Forecast
Micron drops after forecast fails to meet lofty expectations
MICRON Technology, the largest US maker of computer memory chips, declined in late trading after its forecast disappointed investors seeking a bigger payoff from artificial intelligence (AI) mania.Fiscal fourth-quarter...
FedEx soars as cost cuts drive better-than-expected forecast
FEDEX forecast profit above Wall Street’s expectations and said it would buy back US$2.5 billion of its stock over the next year, lifting its shares on signs that a...
Broadcom boosts revenue forecast from AI chips, unveils stock split
BROADCOM raised its annual forecast for revenue from chips that help in artificial intelligence (AI) work by 10 per cent on Wednesday (Jun 12) and announced a stock split...
Indian stocks lose US$386 billion as polls tighter than forecast
India’s stocks market plummeted, erasing US$386 billion in market value, as tallies signalled that Prime Minister Narendra Modi’s ruling party was struggling to win a majority of seats in...
Dell shares tumble as weak margin forecast clouds upbeat quarter
DELL Technologies said on Thursday (May 30) it expects its adjusted gross margin rate to decline about 150 basis points in fiscal 2025, sending its shares down 18 per...
My Favorite SKIMS Drops This Month: Mini Dresses, Rompers & My Forecast For Summer’s Top Trend – E! Online
We independently selected these deals and products because we love them, and we think you might like them at these prices. E! has affiliate relationships, so we may get...
Nvidia forecast shatters estimates on sustained AI boom
NVIDIA, the chipmaker at the centre of an artificial intelligence (AI) boom, gave another bullish sales forecast, showing that spending on AI computing remains strong.Second-quarter revenue will be about...
Micron lifts 2024 capex forecast on rising investment in AI-related chips
Micron Technology on Tuesday (May 21) slightly raised its capital expenditure forecast for 2024, as the US chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet...
