Forecast Calls - QuikReader

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

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

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.

Business - MarketWatch - November 5

Harris takes razor-thin lead in final Nate Silver forecast

Vice President Harris took a razor-thin lead against former President Trump in Nate Silver's final forecast of the 2024 election, with the veteran pollster saying the race is "literally closer than ...

Politics - The Hill - November 5

Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.

Business - The Wall Street Journal - November 6

Ozempic maker Novo Nordisk nudges higher profit forecast

Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.

Business - MarketWatch - November 6

Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.

Business - MarketWatch - November 7

CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead

Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with ...

Business - MarketWatch - November 8

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

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Plug Power disappoints with its forecast but says it’s still making progress

The clean-energy company pointed to improvement in operating cash flow and a narrowing loss, though it also cut its revenue outlook for the full year.

Business - MarketWatch - November 12

Shopify’s stock heads for best day ever on upbeat holiday forecast

A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”

Business - MarketWatch - November 12

Spotify shares pop on better-than-expected profit forecast

Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.

Business - CNBC - November 12

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 - November 14

China retail sales pick up speed, beat forecasts in October

World - Yahoo News - November 15

Shrinking GDP forecast adds to German woes after coalition collapse

European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year. Business live – latest updates Germany’s looming general election will be fought ...

World - The Guardian - November 15

Mexico ups deficit forecast as economists warn of slowing growth

Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibility

World - Financial Times - November 16

Tropical storm Sara drenches Honduras, with flash flooding and mudslides in forecast

Tropical Storm Sara has started moving slightly faster after stalling over Honduras, drenching the northern coast of the Central American nation, swelling rivers and trapping some people at home

World - ABC News - November 16

Rain and snow fronts expected before and during Thanksgiving week, forecasters say

Multiple weather fronts will push rain and snow into the Midwest, the Southeast, the mid-Atlantic and the Northeast ahead of Thanksgiving week and some of the year's busiest travel days.

Heatwave forecast for south-eastern Australia triggers energy supply and fire danger warnings

Coming hot weather prompts Australian Energy Market Operator to predict shortfall in electricity supplies for NSW and Queensland. Follow our Australia news live blog for latest updates Get our ...

World - The Guardian - November 20

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - 6 days ago

Delta expects higher profits thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - 6 days ago

Atmospheric River Shifts South: What to Expect from the Forecast

More extreme rain will fall across the region on Thursday as forecasters warn of the potential for dangerous flooding.

Top stories - The New York Times - 5 days ago

Temu Owner PDD Misses Forecasts as Revenue Growth Slows

The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.

Business - The Wall Street Journal - 5 days ago

Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand

Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”

Business - MarketWatch - 5 days ago

Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.

Business - CNBC - 5 days ago

Soggy Thanksgiving possible, with rain and snow in forecast for busy travel week

Forecasters are increasingly calling for a cold, soggy Thanksgiving week as west-to-east winter-pattern storms continued to roll across the continental landscape.

Potential winter storms forecast across the U.S. on Thanksgiving week

Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.

Blackout risk warning as scorching temperatures forecast for parts of NSW

Power supplies will become tight in New South Wales and Queensland this week, with parts of western Sydney tipped to approach 40C. Follow our Australia politics live blog for latest updates Get ...

World - The Guardian - 2 days ago

Thanksgiving forecast: Where the snow, rain is headed this holiday week

Snow is headed to the Midwest and the West ahead of Thanksgiving, while rain will target the East Coast on Thanksgiving Day.

Storm Bert: forecasters and politicians criticised after devastating floods

Critics claim warnings and defences were inadequate but Met Office says storm was ‘well forecast’. . Weather forecasters and politicians have come in for strong criticism after hundreds of homes ...