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Financial results

The slowing EV transition in the US have complicated the outlook for South Korean battery makers already grappling with US tariffs and fierce Chinese competition.

Telcos, Media & Tech

LG Energy profit misses estimates as slow EV demand hits

The company has been accelerating its expansion into the fast-growing energy storage market

For 2026, Samsung has announced plans to spend over US$70 billion in production capacity expansion and research.

Telcos, Media & Tech

Samsung profit surges past estimates on AI memory chip demand

Chipmakers are enjoying an unprecedented rise in demand for the high-bandwidth memory essential to AI accelerators

Maintaining a brisker pace of EV sales will be critical for Tesla as it takes a more spendthrift approach to capital expenditures.

Transport & Logistics

Tesla quarterly deliveries set record, but firm’s shares down 7.5% despite positive result

It delivered 480,126 vehicles worldwide in the second quarter, a 25% jump from the year-earlier period

The results reflect a US$703.5 million impairment recognised in FY2025, which was tied to its US unit, Del Monte Food Holdings.

Companies & Markets

Del Monte Pacific back in the black, but remains in net capital deficit of US$589 million

It posts US$10 million Q4 profit but collapse of US unit leaves current liabilities exceeding current assets by US$787 million

Excluding a one-off restructuring cost of 679 million Swedish crowns related to organisational changes, operating profit rose 11%.

Companies & Markets

H&M reports Q2 profit miss as tighter inventory hit sales

Operating profit was flat year on year at 5.91 billion Swedish crowns (S$786.7 million)

Shares of Top Glove have risen 15.5% so far in 2026.

Consumer & Healthcare

Top Glove quarterly profit surges 138% on cost control measures

The company benefits from a diversified supplier network across multiple countries

Oracle reported total revenue of US$19.18 billion for the fourth quarter.

Telcos, Media & Tech

Oracle’s AI spending blows past estimates, raising worries over growing debt

Analysts highlight investor concerns over rising debt and negative free cash flow

In recent years, VinFast has shifted focus to South-east Asia and India, targeting high-population markets, though it did not provide a sales breakdown by geography.

EV maker VinFast’s revenue jumps on South-east Asian demand, but loss widens

Electric vehicle sales remain sluggish in the United States and some other countries

Tiger Brokers now has 1.28 million funded accounts, having added 28,900 in Q1.

Companies & Markets

Tiger Brokers’ parent UP Fintech swings into Q1 loss of US$26.9 million on penalty from China probe

The group is putting up to US$50 million towards a year-long share buyback programme

More than 95% of Seatrium's net order book comprises "series-build" projects.

Companies & Markets

Seatrium eyes S$28 billion in project opportunities amid global race for energy security

The company’s order book stands at S$15.5 billion as at end-March

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