Beats
KKR quarterly profit beats expectation on dealmaking revival
ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from...
Exxon beats Q4 estimates with higher Permian, Guyana output
EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Its profit was US$7.39...
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust demand in its software unit as businesses ramped up IT spending, sending the company’s shares soaring about...
Wolfspeed beats Q2 revenue as business transition takes hold
CHIPMAKER Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on Wednesday (Jan 29), as the company made operational changes to accelerate its profitability.The...
TSMC profit beats estimates after year of rapid AI-driven growth
TAIWAN Semiconductor Manufacturing Company’s (TSMC) profit in the December quarter topped estimates with a 57 per cent rise, giving a boost to investors hoping to see the artificial intelligence...
Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking activityGoldman Sachs posted its biggest profit since...
Gold beats STI, Hong Kong-listed tech to be top-traded ETF on SGX in 2024
The precious metal continues to shine as investors look to diversify equity and bond portfolios amid geopolitical tensions and market volatility, says analyst RECORD-HIGH gold prices in 2024 have...
Amazon Beats Disney, Paramount, and Netflix in $40M Bid for Melania Trump Documentary Deal
Amazon has reportedly acquired the rights to a documentary about Melania Trump, directed by Brett Ratner, for an impressive $40 million. This documentary, featuring a behind-the-scenes look at the...
