Asia: Markets rise as strong US tech earnings offset poor data
MOST markets rose in Asia on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled ...
Tag: Earnings
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
A DISAPPOINTING earnings report from Meta Platforms has technology investors on edge ahead of results from some of the stock ...
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
ROKU warned that a push by streaming rivals towards ad-supported offerings could weigh on its growth this year, taking the ...
Europe: Stocks retreat on earnings gloom, weak US economic data
EUROPEAN stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital payments firm Adyen, while sentiment ...
FTSE 100 hits record high on big mining M&A, earnings push
BRITAIN’S FTSE 100 hit a record high on Thursday (Apr 25) as miner Anglo-American surged on a buyout offer from ...
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SOUTH Korea’s SK Hynix said it expected a full recovery in memory chips on artificial intelligence (AI) demand, posting its ...
US: Wall St opens higher on tech boost, upbeat earnings
WALL Street’s main indexes opened higher on Wednesday (Apr 23), with Tesla leading gains among megacap stocks after its quarterly ...
Asia: Stocks rise on earnings optimism as US data approaches
ASIAN equities extended the week’s gains on Wednesday following a strong rally on Wall Street and another record in London, ...
US: Wall St opens higher as more earnings roll in
WALL Street’s main indexes opened higher on Tuesday (Apr 23) as some growth and chip stocks gained, while investors digested ...
GE Aerospace raises earnings goal on strong engine sales
GENERAL Electric raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft ...
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