forecasts
Investing.com — Cranswick (LON:) in a statement on Tuesday said it expects its annual profit to align with market expectations following a robust performance during the festive trading period. Shares of Cranswick were up 2.4% at 05:46 ET (10:46 GMT). The company, which specializes in pork and poultry products, reported…
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines (NYSE:) said on Friday it expects 2025 to be the most profitable year in the company’s 100-year history, thanks to robust demand for premium travel as well as the industry’s improved pricing power. The U.S. carrier also reported a higher-than-expected…
By Arsheeya Bajwa and Zaheer Kachwala (Reuters) -Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years. Shares of the Palo Alto, California-based company were up 14% in aftermaket trade after CEO Hock Tan told…
Sirius XM Holdings Inc. (NASDAQ:) is set to open lower as the company’s revenue projection for 2025 fell short of market expectations. The satellite radio company anticipates revenues of $8.5 billion, which is below the consensus estimate of $8.7 billion. Consequently, shares have decreased by 3.7%. The company has outlined…
By Max A. Cherney, Deborah Mary Sophia SAN FRANCISCO (Reuters) -Chip designer Arm Holdings (NASDAQ:) on Wednesday forecast revenue in line with Wall Street targets, sparking a 4.5% drop in shares that some analysts attributed to dashed hopes for stronger, AI-fueled growth. Bets that Arm, which licenses its designs, will…
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had “a lot of work to do.” The chipmaker’s shares jumped more than 7% in extended trading, paring back…
By Deborah Mary Sophia, Aditya Soni and Anna Tong (Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep pace with capacity constraints at its data centers. Shares of the Redmond, Washington-based…
By Dave Graham ZURICH (Reuters) -UBS Group posted third-quarter profit that was almost double expectations, reducing costs and boosting revenues and said it had completed the first wave of client migrations from Credit Suisse since acquiring its old rival last year. Net profit attributable to shareholders at Switzerland’s largest bank…
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper its ability to meet strong demand for AI chips, while the PC market grows more slowly than some investors expected. Shares of the Santa Clara,…
Multiple Disney World employees told BI about their disappointment with how the company handled Milton.Cash-strapped employees felt pressured to work well into the afternoon as weather forecasts looked increasingly dire.A Disney spokesperson said, in part, “Safety is always our first and most important factor when making decisions.” Rain began falling…
