Earnings
US: S&P 500 opens at record high with corporate earnings, economic data in focus
The S&P 500 and the Nasdaq opened higher on Monday (Oct 14), with the benchmark index notching a record high as investors prepared for a week packed with corporate...
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter earnings season kicked off.The Stoxx Europe 600 Index rose...
US: Dow, S&P 500 rally to fresh records on bank earnings
THE Dow and S&P 500 rallied to fresh records Friday (Oct 11) behind solid bank earnings, adding to weekly gains as markets shrugged off mixed economic data.The Dow Jones...
Seven & i restructuring, profit outlook are in focus at earnings
SEVEN & i Holdings is set to report quarterly earnings at a critical time, with much of the focus on what it will say about restructuring and its profit...
Brokers’ take: Maybank raises Sea’s target price to US$110 on higher earnings estimate
MAYBANK Securities has raised its target price for the Internet company Sea by 15 per cent to US$110, from US$96 previously, while reiterating its “buy” call on the counter. The...
US: Wall Street rises as focus turns to inflation data, earnings
Wall Street’s main indexes opened higher on Tuesday (Oct 8), regaining some ground after a selloff in the previous session, as investors turned their focus to the start of...
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major signalled in a regulatory filing published on Thursday (Oct...
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation base year to fiscal year 2025. It has a...
Adobe forecasts downbeat quarterly earnings on cautious tech spending
PHOTOSHOP maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday (Sep 12), signalling stiff competition and soft demand for its AI-integrated editing tools amid challenging economic conditions.Shares of...
