Beats
Singapore stocks inch up on Wednesday as May factory output beats forecasts
SINGAPORE stocks ended slightly higher on Wednesday (Jun 26), as the city-state’s factory output data beat forecasts in May.
The benchmark Straits Times Index (STI) rose 0.2 per cent or...
Chinese food delivery leader Meituan revenue up 25%, beats estimates
CHINA’S leading food delivery group Meituan on Thursday (Jun 6) reported a bigger-than-expected 25 per cent rise in quarterly revenue, defying a slowing Chinese economy.
Meituan, which operates an app...
Lululemon beats quarterly revenue estimate, announces more share buyback
LULULEMON Athletica beat Wall Street expectations for first-quarter revenue on Wednesday (Jun 5), as strong international business helped buffer a slowdown in consumer discretionary spending in its key North...
Lenovo beats estimates with AI helping PC sales rebound
LENOVO Group reported a third successive quarter of better-than-expected profit as the company exited a nadir for PC and server demand.
Temu-parent PDD Holdings beats first-quarter revenue estimates
PDD Holdings beat first-quarter revenue estimates on Wednesday (May 22), powered by its international shopping site Temu and growing consumer interest in its Chinese discount e-commerce platform Pinduoduo.
China’s Baidu beats quarterly revenue estimates on ad recovery, cloud demand
CHINA’S Baidu beat analysts’ estimates for first-quarter revenue on Thursday (May 16), driven by a recovery in advertising sales and higher demand for its cloud products.
The company reported revenue...
China’s Alibaba beats quarterly revenue estimates, profit drops
CHINA’S Alibaba Group Holding beat analysts’ estimates for fourth-quarter revenue on Tuesday (May 14), as a focus on low-cost goods in response to cautious consumer spending helped boost domestic...
China’s Alibaba profit tumbles 86% though revenue beats estimates
CHINA’S Alibaba Group Holding reported an 86 per cent plunge in fourth-quarter profit on Tuesday (May 14) primarily due to valuation changes from equity investments, pushing its US-listed shares...
