CrowdStrike cuts forecasts as Windows outage weighs on new deals
CYBERSECURITY firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its ...
Tag: Forecasts
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 ...
Chinese e-commerce group JD.com beats profit forecasts in Q2
Chinese e-commerce group JD.com on Thursday (Aug 15) reported forecast beating second-quarter profits, helped by price cuts that attracted cost-sensitive ...
Aviva tops earning forecasts on home, motor insurance price rises
British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said ...
Danone sales beat forecasts amid strong Asia demand
DANONE said customers are back buying more expensive branded goods as cost-of-living pressures ease and some Asian markets recover. The French ...
Pinterest forecasts downbeat revenue as competition grows; shares slump
PINTEREST forecast current-quarter revenue below Wall Street expectations on Tuesday (Jul 30) as the image-sharing platform faces tough competition in ...
AMD forecasts US$4.5 billion of AI chip revenue this year, shares jump 7%
ADVANCED Micro Devices (AMD) forecast third-quarter revenue above market estimates on Tuesday (Jul 30), banking on demand for its artificial ...
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
KERING reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works ...
Coca-Cola raises annual sales, profit forecasts on steady demand
COCA-COLA raised its annual organic sales and profit forecasts on Tuesday (Jul 23), signalling consumers are willing to spend more ...
Amazon Prime Day sales to hit record US$14 billion, data firm forecasts
SHOPPERS are likely to spend roughly US$14 billion during Amazon’s Prime Day two-day shopping event this week, according to projections ...
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