Latest in Babcock Results Beat Forecasts on Strong Defense Demand
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Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - Yesterday -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Thales Orders Beat Forecasts Amid Defense-Spending Surge
Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...Business - The Wall Street Journal - October 23 -
Airbnb is seeing ‘strong demand trends’ — with these caveats
Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the ...Business - MarketWatch - 6 days ago -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - October 31 -
Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’
Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.Business - MarketWatch - October 31 -
IAG Earnings Soar Above Market Views on Strong Demand
The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.Business - The Wall Street Journal - 6 days ago -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - 7 hours ago -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Jeff Van Gundy's defensive demands transforming Clippers into a stingy unit
Opponents have scored fewer than 100 points per game against the Clippers in the preseason, and Jeff Van Gundy might have something to do with it.Sports - Yahoo Sports - October 16 -
Philippine defense secretary doesn't expect Trump will demand payment for protection
Philippine Defense Secretary Gilberto Teodoro says he doesn't expect U.S. President-elect Donald Trump’s next administration will demand the Philippines pay more for military protection because ...World - ABC News - 2 days ago -
England beat South Africa despite defensive errors
Watch highlights as England bounce back after Germany loss with a 2-1 win against South Africa in Coventry.Top stories - BBC News - October 30 -
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service
Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming serviceTech - ABC News - 7 hours ago -
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.Business - CNBC - October 16 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
Traton Gains After Results Beat Estimates
Traton shares rose after the truck maker’s supply issues cleared and its Scania brand helped lift results above analysts’ estimates.Business - The Wall Street Journal - October 22 -
Swedbank Climbs After Results Beat Expectations
Shares in the Swedish lender rose after it reported results for the third quarter that exceeded analysts’ expectations both at the top and bottom lines.Business - The Wall Street Journal - October 23 -
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.Business - The Wall Street Journal - October 31 -
Leonardo Revenue Beats Forecasts, But Blames Boeing's Woes For Not Raising Guidance
Growth was fueled by the defense electronics division as well as data processing for intelligence and cyber security. The company’s helicopters unit continued receiving strong orders, Leonardo said.Business - The Wall Street Journal - November 7 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.Business - CNBC - October 31 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - November 5 -
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - 5 hours ago -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18