Tag: growth
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Nvidia rises after signaling longer AI spending runway
Aug 27 : Nvidia shares rose about 6 per cent before the bell on Thursday as investors embraced the chipmaker’s strong long-term outlook, betting that a global race to build AI infrastructure will fuel years of rapid growth despite concerns about supply bottlenecks and financial ties with customers.The world’s
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Intuit’s annual forecast falls short of estimates as it prioritizes customer growth
Aug 25 : Intuit forecast annual revenue below Wall Street expectations on Tuesday, as the TurboTax maker said its push for customer growth and market-share gains would weigh on near-term sales.Shares of the California-based company, which have fallen more than 44 per cent so far this year, were down 13 per ce
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Sonova unveils new AI-powered hearing-aid platform to support growth targets
Aug 24 : Sonova launched its third hearing-aid platform utilising real-time AI on Monday, its latest effort to strengthen its position in a market that relies on rapid technology upgrades to shorten replacement cycles and attract first-time users.The Swiss company was the first one to roll out a hearing aid t
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L’Oreal, Estée Lauder: India’s Gen Z are driving up a mega boom in its beauty market
E-commerce, rising income levels and the world’s largest youth population are fuelling India’s beauty boom.
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Japan Q2 growth misses forecasts on weaker spending, investment
TOKYO: Japan’s economy grew at a slower-than-expected pace in April-June, government data showed on Monday (Aug 17), as lacklustre household spending and business investment partly offset the impact of strong exports.Gross domestic product rose 1.1 per cent increase in annualised terms, missing a median marke
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Analysis:AI-driven surge in bond yields could be next risk for markets and growth
LONDON, Aug 14 : Market gauges of inflation-adjusted borrowing costs have shot to their highest in more than a decade across major economies as AI companies and governments ramp up bond sales, raising risks for stock markets and the world economy.Real yields are the returns that a bond investor demands above
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Sandisk forecasts mid-to-high-teens revenue growth through 2030
Aug 13 : Sandisk on Thursday said it expects revenue to grow at a mid-to-high-teens percentage rate from fiscal years 2028 to 2030, encouraged by strong demand amid rapid AI infrastructure buildout.The company said the projection is in line with growth in the amount of storage capacity it produces, a metric t
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Thailand’s second-quarter growth seen slowing sharply as weak consumption weighs: Reuters poll
BENGALURU, Aug 13 : Thailand’s economic growth likely slowed sharply in the second quarter, while the economy contracted on a quarterly basis, a Reuters poll of economists showed, as subdued household consumption offset support from exports and private investment. Southeast Asia’s second-largest economy like
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Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO
HONG KONG/LONDON, Aug 12 : Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag.Five investors who attended presentations o
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Philippine economy posts slowest growth in five years in second quarter
MANILA, Aug 7 : The Philippine economy grew at its weakest annual pace since 2021 in the second quarter due to a slump in construction and softer domestic demand, but the government said there were some signs that activity may improve in the second half of the year.Growth slowed to 2.3 per cent in the…
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