Forecast
Netflix adds eight million customers; forecast worries investors
NETFLIX extended its lead over the streaming competition, adding eight million customers in the second quarter, but a cautious forecast sent the shares lower in extended trading.The subscriber results,...
Netflix adds 8 million customers; forecast worries investors
NETFLIX extended its lead over the streaming competition, adding eight million customers in the second quarter, but a cautious forecast sent the shares lower in extended trading.The subscriber results,...
Abbott raises annual profit forecast as strong medical device sales power quarterly beat
The company now expects a profit of US$4.61 to US$4.71 per share for the full yearABBOTT Laboratories raised its annual profit forecast and beat Wall Street estimates for second-quarter...
India’s Infosys ups annual sales forecast on demand recovery
INFOSYS topped quarterly results estimates on Thursday (Jul 18) on a recovery in demand from clients in its mainstay financial services business, prompting India’s second-largest IT services firm to...
Volvo Cars cuts full-year forecast citing tariffs, Q2 Ebit beats estimates
VOLVO Cars beat second-quarter operating earnings estimates on Thursday (Jul 18) but lowered its full-year retail sales forecast citing the impact of European tariffs on Chinese-made EVs that could...
TSMC rides AI demand to raise Q3 revenue forecast
TAIWAN’S TSMC, the world’s largest contract chipmaker, forecast on Thursday (Jul 18) its revenue in the current quarter will increase by as much as 34 per cent, driven by...
TSMC rides AI demand to raise revenue forecast, says no to US joint venture
TAIWAN’S TSMC, the world’s largest contract chipmaker, raised its full-year revenue forecast on Thursday (Jul 18) given surging demand for chips used in artificial intelligence, and rejected the idea...
Volkswagen cuts forecast on Audi plant closure, additional expenses
VOLKSWAGEN (VW) lowered its margin outlook for the year, citing costs related to a potential Audi plant closure in Belgium after disappointing demand for some electric vehicles (EVs) and...
