Tag: forecast
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Netflix co-CEO Sarandos says ‘we could do better’ after weak forecast
LOS ANGELES, Oct 20 : Netflix issued weaker-than-expected guidance for fourth-quarter profit and cut its full-year advertising forecast on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell nearly 6 per cent
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Netflix issues weak fourth-quarter forecast, shares drop
LOS ANGELES, Oct 20 : Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell more than 5 per cent to $68.69 in after-hours trading.
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Netflix issues weak fourth-quarter forecast as company seeks to kick-start growth
LOS ANGELES, Oct 20 : Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell nearly 7 per cent to $63.99 in after-hours trading. The sto
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Germany news: IMF sees stronger growth as wine harvest slumps
Germany’s economic outlook is looking a little brighter, with the International Monetary Fund almost doubling its growth forecast. However, Germany’s winegrowers are facing another disappointing harvest. DW has more.
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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost
NEW YORK, Oct 12 : The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift from the artificial intelligence boom that has helped other economies absorb the energy shock from the Middle East war.
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German economic growth forecast doubles for 2026
German research institutes have increased their prognosis for the country’s economic growth to 1.3% in 2026
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Match’s weak quarterly revenue forecast masks improving trends at Tinder
Aug 4 : Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, overshadowing signs of improvement in its struggling Tinder dating app and continued growth at Hinge, sending its shares down 9 per cent in extended trading.The weak outlook stems from the company’s Everyone Everywhere
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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics
Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong government and commercial demand for its data analytics software, sending its shares up 14 per cent in extended trading.Denver-based Palantir has increasingly been marketing military-grade AI tools to businesses
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Palantir lifts annual revenue forecast as data analytics spending booms
Aug 3 : Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients, sending its shares up 8 per cent in extended trading.Modern warfare and geopolitical uncertainty have prompted governments to invest
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Sony hikes profit forecast on gaming strength
TOKYO: Sony on Friday (Jul 31) hiked its full-year operating profit forecast by 8 per cent to 1.72 trillion yen (US$10.72 billion), citing the strength of its gaming business.The Japanese conglomerate has received plaudits for its pivot to entertainment, but the market is concerned about the impact of AI and
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