Latest in Estimates Even Competition
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Apple profits top estimates even as competition dents China iPhone sales
Silicon Valley group says there are signs rollout of AI features will boost handset demandFinancial Times - 7h -
Joe Burrow to make Pro Bowl Games debut in skills competition
While some stars opted out, Burrow and Baker Mayfield will be among the players on hand for the revamped games.ESPN - 8h -
Queensland man attacked by ‘massive’ kangaroo estimated to be 2m tall and weigh 100kg
Authorities say the quick actions of his neighbour helped save the man’s life after he suffered serious injuries. Follow our Australia news live blog for latest updates Get our breaking news ...The Guardian - 1d -
Why the EU’s competitiveness plan is still a work in progress
Also in this newsletter: How a Dutch minister wants to relax green rules to boost affordable housingFinancial Times - 1d -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 1d -
UK raises cloud competition concerns, names Microsoft and Amazon as dominant players
Britain's antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market.CNBC - 2d -
Microsoft stifling competition in cloud services market, finds UK regulator
CMA decision comes as the US tech giant and Amazon face potential probes into their dominance of the marketFinancial Times - 2d -
UK competition agency will make ‘rapid decisions’, new chair says
Newly installed Doug Gurr wants to improve relations with industries and spur investmentFinancial Times - 3d -
Competition or growth? It’s better to have both
Political interference fuels uncertainty for businesses in need of a stable competition policyFinancial Times - 5d -
Nvidia’s toughest competition might just be Alphabet — but there’s a catch
One analyst says Alphabet has great chips, but doesn’t seem to be doing enough to pursue the massive market opportunity in AI hardware.MarketWatch - 6d -
UK competition regulator to cut staff after ‘budgeting error’
Voluntary exit scheme comes as CMA reels from government’s ousting of its chairFinancial Times - Jan. 23 -
Procter & Gamble earnings beat estimates as shoppers buy more household staples
Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.CNBC - Jan. 22 -
U.K. Competition Watchdog Chair Replaced With Ex-Amazon Boss
The government appointed Douglas Gurr as interim chairman of the Competition and Markets Authority after pressuring the regulator to do more to spur investment and economic growth.The Wall Street Journal - Jan. 22 -
China’s navy commissions new frigate amid rising competition with the US and others
China has commissioned a new-generation frigate as competition rises with the U.S. and other regional powers, saying the ship will “play a vital role in enhancing the overall combat effectiveness" ...ABC News - Jan. 22 -
UK competition watchdog chair ousted by government
Marcus Bokkerink is leaving as the government signals it is serious about growth, the BBC understands.BBC News - Jan. 21 -
Ministers force out chair of UK’s competition regulator
Marcus Bokkerink replaced at CMA with government saying it wants pro-business decisions to drive prosperity and growthFinancial Times - Jan. 21 -
Charles Schwab hints at stock buybacks after beating Wall Street estimates
Charles Schwab also beat Wall Street’s fourth-quarter earnings estimate and reversed a revenue decline from the year-ago quarter.MarketWatch - Jan. 21 -
D.R. Horton Clears Wall Street's Estimates Despite Fewer Closings
The Arlington, Texas, company reported net income of $844.9 million for the three months ended Dec. 31, down from $947.4 million a year earlier.The Wall Street Journal - Jan. 21 -
X Games will test AI from Google Cloud for judging snowboarding competitions
Making its debut in Aspen, X Games will leverage AI technology from Google Cloud to enhance objectivity in subjectively judged sports. The aim is to deepen fan engagement, and provide valuable ...VentureBeat - Jan. 21 -
Where Has the College Football and N.F.L. Postseason Competition Gone?
“No one can be sitting there and going, ‘You want these blowout games,’” ESPN analyst Scott Van Pelt said.The New York Times - Jan. 18 -
EU Competition Chief Denies Reassessment of Big Tech Probes
The European Commission’s new chief competition enforcer pushed back against concerns that the regulator might weaken its efforts to curb Big Tech companies in the bloc ahead of U.S. ...The Wall Street Journal - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - Jan. 15 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - Jan. 13 -
L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say
An estimate puts wildfire losses so far between $135 billion and $150 billion.Inc. - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
These will be the most competitive housing markets in 2025, Zillow report predicts
The hottest housing markets this year are predicted to be on the East Coast, according to a new report.The Hill - Jan. 7 -
U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital ...The Wall Street Journal - Jan. 7 -
Trust as a Competitive Advantage
It’s a long game to build and maintain trust, involving partnership and strong relationships.Inc. - Jan. 6 -
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Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3