Adobe drops on weak forecast fuelled by AI competition fears
ADOBE dropped about 10 per cent in extended trading after giving a weak outlook for sales in the current quarter, ...
Tag: Forecast
Brokers’ take: Analysts cut DFI Retail Group target on lower earnings forecast
ANALYSTS have shaved their price targets for DFI Retail Group upon trimming their earnings estimates. This came after the group’s ...
Oil prices settle slightly down after US boosts crude output forecast
OIL prices dipped on Tuesday (Mar 12), settling slightly lower after a higher-than-expected forecast for United States crude oil production ...
DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures, ...
Hong Kong exchange’s 2023 profit misses forecast as new listings, trading income sags
HONG Kong’s bourse operator on Thursday (Feb 29) reported an 18 per cent profit rise in 2023, but missed estimates ...
Nvidia gives upbeat forecast as AI reaches ‘tipping point’
NVIDIA predicted another massive sales gain for the current quarter, helping justify a stock rally that has turned it into ...
Brokers’ take: RHB cuts ThaiBev target on lower earnings forecast; positive on recovery
RHB on Friday (Feb 16) cut its target price on Thai Beverage (ThaiBev) to S$0.76 from S$0.82, after revising its ...
Pinterest weak forecast signals intense competition for ad dollars, shares slump
PINTEREST forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it faces tough competition from larger ...
Siemens beats Q1 forecast despite digital industry weakness
SIEMENS reported first-quarter profit slightly ahead of expectations on Thursday (Feb 8) despite the German engineering group seeing a slowdown ...
IMF Inflation Forecast: What Inflation Means for Stock Market Investors | Entrepreneur
For over a year, sky-high inflation has forced households to stretch their dollars to make ends meet. While you may ...
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