Adobe raises full-year revenue forecast on robust software demand
Photoshop maker Adobe raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools
June 28, 2024Photoshop maker Adobe raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools
June 28, 2024Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, citing strong earnings growth by five mega-cap U.S. tech stocks and a higher fair value price-to
June 28, 2024Nvidia has become the world’s most valuable company following a staggering rally in its shares, underlining the outsized role investors expect artificial
July 01, 2024Kroger on Thursday struck a cautious tone on consumer spending in the near term as it reaffirmed its full-year same-store sales and profit forecasts despite topping first-
July 02, 2024Cheerios cereal maker General Mills forecast annual profit below estimates on Wednesday and posted a bigger-than-expected drop in quarterly sales hurt by lower demand
June 26, 2024By Harshita Mary Varghese and Max A.
June 26, 2024Jefferies Financial on Wednesday beat analysts' estimates for second-quarter profit as the bank earned higher fees from advising on deals as well as
June 26, 2024H&M cast doubt over its full-year profit margin target on Thursday after missing quarterly earnings forecasts and predicting a fall in June sales, sending shares
June 27, 2024Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results
June 27, 2024French food caterer Sodexo reported slower quarterly sales growth on Tuesday, missing market forecasts, citing a slowdown in China and a change in how it recognises revenues from a large
July 02, 2024Corona beer maker Constellation Brands on Wednesday beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines
July 03, 2024Samsung Electronics estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by
July 04, 2024Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia will be tested in coming weeks as investors learn whether profit growth from other
July 05, 2024Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major's second-quarter earnings.
July 08, 2024ASML shares briefly crossed the 1,000 euro ($1,084.30) mark for the first time on Monday, an all-time high, following positive research notes on top customer TSMC ahead of both
July 08, 2024French software company Dassault Systemes cut its full-year earnings target on Tuesday, sending shares lower, as it warned that customers were being cautious with spending and were delaying
July 09, 2024Some of the largest U.S. banks will probably report weaker profits for the second quarter as they earn less from interest payments and set aside
July 09, 2024Shares in luxury carmaker Porsche AG rose 3.9% and were among the biggest gainers in Frankfurt's blue-chip DAX index on Wednesday after positive brokerage comments
July 10, 2024The Japanese operator of fashion giant Uniqlo on Thursday raised its forecast for what would be its third consecutive year of record profits, buoyed by strong sales at
July 11, 2024PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed
July 11, 2024Delta Air Lines says its second-quarter profit is down 29% from a year earlier, and it's giving a disappointing outlook for the third quarter
July 11, 2024Delta Air Lines on Thursday said its pricing power will "significantly" improve August onwards as U.S. carriers slow down seat capacity growth in
July 11, 2024Ericsson beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to
July 12, 2024Deutsche Lufthansa slashed its 2024 earnings guidance for a second time and issued a profit warning for its second
July 12, 2024U.S. companies releasing quarterly results in the coming weeks face investors who expect no less than stellar growth, with estimates particularly high for
July 12, 2024