Tag: Earnings
European stocks close lower as interest rate outlook weighs on sentiment; Ocado up 6%
Ocado ralliesOcado online supermarket delivery van.Mike Kemp | In Pictures | Getty ImagesBritish grocery delivery from Ocado was…
Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years
Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on…
Nvidia shares close at record high after forecast signals unwavering demand for AI chips
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center…
Are consumers pulling back on spending? It depends on which CEO you ask
People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post |…
Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement…
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and…
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…
Emirates airline chalks record annual profit as travel demand booms
An Emirates Airlines planeKarim Sahib | AFP | Getty ImagesDUBAI, United Arab Emirates — Dubai-based carrier Emirates airline…
SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion
SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including…
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly…
China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
BEIJING, CHINA - DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing…
Chip designer Arm's shares plunge nearly 9% after lackluster revenue guidance
The logo of semiconductor design firm Arm on a chip.Jakub Porzycki | Nurphoto | Getty ImagesShares of British…