Business
Sandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature Digital storage company Sandisk’s…
Tag
Quarter
Business
German central bank predicts only slight growth in first quarter
A stele with the inscription "Deutsche Bundesbank Eurosystem" stands in front of the Bundesbank headquarters. Arne Dedert/dpa The German…
Politics
California has lost more than a quarter of its immigration judges this year
WASHINGTON — More than a quarter of federal immigration judges in California have been fired, retired or quit since the start of the Trump…
Business
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in…
Business
Palmer Luckey's Anduril leads second quarter surge for venture capital in greater L.A.
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year…
Business
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its…
Business
Australia job vacancies bounce 2.9% in May quarter, ABS data shows
SYDNEY (Reuters) -Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors,…
Business
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say…
Business
Lenovo reports 64% profit decline in fourth quarter
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in…
News
BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on…
Business
US: Wall Street tumbles at the open as US economy contracts in first quarter
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the…
Fashion
Kering sales drop more than expected in first quarter as Gucci crisis deepens
The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible…
Business
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says German…
Business
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li says China’s Nio said on Tuesday (Apr 22) it would…
Business
Apple’s China smartphone shipments slide 9% in first quarter
The government subsidies for smartphones and some other consumer electronics refund consumers 15 per cent of products with a sticker price…
Business
Netflix logs record profit in quarter, withholds user data
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of…
Business
BYD enjoys yet another blockbuster quarter as Tesla flounders
China’s BYD enjoyed a strong start to 2025, with sales up 58 per cent in the first quarter versus the same period of last year. The…
Politics
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
Business
Coinbase sees worst quarter since FTX fell as crypto slides
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy…
Business
Nike sales beat estimates in new CEO’s first full quarter
CEO Elliott Hill is attempting to guide the company back to growth after a difficult year of falling sales and corporate layoffs Nike’s…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new…
Business
Levi’s bleak 2025 profit forecast after strong holiday quarter hits shares
LEVI Strauss forecast annual profit well below analysts’ estimates, taking a cautious stance despite a strong holiday quarter and sending…