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ASX hits new all-time high, Apple beats profit forecasts — as it happened
31 Jan 2025 09:17 GMT
9h agoFri 31 Jan 2025 at 12:07am
Market snapshot
ASX 200: +0.7% to 8,555 points (live values below)
Australian dollar: +0.1% to 62.14 US cents
S&P 500: +0.5% to 6,071 points
Nasdaq: +0.3% to 19,681points
FTSE 100: +1% to 8,646 points
EuroStoxx 50: …
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Nextracker Beats Earnings Estimates in Q3 FY25, Raises 2025 Profit Outlook
31 Jan 2025 05:59 GMT
U.S.-based solar tracker firm Nextracker has reported a net profit of $115.28 million in the third quarter (Q3) of the financial year (FY) 2025, a 178.48% year-over-year (YoY) growth from $41.4 million. Increased bookings for its tracker software drove the …
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Levi's Strauss gives bleak profit forecast for 2025
30 Jan 2025 22:50 GMT
LEVI Strauss forecast annual profit well below analysts' estimates, taking a cautious stance despite a strong holiday quarter and sending its shares down about 8 percent in extended trading on Wednesday.
The company's struggling US wholesale …
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JD Sports cuts profit forecast, blaming big fashion price cuts
30 Jan 2025 21:47 GMT
JD Sports said sales at established stores were down 1.5% in November and December. Photograph: May James/Reuters
JD Sports has cut profit expectations for the second time in eight weeks, blaming heavy discounting across the fashion market.
The …
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Here’s why Microsoft’s stock got pummeled after it beat revenue and profit forecasts
30 Jan 2025 21:36 GMT
Why is this man frowning? Microsoft CEO Satya Nadella says the impact of Chinese AI startup DeepSeek and its innovative, low-cost AI models should be good for Microsoft's bottom line. But investors are not convinced.
Dimas Ardian—Bloomberg via Getty …
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Dover delivers a rosy profit outlook. Here's our new price target on the industrial stock with AI ties
30 Jan 2025 19:22 GMT
Shares of Club name Dover jumped Thursday, as a strong profitability outlook for the year ahead outshined some blemishes in the industrial conglomerate's fourth-quarter results. The report solidified Dover's place in our portfolio. Revenue in the …
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Levi Strauss slashes 2025 profit forecast despite strong Q4
30 Jan 2025 14:36 GMT
During the Q4 ending 1 December 2024, net revenues reached $1.84bn, marking a 12% surge on a reported basis from the $1.64bn posted in the corresponding period of fiscal 2023.
This growth was accompanied by enhanced profitability in its direct-to-consumer …
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Cardinal Health lifts 2025 profit forecast on specialty drugs demand
30 Jan 2025 13:43 GMT
… raised its fiscal 2025 adjusted profit forecast as strong demand for costly …
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Wizz Air shares sink as it halves profit outlook and reports quarterly loss
30 Jan 2025 12:08 GMT
… has dramatically reduced its annual profit outlook, despite witnessing its quarterly losses …
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Fuji Media Holdings Revises Down Its Net Profit Forecast by 66%; Advertising Revenue Projected to Plummet Following Scandal
30 Jan 2025 11:23 GMT
… Thursday revised down its net profit forecast by 66.2% to ¥9 …