netflix beats 2021 record as investors embrace profit push
NETFLIX shares hit their first record in nearly three years as investors continue gravitating towards the streaming video company while its strategy to improve profitability plays out.Shares of the...
