Beats
Siemens profit beats market view on software but outlook remains guarded
SIEMENS beat quarterly earnings forecasts on Thursday (Aug 8), helped by demand for electricity infrastructure and production software, but warned some customers were hesitant to invest amid uncertainty over...
China chipmaker SMIC beats Q2 estimates despite steep profit fall
SEMICONDUCTOR Manufacturing International Corp (SMIC) reported a 59.1 per cent fall in second-quarter net profit on Thursday (Aug 8) though the result from China’s largest chip foundry beat expectations.
SMIC...
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...
New York Times beats estimates, adds 300,000 digital subscribers
NEW York Times reported second-quarter earnings that beat analysts’ expectations, as the company continues to grow its subscriber count.
The newspaper publisher reported earnings of 45 cents a share on...
Fox reports rise in quarterly revenue, beats profit estimates
FOX Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday (Aug 6), helped by steady demand for its Tubi streaming service in...
Uber’s second-quarter revenue beats on ride-sharing demand
UBER beat Wall Street estimates for second-quarter revenue and core profit on Tuesday (Aug 6), helped by steady demand for its ride-sharing and food-delivery services.
With more people returning to...
MUFG profit beats estimates with tailwind from rising rates
MITSUBISHI UFJ Financial Group reported quarterly profit that beat estimates, joining smaller rival Mizuho Financial Group in pointing to higher revenue from loans driven by rising rates in Japan....
DHL beats expectations on Q2 sales and profit
GERMAN logistics giant DHL reported second-quarter revenue and earnings slightly above expectations on Thursday (Aug 1) as air and ocean freight volumes showed modest improvements from a low starting...
Big tech beats Bitcoin as unwinding Donald Trump trade weighs on token
BITCOIN missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance...
eBay beats quarterly results estimates on steady demand for refurbished goods
EBAY exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories.The e-commerce giant’s third-quarter revenue forecast, however, fell...