Beats

Mastercard’s profit beats as consumer spending defies inflation worries
Mastercard’s profit beats as consumer spending defies inflation worries
MASTERCARD reported first-quarter profit that exceeded Wall Street expectations on Wednesday (May 1), on higher card spending by consumers despite rising borrowing costs and persistent inflation.Wage growth and a...
Qualcomm forecast beats estimates as AI drives chip sales in China
Qualcomm forecast beats estimates as AI drives chip sales in China
QUALCOMM on Wednesday forecast quarterly sales and adjusted profit above Wall Street expectations, driven by selling more and pricier chips into Android smartphones with artificial-intelligence features.After a smartphone slump...
AIG beats profit estimates on underwriting strength
AIG beats profit estimates on underwriting strength
AMERICAN International Group (AIG) exceeded first-quarter profit expectations on Wednesday (May 1), driven by growth in its general insurance as well as life and retirement divisions, and lower catastrophe...
DuPont beats profit estimates, raises full-year forecasts
DuPont beats profit estimates, raises full-year forecasts
INDUSTRIAL materials maker DuPont de Nemours beat Wall Street estimates for first-quarter profit and raised its full-year forecasts on Wednesday (May 1), as it benefited from higher sales in...
UAE’s top bank FAB beats Q1 profit estimates
UAE’s top bank FAB beats Q1 profit estimates
THE United Arab Emirates’ biggest lender by assets, First Abu Dhabi Bank (FAB) beat estimates on Wednesday (May 1) with first-quarter net profit of 4.15 billion dirhams (S$1.54 billion).The...
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Blackstone beats Concord with US.6 billion bid for Hipgnosis Songs
Blackstone beats Concord with US$1.6 billion bid for Hipgnosis Songs
Blackstone has agreed to acquire Hipgnosis Songs Fund for about US$1.57 billion, trumping an offer from Concord for the music rights owner of artists such as Shakira and Red...
HCA beats first-quarter profit estimates on higher patient admissions
HCA beats first-quarter profit estimates on higher patient admissions
HCA Healthcare on Friday (Apr 26) beat Wall Street estimates for quarterly profit, helped by higher patient admissions due to demand for healthcare services. The hospital operator, however, reaffirmed its...
Chevron’s quarterly profit beats estimates
Chevron’s quarterly profit beats estimates
Oil giant Chevron Corp beat estimates for first-quarter profit on Friday (Apr 26) as higher production volumes helped offset a hit from weak natural gas prices.Global oil prices were...
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs...