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Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 […]
Article content (Bloomberg) — Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. will post earnings soon after China is expected to sign off on what could be its biggest fiscal package to spur growth since the pandemic. They stand to be beneficiaries of any potential measures unveiled by the Standing Committee of the […]
Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. The stock jumped past $245 in early afternoon trading. It’s now up 515% this year, far outpacing all other tech companies valued at […]
e.l.f Beauty power grip primer. Courtesy: e.l.f Beauty E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading. The cosmetics retailer’s earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to […]
The Brazilian stock market experienced a turbulent day following Donald Trump’s victory in the U.S. presidential election. The Ibovespa index closed at 130,340.92 points, marking a 0.24% decline. This drop reflected investors’ concerns about potential changes in global capital flows. Trump’s policies could reduce foreign investment in emerging markets like Brazil. Despite the overall market […]
South Korean K-pop giant HYBE said its net profit basically evaporated in the third quarter and total revenue slipped 2% after after the company earned less from concerts and saw reduced music sales, according to results published on Tuesday (Nov. 5). HYBE’s net profit for the third quarter was 1.444 billion won ($1.05 million), a figure […]
PEMBROKE, Bermuda–(BUSINESS WIRE)–Maiden Holdings, Ltd. (“Maiden”) (NASDAQ: MHLD) announced it plans to release its third quarter 2024 financial results before the market opens on Tuesday, November 12, 2024. Maiden’s results will be released by posting the news release to its web site and providing public notice of the availability of the earnings release. About Maiden […]
TOKYO, Nov 04 (News On Japan) – The ‘1.03 million yen income cap’ raised by Democratic Party for the People leader Tamaki has become a pressing issue for many students and part-time workers. How are they managing the realities of this policy? The onset of end-of-year festivities has highlighted staffing issues at a busy Tokyo-based […]
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and held back from repurchasing shares. The Omaha-based conglomerate saw its […]
Cramer’s week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the […]