Business
Netflix misses Q3 earnings targets due to tax dispute in Brazil
Netflix missed Wall Street’s third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax…
Tag
earnings
Culture
LISTEN: Box Office: ‘Black Phone 2’ Connects for Blumhouse in a Record Year for Horror; Q3 Earnings Preview for Netflix, Disney and More
On today’s episode of “Daily Variety” podcast, in our Box Office segment, Variety’s Rebecca Rubin explains why “Black Phone 2” made a…
Business
US: Wall Street opens flat as investors assess earnings for direction
Wall Street’s main indexes opened flat on Tuesday (Oct 21), as investors assessed a wave of quarterly earnings from corporate majors. At…
Business
Wall Street hovers near records ahead of earnings, inflation data this week
Stocks are climbing on Wall Street Monday and pulling near their records following last week’s roller-coaster ride. The S&P 500 rose 1%…
Business
US: Stocks rise to open big earnings week
WALL Street stocks rose early Monday (Oct 20) as markets looked ahead to a heavy week of corporate earnings and monitored the positioning…
Business
S-Reits expected to deliver stable Q3 earnings on easing debt costs
More Singapore-listed real estate investment trusts are expected to deliver year-on-year DPU growth helped by a decline in average…
Business
US: S&P 500 ends higher after strong bank earnings, chip stocks rally
THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors…
Business
US: Wall Street closes lower, pausing record-setting rally as earnings approach
US stocks ended in negative territory on Thursday (Oct 9) as investors, left with no economic data or any sentiment-swaying catalysts,…
Business
ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices
EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative…
Business
Cracker Barrel CEO Julie Masino addresses logo controversy again; stock price drops after earnings
Cracker Barrel reported earnings Wednesday for the first time since the company ignited a cultural firestorm by revealing a modern rebrand…
Business
Hong Leong Asia closes up 2.9% as UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As…
Business
Trump says companies should report earnings every six months
President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a…
Business
Oracle stock is soaring today despite an earnings miss and recent layoffs. Its CEO thanks a ‘who’s who of AI’
Oracle Corp. started September by making headlines for layoffs. Then, on Tuesday, September 9, it reported first-quarter financial results…
Business
Lululemon Stock Analysts See Lost ‘Year’ of Earnings, ‘Show Me’ Story
Lululemon Athletica Inc. has been re-rated on Wall Street. Blame a slow-to-come turnaround in the U.S., worries over China or a much…
Business
Australian shares post best August in 16 years as earnings season ends
The Australian benchmark notched its best August performance in sixteen years on Friday (Aug 29) as the corporate earnings season wrapped…
Business
Europe: Stoxx 600 closes lower; investors assess Pernod Ricard, Nvidia earnings
EUROPE’S Stoxx 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and…
Business
Journeys’ Parent Genesco Raises Full-Year Guidance After Q2 Sales Growth
Journeys’ parent company Genesco Inc. is raising its full-year guidance after reporting sales growth in the second quarter. According to…
Business
Asia: Markets mixed after Nvidia earnings
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries…
Business
Kohl’s tops earnings estimate and raises full year outlook, shares soar
Kohl’s shares are soaring again—and this time it’s not just a meme stock. The department store chain’s shares surged on Wednesday as the…
Business
US: Wall St opens muted in countdown to Nvidia earnings
Wall Street’s main indexes opened flat on Wednesday (Aug 27) as investors awaited AI leader Nvidia’s results, which are expected to test…
Business
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US…
Business
Asia: Markets diverge with eyes on Nvidia earnings
ASIAN markets diverged on Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US…
Business
Are sell-offs at Sembcorp, ST Engineering and SIA after their earnings reports a harbinger of doom?
The recent reporting season has been something of a reality check for bullish investors in the Singapore market, with a number of…
Business
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…