Financial results
Oracle shares drop the most since 2001 on mounting AI spending
The stock has already lost about a third of its value through Wednesday’s close since a record high on Sep 10
Manchester United swings into Q1 net loss as European competition absence hits revenue
The club retains its fiscal 2026 revenue forecast between £640 million and £660 million
Oracle posts weak cloud sales, raising fear of delayed payoff
The company has taken out significant sums of debt and committed to leasing multiple data centre sites
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
The group has declared a final dividend of S$0.02 per share
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
The board has declared a final dividend of 0.47 baht per share
EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries
Its losses narrow from the year-ago period, and revenue is up 16.7% on year