Oracle gains after profit tops estimates on cloud expansion
ORACLE jumped in extended trading after reporting better-than-expected quarterly profit, signalling that artificial intelligence (AI) demand continues to help its ...
Tag: estimates
Applied Materials forecasts quarterly revenue above estimates on AI-driven demand
APPLIED Materials forecast fourth-quarter revenue slightly above Wall Street estimates on Thursday (Aug 15), anticipating a surge in artificial intelligence ...
Grab’s Q2 loss narrows to US$53 million, but misses analyst estimates
NASDAQ-LISTED Grab on Thursday (Aug 15) posted a loss of US$53 million for the second quarter ended Jun 30, trimmed ...
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient ...
Alibaba’s revenue misses estimates in a blow to revival effort
ALIBABA Group Holding posted a disappointing 4 per cent rise in revenue, after aggressive promotions and new shopping features failed ...
iPhone maker Hon Hai beats profit estimates thanks to AI boom
APPLE’S main manufacturing partner Hon Hai Precision Industry reported better-than-expected profit in the second quarter as the device assembler benefited ...
Sea back in the black with US$79.9 million Q2 profit, beating estimates
GAMING and e-commerce player Sea on Tuesday (Aug 13) posted a net profit of US$79.9 million for the three months ...
Disney Lays Off 7,000 Staff Despite First Quarter Revenue Beating Estimates; Shares Rise
Walt Disney Co said on Wednesday it would lay off 7,000 employees as it tries to trim costs amid souring ...
Netflix Shares Zoom as Subscription Outlook Turns Healthy; Q3 Earnings Top Estimates at $7.9 Billion
Guinness Records names Monday worst day of week; Netizens can relate Streaming giant Netflix reversed a series of setbacks, with ...