Tag: cent
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DBS posts record Q2 profit, raises 2026 guidance
The Singapore bank declared S$0.81 in dividends per share for the second quarter of 2026.
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Chime raises 2026 revenue forecast on robust demand, CFO to step down
Aug 5 : Chime raised its full-year revenue growth forecast above Wall Street estimates on strong demand for its digital banking products, and announced the departure of longtime Chief Financial Officer Matt Newcomb. Shares of the company were last up 8 per cent in extended trading on Wednesday. Chime a
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EBay forecasts upbeat quarterly revenue as high-value categories drive momentum
Aug 5 : EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products to bring more high-value buyers to its online marketplace.The results are the first since the company rebuffed GameStop’s about $56 b
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Chime lifts 2026 revenue forecast on robust demand, CFO to step down
Aug 5 : Chime on Wednesday raised its full-year revenue growth forecast above Wall Street estimates on strong demand for its digital banking products, and announced the departure of longtime Chief Financial Officer Matt Newcomb. The company and fellow fintechs have bloomed by attracting younger customers thro
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Shopify shares soar as forecast shows AI is boosting business, not disrupting
Aug 5 : Shopify issued a rosy third-quarter forecast on Wednesday as the company’s AI efforts draw more merchants to its suite of e-commerce services, assuaging fears over growing competition and sending its shares up more than 18 per cent. The strong outlook and a market-beating June quarter show that AI is
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Thomson Reuters lifts full-year revenue forecast with focus on AI rollout
Aug 5 : Thomson Reuters lifted its full-year organic revenue forecast on Wednesday, with CEO Steve Hasker saying that the Toronto-based content and technology company’s focus was on investing and developing AI across its portfolio.The company said last week that early results showed Thomson, a proprietary lar
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Thomson Reuters reports higher second-quarter revenue, raises full-year forecast
Aug 5 : Thomson Reuters reported a 9 per cent rise in second-quarter revenue on Wednesday, boosted by its three biggest business segments, legal, corporates and tax and accounting, and lifted its full-year organic revenue forecast to around 8 per cent.Thomson Reuters said its second-quarter revenue rose to $1
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Canada’s Shopify forecasts revenue above estimates, shares surge
Aug 5 – Canada’s Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company’s AI efforts were drawing more merchants to its suite of e-commerce services, sending its U.S.-listed shares up 26 per cent premarket. The company’s solid outlook and a second-quar
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US dollar to retain strength, yen intervention no game changer: Reuters poll
BENGALURU, Aug 5 : The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in the early 1990s. Fuelled by interventions from Tokyo and coordin
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Yen steadies after intervention, dollar near 6-week low on Mideast hopes
HONG KONG, Aug 5 : Currency markets paused for breath on Wednesday as pressure on the Japanese yen eased following recent bouts of intervention and a forceful show of U.S. support, while the dollar held near six-week lows on fresh optimism over the Middle East.The yen was slightly firmer at 157.61 per U.S. do
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