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Tag: Forecast

05Feb

Peloton forecasts weak Q3 revenue, shares crash 25%

Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, pointing to weak demand for its fitness equipment, with shares plunging about 25% to their lowest level in about…
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23Jan

Intel misses forecast as AI server chip demand outpaces supply, shares plunge 13%

Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market ​estimates, sending shares down…
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08Jan

Samsung Forecasts 3x Profit Surge on AI-Driven Memory Chip Boom

Seoul: Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven…
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