Beats

Foxconn Q2 revenue beats market forecast on AI server demand
Foxconn Q2 revenue beats market forecast on AI server demand
July 5, 2024
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, posted on Friday (Jul 5) better-than-expected quarterly revenue on AI server demand, and forecast continued growth...
Tesla beats estimates with less-drastic drop in EV sales
Tesla beats estimates with less-drastic drop in EV sales
July 2, 2024
TESLA reported its second consecutive drop in quarterly deliveries, despite measures chief executive officer Elon Musk took to stem the decline. The carmaker said on Tuesday (Jul 2) that it...
BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services
BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services
June 27, 2024
CANADA’S BlackBerry beat first-quarter revenue estimates on Wednesday (Jun 26), driven by a resilient demand for cybersecurity services in the wake of growing online threats.US-listed shares of the company,...
Singapore stocks inch up on Wednesday as May factory output beats forecasts
Singapore stocks inch up on Wednesday as May factory output beats forecasts
June 26, 2024
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
Chinese food delivery leader Meituan revenue up 25%, beats estimates
June 6, 2024
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 beats quarterly revenue estimate, announces more share buyback
June 5, 2024
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 beats estimates with AI helping PC sales rebound
May 23, 2024
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
Temu-parent PDD Holdings beats first-quarter revenue estimates
May 22, 2024
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 beats quarterly revenue estimates on ad recovery, cloud demand
May 16, 2024
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 beats quarterly revenue estimates, profit drops
May 14, 2024
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...