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Keywords: Revenue forecast
Italian braking systems manufacturer Brembo has upgraded its financial outlook for the year, citing stronger-than-expected resilience despite recent global supply chain disruptions linked to geopolitical tensions. The company now anticipates a 3% increase in annual revenue at constant exchange rates,......
Aixtron SE has raised its revenue forecast for 2026 after stronger-than-expected demand in the optoelectronics sector boosted its business outlook. The German chip systems supplier now expects annual revenue of around €560 million, compared with its previous projection of €520 million, with......
U.S.-listed shares of Arm Holdings rose nearly 12% in premarket trading Wednesday after the chipmaker announced projections of billions in annual revenue from its new artificial intelligence (AI) data-center chip. Traditionally known for licensing its designs to companies such as Nvidia and Qualcomm,......
Amazon chief executive Andy Jassy said artificial intelligence could help Amazon Web Services reach 600 billion dollars in annual revenue within the next decade, significantly raising his earlier forecast, according to remarks reported by Reuters. Speaking at an internal company meeting, Jassy said......
Amazon's stock took a significant hit as concerns over its cloud computing division and a weaker-than-expected sales forecast led to a sharp decline in investor confidence. Following the release of its fourth-quarter earnings report, Amazon's shares dropped by up to 5% in after-hours trading,......