TSMC’s Q3 profit handily beats forecasts on AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, reported on Thursday ...
Tag: Forecasts
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its ...
ASML cuts forecasts in Q3 earnings published early; shares fall
COMPUTER chip equipment maker ASML reported on Tuesday (Oct 15) third-quarter earnings that surprised markets with weak bookings and lower ...
Wells Fargo profit beats forecasts as provisions shrink, shares rise
WELLS Fargo’s profit beat analysts’ expectations in the third quarter, helped by resilience in wealth management and lower provisions for ...
Delta forecasts record fourth quarter profit on improved pricing, strong holiday bookings
DELTA Airlines said on Thursday (Oct 10) that the current quarter has shaped up to be one of the most ...
Delta forecasts record Q4 profit on improved pricing, strong holiday bookings
DELTA Airlines said on Thursday (Oct 10) that the current quarter has shaped up to be one of the most ...
Adobe forecasts downbeat quarterly earnings on cautious tech spending
PHOTOSHOP maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday (Sep 12), signalling stiff competition and soft demand for ...
RBNZ seen cutting rates further, faster than it currently forecasts
NEW Zealand’s central bank will cut interest rates further and faster than it says it will as the economy contracts ...
US banks extend fall as investors assess executives’ sobering forecasts
US BANK stocks fell in early trading on Wednesday (Sep 11), extending declines sparked by warnings of a slower-than-anticipated recovery ...
Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall
CHIPMAKER Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment.Despite ...
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