Siemens earnings beat estimates on strong demand for electrification, software
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook. Source link
Read More
Earnings Announcements
Beyonce, PlayStation games help Sony post a 10% jump in profits
Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations. Source link
Read More
Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline in revenue in the first
Read More
Societe Generale’s investment bank limits first-quarter profit plunge
Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday. Source link
Read More
Lego revenue grows 2% in 2023, as CEO hails ‘very, very strong’ U.S. progress
Toymaker Lego on Tuesday released its full-year 2023 results, saying it's revenue grew by 2% throughout the year, in line
Read More
Snowflake shares drop 19% on CEO’s retirement, weak guidance
Shares of Snowflake dropped 19% in Thursday morning trading, a day after the cloud software company announced that billionaire CEO
Read More
NatWest reports profit rise amid fallout from Farage fiasco
NatWest reported a jump in first half profit on Friday, as it battles to contain the fallout from a clash
Read More
BT reiterates 2024 outlook on cost control and broadband demand
BT Group reiterated its full-year outlook on Thursday as cost control and demand for broadband helped to offset inflationary pressures.
Read More
Tech’s new business model: ‘Do more with less’
Technology companies are focused on continuing to drive down costs while reminding Wall Street that they're still investing in AI
Read More