Tag: earnings
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Shares slip as bond bashing rumbles on
LONDON/SYDNEY, Oct 8 : Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.Wall Street looked set for a bumpy start as the US 10-year
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PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi’s North American business continues to lag behind its international markets.
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Samsung flags US$80 billion profit on AI boom, highest quarterly for any tech company
Samsung Electronics has estimated a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.
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Oil price volatility tops list of earnings risks for Japan firms – Reuters survey
TOKYO, Oct 8 : Volatility in the global crude oil market tops the list of major risks for Japanese companies, followed by foreign exchange fluctuations and rising interest rates, a Reuters survey showed on Thursday.The US-Israeli war on Iran, which began on February 28, has constrained crude oil supply, sent
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Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
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Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.
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Here comes third-quarter earnings season. Booming profits could propel the S&P 500 to new heights
Third-quarter earnings season kicks off this week and as results roll in they should reveal what the market is eagerly anticipating: blockbuster profits.
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Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
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Stocks making the biggest moves midday: Goldman Sachs, Webull, Worthington Steel, Micron & more
These are the stocks posting the largest moves midday.
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Lucid’s Q3 deliveries fall 6.7% as EV maker cuts production to align with demand
Lucid delivered 3,806 EVs and produced 2,954 units during the third quarter. That compared to 4,078 deliveries on production of 3,891 EVs a year earlier.
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