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4 stories related to this topic, newest first.
Mucber / Wikimedia (CC BY-SA 4.0)Infineon Technologies Forecasts Current-Quarter Revenue Beating Analysts' Expectations
German chipmaker Infineon Technologies has forecasted revenue for the current quarter that exceeds analysts' expectations. The company attributes this to benefits from a spending boom in artificial intelligence infrastructure. This outlook reflects recent trends in AI-related inv…
upi.comSaks Forecasts $85 Million Adjusted EBITDA for Fiscal Year Ending January 2027
Saks is projecting $85 million in adjusted EBITDA for its current fiscal year, which ends in January 2027. The company also expects to return to peak sales levels in fiscal 2027 and 2028. These forecasts come from the Saks CEO, as reported by @FirstSquawk.
thesouthafrican.comStarbucks Shares Rise 10% After Company Raises Annual Forecast
Starbucks shares increased by 10% following the company's decision to raise its annual forecast. The adjustment was made under CEO Brian Niccol and reflects recent operational developments. The company is recognized as the world's largest coffee chain.
thegoodinvestors.sgThe a2 Milk Company Forecasts Reduced Interest Income and Capital Expenditure for Fiscal Year 2026
The a2 Milk Company announced its outlook for fiscal year 2026, projecting low to mid double-digit revenue growth and an EBITDA margin of 14.0% to 14.5%. Net profit after tax is expected to be comparable to or below fiscal year 2025 levels. Capital expenditure is anticipated at N…