Nvidia bets $25 billion that AI boom is far from over
By Stephen Nellis and Max A. Cherney Nvidia's CEO Jensen Huang said he expects the artificial intelligence boom
1970-01-01 08:00
Insurer AIA posts 37% rise in first-half new business value
Asia-focussed insurer AIA Group Ltd on Thursday reported a 37% rise in its first-half new business value on
1970-01-01 08:00
Qantas posts record annual earnings on resilient travel demand
Australia's Qantas Airways Ltd posted a significant turnaround in its profit on Thursday, underpinned by a continued strong
1970-01-01 08:00
Snowflake beats quarterly estimates on strong demand for data management services
Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management
1970-01-01 08:00
Nvidia's forecast adds fuel to rally in AI tech stocks
By Noel Randewich Nvidia's strong quarterly revenue forecast delivered on Wall Street's high expectations on Wednesday, sparking gains
1970-01-01 08:00
Air New Zealand swings to annual profit, declares special dividend
Air New Zealand on Thursday recorded a large annual profit and announced its first dividend in more than
1970-01-01 08:00
Nvidia forecasts third-quarter revenue above Wall Street expectations
(Reuters) -Chip designer Nvidia forecast third-quarter revenue above Wall Street targets on Wednesday, boosted by soaring demand for its chips
1970-01-01 08:00
Analog Devices' fourth-quarter forecasts disappoint as consumer demand weakens
Analog Devices forecast fourth-quarter revenue below Wall Street targets on Wednesday, in a sign that the chip industry
1970-01-01 08:00
Abercrombie & Fitch lifts sales forecast as fresh clothing styles draw shoppers
(Reuters) -Abercrombie & Fitch raised its forecast for annual sales on Wednesday, betting that newer styles at its Abercrombie label
1970-01-01 08:00
Bath & Body Works sees steeper sales drop on slowing demand
Bath & Body Works on Wednesday warned of a steeper decline in annual sales as Americans deferred purchasing
1970-01-01 08:00
Peloton forecasts first-quarter revenue below estimates on waning demand
Peloton Interactive on Wednesday forecast first-quarter revenue below Wall Street estimates as a shift in consumer spending toward
1970-01-01 08:00
Kohl's beats estimates for quarterly profit
Kohl's Corp beat quarterly profit estimates on Wednesday, as leaner inventories, lower costs and fewer discounts helped the
1970-01-01 08:00