Search results for earnings per share
Finance
KOSPI faces rebound test as Samsung Electronics and SK Hynix shareholder returns in focus
South Korea\'s stock market will test the scope for a rebound this week as investors weigh the U.S. Federal Open Market Committee meeting and major earnings at home and abroad. With doubts persisting about the profitability of AI investment, semiconductor results and future investment plans are expected to shape sentiment. SK Hynix reports third-quarter earnings on Oct. 28 and Samsung Electronics releases final third-quarter figures on Oct. 29, with attention on HBM demand, capex and shareholder returns.
AI & Enterprise
Meta shares fall 6 percent on free cash flow deficit from AI spending
Meta shares fell about 6 percent on Oct. 22 after it posted a $2.12 billion third-quarter free cash flow deficit and raised the low end of its annual capital expenditure forecast, CNBC reported. Meta projected full-year capital spending of $135 billion to $145 billion. Credit markets also grew more cautious, with the spread on Meta’s 5-year credit default swaps rising to a record high. Third-quarter revenue rose 26 percent to $64.6 billion.
Industry
SpaceX swings to profit in Q3, shares surge as Tesla merger talks add uncertainty
SpaceX posted a third-quarter net profit of $4.4 billion, reversing losses a year earlier and in the previous quarter, as revenue rose 161% to $14.58 billion. The stock rose 9.66% in premarket trade. Non-operating items boosted net profit above operating profit. Elon Musk said shareholders asked independent committees at SpaceX and Tesla to review a possible merger, though no deal is agreed.
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Mobility
Tesla deliveries beat estimates but revenue flat, profit seen down 10 percent
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AI & Enterprise
SpaceX returns to profit in Q3 as revenue jumps to $14.5 billion
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AI & Enterprise
JPMorgan withdraws negative call on Intel, upgrades to neutral from underweight
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Finance
Morgan Stanley sets record $9.1 billion in wealth management revenue
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Crypto
Tom Lee, who controls 4.9% of global ETH supply, is also optimistic on U.S. small caps
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Finance
KOSPI rises for first time in four sessions on semiconductor gains, nears 7,000
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AI & Enterprise
Micron quarterly results nearly quadruple on AI boom, HBM demand outstrips supply
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Industry
Micron posts fourth-quarter revenue of $54.23 billion, up 31 percent from prior quarter
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Industry
Micron shares slip in premarket ahead of earnings, Wall Street raises price targets
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Finance
Korea stock outlook: KOSPI eyes U.S. inflation, Micron earnings after holiday
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AI & Enterprise
AMD joins $1 trillion club, speeds up chase of Nvidia on AI chips
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AI & Enterprise
Zscaler shares jump after fourth-quarter results and guidance top estimates on AI security demand
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Finance
Will the KOSPI settle above 7,000 after roller-coaster moves? September outlook
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AI & Enterprise
Okta shares jump 15 percent after strong fiscal Q2 results, raises annual forecast
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Industry
Nvidia Q2 net profit $59.7 billion, up 126 percent year on year