Upbeat
Private healthcare players upbeat as China hospitals ease rules on foreign ownership
Significant investments are needed for these hospitals to make returns, observers sayTHE Chinese government’s recent move to allow foreign healthcare players to wholly own hospitals in certain regions will...
Industrial stocks lead the way in 2024; analysts upbeat on banking, tech sectors this year
The benchmark STI has risen 16.9% in 2024, marking its best year since 2017, though market watchers believe there is more room to growINDUSTRIAL stocks listed on the Singapore...
US: Wall St opens higher after Broadcom’s upbeat forecast
WALL Street’s main indexes opened higher on Friday (Dec 13) after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and boosted chip stocks.
The Dow Jones...
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed product line-up and improving domestic market help the company...
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
SHOPIFY forecast fourth-quarter revenue growth above estimates on Tuesday (Nov 12), as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce services ahead of...
GM results exceed Wall Street targets; company is upbeat on full-year earnings
General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the back of steady petrol-engine truck and SUV sales and a...
US: Wall St opens higher on AI euphoria after Micron’s upbeat forecast
Wall Street’s main indexes opened higher on Thursday (Sep 26), with the benchmark S&P 500 at a record high, as Micron’s upbeat forecast revived the frenzy around artificial intelligence,...
Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation base year to fiscal year 2025. It has a...
