China’s spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company's domestic e-commerce sales came under pressure…
China’s retail sales rise more than expected in July, industrial production misses forecas
Igor Kutyaev China's retail sales growth picked up, rising 2.7% year-on-year in July, compared to 2% in June, pointing to…
Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses
Balderton Capital — one of the older, larger, European VCs noted for investing in Revolt and Wayve — has raised a fresh…
Obesity drugmaker Novo Nordisk misses Q2 profit forecast
By Maggie FickLONDON (Reuters) -Novo Nordisk on Wednesday posted second-quarter operating profit below expectations, raised its 2024 sales forecast but…
Magna International misses top-line and bottom-line estimates; updates FY24, FY26 outlook
2026 Outlook Assumptions 2026 Current Previous Light Vehicle Production (millions of units) North America Europe China 16.117.330.6 16.117.330.6 Average Foreign…
Bitcoin Miner Marathon’s (MARA) Share Price Tumbles After Revenue Unexpectedly Misses Wall Street’s Estimates
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UOB maintains 2024 guidance even as Q2 profit misses forecasts
SINGAPORE: United Overseas Bank (UOB) maintained earnings guidance for 2024 after posting on Thursday (Aug 1) a 1 per cent…
Microsoft sinks in after-hours trading as cloud business misses estimates in Q4 By Investing.com
Investing.com - Microsoft sinked in after-hours trading Tuesday after its fourth-quarter cloud revenue growth fell short of Wall Street estimates…
Unilever second-quarter underlying sales growth misses expectations By Reuters
(Reuters) -Unilever reported worse than expected underlying quarterly sales on Thursday after it was unable to win back shoppers it…
Tesla misses profit estimates as Elon Musk delays ‘robotaxi’ launch
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla profits…