The Business Times

Profit guidance

Telcos, Media & Tech

AMD’s outlook fails to wow investors after AI-fuelled rally

Apple’s fiscal fourth quarter is typically its slowest sales period as consumers wind down buying older iPhone models and await the launch of new ones
Telcos, Media & Tech

Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates

Amazon is backing Anthropic with an investment of US$8 billion, and built the startup a massive complex of data centres and custom AWS AI chips.
Telcos, Media & Tech

Amazon reports cloud unit grew at fastest rate since 2022

US consumers are increasingly watchful about spending on dining out, as economic uncertainty and inflation squeeze budgets.
Consumer & Healthcare

Starbucks sales rebound globally, coffee prices bite margins

Under the SPV structure, Meta is not borrowing the capital itself, the financing entity is.
Telcos, Media & Tech

Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit

HSBC has been shutting its mergers and acquisition and equity underwriting operations in the US, UK and continental Europe, causing job reductions in those regions.
Banking & Finance

HSBC is bullish on 2025 despite hit from Madoff provision

Investors have worried that Netflix customers are not increasing the amount of time they spend on the service and about the potential danger of video created by artificial intelligence.
Companies & Markets

Netflix says tax dispute hurt solid quarter; shares tumble

L’Oreal’s sales growth has slowed in recent quarters, after post-pandemic inflation eased in Western markets and consumers in China curbed spending and switched to local brands in response to economic concerns.
Consumer & Healthcare

L’Oreal flags first China growth in two years but misses sales forecast

HPE is betting on networking as a major prong of its future expansion with the July acquisition of Juniper Networks for about US$13 billion.
Telcos, Media & Tech

HPE annual profit forecast misses estimate on margin crunch

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, on Oct 30.
Telcos, Media & Tech

Samsung expects highest quarterly profit in over three years, lifted by AI chip demand

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