Earnings

BYD shares face earnings test as China’s EV price war heats up
BYD shares face earnings test as China’s EV price war heats up
April 29, 2024
AFTER getting a jump on competitors in the latest round of China’s electric-vehicle (EV) price war, BYD now faces a key test of proving that it can withstand the...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
April 28, 2024
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
April 28, 2024
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Singapore banks unlikely to surprise at Q1 earnings, but expect upside from delayed rate cuts: analysts
April 28, 2024
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...
Asia: Markets rise as strong US tech earnings offset poor data
Asia: Markets rise as strong US tech earnings offset poor data
April 26, 2024
MOST markets rose in Asia on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled equities rally may have been overdone.However, the mood was...
Meta’s earnings flop sparks US0 billion sell-off in tech stocks
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
April 26, 2024
A DISAPPOINTING earnings report from Meta Platforms has technology investors on edge ahead of results from some of the stock market’s biggest and most important companies in the coming...
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
April 26, 2024
ROKU warned that a push by streaming rivals towards ad-supported offerings could weigh on its growth this year, taking the shine off its strong quarterly results and sending its...
Europe: Stocks retreat on earnings gloom, weak US economic data
Europe: Stocks retreat on earnings gloom, weak US economic data
April 25, 2024
EUROPEAN stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital payments firm Adyen, while sentiment also took a hit following weak economic growth data...
FTSE 100 hits record high on big mining M&A, earnings push
FTSE 100 hits record high on big mining M&A, earnings push
April 25, 2024
BRITAIN’S FTSE 100 hit a record high on Thursday (Apr 25) as miner Anglo-American surged on a buyout offer from BHP Group, while investors cheered earnings from several blue-chip...
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
April 25, 2024
SOUTH Korea’s SK Hynix said it expected a full recovery in memory chips on artificial intelligence (AI) demand, posting its highest profit in nearly two years on sales of...