Estimates
Oracle gains after profit tops estimates on cloud expansion
ORACLE jumped in extended trading after reporting better-than-expected quarterly profit, signalling that artificial intelligence (AI) demand continues to help its cloud computing business boost earnings.Earnings, excluding some items, were...
Meituan’s sales beat estimates on strong food delivery demand
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise.
The dominant player in Chinese meal...
Meituan’s sales beat estimates on strong food delivery demand
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise.
The dominant player in Chinese meal...
Temu-owner PDD Holdings misses quarterly revenue estimates
CHINA’S PDD Holdings missed market estimates for quarterly revenue on Monday (Aug 26), as frail consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company’s shares...
China’s PDD Holdings misses quarterly revenue estimates
CHINA’S PDD Holdings missed market estimates for quarterly revenue on Monday (Aug 26), as reduced consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company’s shares...
Applied Materials forecasts quarterly revenue above estimates on AI-driven demand
APPLIED Materials forecast fourth-quarter revenue slightly above Wall Street estimates on Thursday (Aug 15), anticipating a surge in artificial intelligence (AI) fuelled demand for its chip-making equipment.The booming demand...
Grab’s Q2 loss narrows to US$53 million, but misses analyst estimates
NASDAQ-LISTED Grab on Thursday (Aug 15) posted a loss of US$53 million for the second quarter ended Jun 30, trimmed from a US$135 million loss in the corresponding year-ago...
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient interest for affordable luxury goods despite a global spending...
