Profit guidance
Honda forecasts profit recovery after first ever annual loss
Almost one in three motorcycles sold globally carries the carmaker badge
AI growth pushes Alphabet closer to overtaking Nvidia as world’s biggest company
The gap between the two has narrowed considerably over the past six months
Anthropic’s CEO says it could grow by 80 times this year
The company is one of the world’s leading AI startups with its Claude chatbot and its popular AI coding tool, Claude Code
Arm forecasts higher-than-expected revenue on surging AI data centre demand
The company generates revenue by licensing its technology to companies such as Nvidia and Apple
AMD forecasts quarterly revenue above expectations as AI chip demand stays strong
Unlike Intel, the company outsources its manufacturing to contract chipmakers such as TSMC
Samsung’s chip profit soars 48-times due to AI spending frenzy
The results reflect massive spending by hyperscalers, with both Meta Platforms and Alphabet planning to plough even bigger sums into AI infrastructure
Meta shares plunge on escalating concerns over AI spending spree
The company has announced billion-dollar deals with Nvidia, Advanced Micro Devices and Broadcom for chips and other hardware
Nomura stock hit after research affiliate writedown, Europe loss
The coming quarters may provide a test for CEO Kentaro Okuda as the Iran war puts a strain on the global economy
L’Oreal sales rise on demand for haircare and fragrances
The US beauty group has seen its shares tumble since confirming talks with Spain’s Puig Brands last month over a possible combination
LVMH sales disappoint as Middle East war crimps Dior demand
There are signs that the more exclusive brands are holding up better during the slump
