Latest in Forecasters Scare
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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 -
Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east
Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...World - The Guardian - October 18 -
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 -
Trump has gained in 538's forecast, but the election is still a toss-up
538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.Top stories - ABC News - October 18 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
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 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - October 23 -
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 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - October 24 -
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 -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - Financial Times - October 24 -
Election forecaster moves Nebraska Senate race slightly toward independent challenger
An election forecaster moved Nebraska’s contentious Senate race slightly toward Sen. Deb Fischer’s (R) challenger, Independent candidate Dan Osborn. Sabato's Crystal Ball shifted the Senate contest ...Politics - The Hill - October 24 -
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say
Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters sayWorld - ABC News - October 24 -
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - 2 days ago -
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 - Yesterday -
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 - 2 days ago -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - Yesterday -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - Yesterday -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - Yesterday -
October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...Business - MarketWatch - 20 hours ago -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - 13 hours ago -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - 19 hours ago -
Microsoft's stock has worst day in two years after disappointing forecast
Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.Business - CNBC - 9 hours ago -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - 8 hours ago -
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 - 11 hours ago -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - 6 hours ago -
Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
We're reiterating our 1 rating and raising our price target to $240 price target from $220.Business - CNBC - 5 hours ago