Business
Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking…
Tag
estimates
Business
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as…
Business
Broadcom earnings top estimates after AI fuels sales growth
BROADCOM, a chip supplier for Apple and other big tech companies, posted better-than-expected profit in the fourth quarter after…
Business
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments…
Business
Oracle misses quarterly results estimates on stiff cloud competition
ORACLE missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday (Dec 9), hit by stiff competition and…
Politics
Ukraine estimates environmental damage of 1,000 days of war at $71 bn
The war in Ukraine has left tens of thousands of people dead, destroyed homes and created millions of refugees, but it has also caused…
News
Land routes across Africa are twice as deadly for migrants as Mediterranean voyages, UN estimates
GENEVA (AP) — The United Nations and partners say more migrants and refugees in Africa are heading northward toward the Mediterranean and…