Tag: growth outlook
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Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Oct 1 : Synopsys shares jumped 10 per cent on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts’ estimates and unveiled deals with OpenAI and Amazon Web Services.At its investor day in New York on Wednesday, the company outlined a long-term growth outlook tha
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HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
Sept 30 : Hewlett Packard Enterprise on Wednesday raised its long-term revenue growth forecast for its networking business, driven by the AI boom and announced a $1.2 billion order to provide AMD server racks to cloud firm Vultr.Shares of HPE rose nearly 6 per cent in premarket trading, as the company hosted
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Marvell beats forecasts, shares slip as growth outlook underwhelms
Aug 27 : Marvell Technology forecast quarterly revenue above estimates on Thursday, but failed to meet lofty investor expectations after a sharp AI-fueled rally in its shares. The Santa Clara, California-based company’s shares fell nearly 3 per cent in extended trading. They have nearly tripled in value so fa
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Japan cuts this year’s growth outlook as higher energy costs weigh
TOKYO, July 30 : Japan’s government cut its economic growth forecast for the current fiscal year on Thursday, as higher oil prices linked to Middle East tensions squeeze household spending and corporate profits.In its mid-year estimates, the Cabinet Office projected inflation-adjusted gross domestic product (
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