Lifts

PayPal lifts 2024 profit forecast as spending holds up, margins improve
PayPal lifts 2024 profit forecast as spending holds up, margins improve
PAYPAL on Tuesday (Jul 30) raised its forecast for full-year adjusted profit for the second time, betting on resilient consumer spending in the back-to-school and upcoming holiday shopping seasons,...
Computer parts maker Logitech lifts outlook after upbeat quarter
Computer parts maker Logitech lifts outlook after upbeat quarter
COMPUTER mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday (Jul 23), after a strong performance across nearly all product categories and a rising contribution...
US: Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets
US: Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets
The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Friday (Jun 28) as a report closely watched by the Federal Reserve showed inflation moderating in line with...
Gold edges higher as weak US data lifts Fed rate-cut bets
Gold edges higher as weak US data lifts Fed rate-cut bets
GOLD prices edged higher on Thursday (Jun 20) as lacklustre US economic activity fuelled expectations that the Federal Reserve would cut interest rates this year.Spot gold was up 0.2...
Rising tide for Seatrium lifts Singapore stocks marginally; STI up 0.1%
Rising tide for Seatrium lifts Singapore stocks marginally; STI up 0.1%
THE Straits Times Index (STI) finished Monday (May 27) at 3,318.45, up 1.89 points or 0.1 per cent. Across the broader market, advancers beat decliners 328 to 236, with...
Rising tide for Seatrium lifts Singapore stocks marginally; STI up 0.1%
Rising tide for Seatrium lifts Singapore benchmark marginally; STI up 0.1%
THE Straits Times Index (STI) finished Monday (May 27) at 3,318.45, up 1.89 points or 0.1 per cent. Across the broader market, advancers beat decliners 328 to 236, with...
Micron lifts 2024 capex forecast on rising investment in AI-related chips
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...
US: Nasdaq lifts to fresh record while Dow retreats
US: Nasdaq lifts to fresh record while Dow retreats
GAINS by several large tech companies pushed the Nasdaq to a fresh record Monday, on an overall mixed day for US equities as weakness at JPMorgan Chase dragged down...
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
DEUTSCHE Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.
DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
THE chief executives of the three local banks – DBS, UOB and OCBC – were noticeably more optimistic at their respective earnings briefings for the first quarter ended March,...