Earnings
Yen’s rapid advance pressures earnings once thought easy to beat
The yen’s recent rally has taken it past levels many Japanese companies use to forecast their earnings, raising the risk of exporters cutting their guidance and hampering the stock...
Nvidia’s earnings will test the S&P 500’s US$4 trillion recovery
The almost US$3 trillion rally in Nvidia shares over the roughly two years since ChatGPT’s unveiling has virtually rewired the US stock market, giving the artificial intelligence chipmaking giant...
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
Top Australian supermarkets’ FY24 earnings expected to show challenging outlook
EARNINGS of Australia’s top supermarket chains are likely to show constricted spending, presenting a challenging outlook for Woolworths and Coles, even as consumers deal with painfully high mortgage rates...
Director acquisitions rebound after earnings reporting season
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Aug 16 to 22, with S$184.7 million of net institutional inflow. The five sessions also saw...
‘Super Bowl’ Nvidia earnings stand to test searing AI trade
THE rally in US stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024.The S&P 500 has pared...
Oxley Holdings expects net loss for H2, FY2024 earnings
PROPERTY developer Oxley Holdings said on Friday (Aug 23) that it expects to post a net loss for both the second half and full year ended Jun 30, 2024....
Geely says EU tariffs would have big impact as earnings climb
GEELY Automobile Holdings, the Hong Kong-listed arm of billionaire Li Shufu’s car empire, is the latest Chinese automaker to come out swinging against proposed European Union tariffs, saying the...
SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates
SINGAPORE-LISTED companies in the volatile agri-commodity sector have posted resilient first-half results this year despite foreign exchange losses from weaker regional currencies and elevated interest rates. Meanwhile, analysts expect...