Forecast
Amazon Just Doubled Its AWS Revenue Forecast: Here’s Why the Stock Could Still Be Cheap
Amazon Web Services (AWS), the cloud computing division of Amazon that accounts for the bulk of the company's operating profit, is now targeting $600 billion in annual revenue by...
Wall Street opens higher as inflation eases; forecast boosts Micron
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while chipmaker...
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
[BENGALURU] Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years,...
China sets 2025 auto sales target below association forecast, vows tighter regulation
[SHANGHAI] China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for the year by the China Association...
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central...
Foxconn sees robust AI demand continuing after Q2 profit tops forecast
[TAIPEI] Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial intelligence servers, which helped the world’s largest contract electronics maker report a...
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company’s expects revenue between US$234 million and US$244 million for the unit, from its prior forecast of US$230 million to US$240 millionPublished Wed, Jun 25, 2025 ·...
Airbus revises up 20-year jet demand forecast despite trade tensions
[PARIS] Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current...
Broadcom gives tepid forecast, missing loftiest expectations
BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting that the AI spending frenzy isn’t as strong as...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...