Profit guidance
Hewlett Packard forecasts weak quarterly revenue, shares fall
Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Lower net profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes
Starbucks sales rebound globally, coffee prices bite margins
Global prices for raw arabica beans are up more than 20% this year after soaring 70% in 2024
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
The company is among the top buyers of Nvidia’s sought-after AI chips
HSBC is bullish on 2025 despite hit from Madoff provision
The firm has been undergoing a broad revamp of its businesses
Netflix says tax dispute hurt solid quarter; shares tumble
The company has expressed interest in buying some of the assets owned by Warner Bros Discovery
L’Oreal flags first China growth in two years but misses sales forecast
The company is poised to extend its lead in fragrances
