Tag:

Profit

AI boom boosts Roper Technologies earnings forecast

Roper Technologies has raised its full-year profit forecast for 2026, citing strong demand for its software products as artificial intelligence adoption continues to accelerate across industries.

23 Apr 2026-17:15
SK hynix hits record profit on AI chip demand

Chipmaker SK hynix reported on Thursday that its net profit surged by nearly 400 percent year-on-year to a record level in the first quarter, driven by the ongoing artificial intelligence boom that continues to fuel demand for advanced chips despite concerns over potential disruptions from the Middle East conflict.

23 Apr 2026-09:34
UnitedHealth shares surge after profit beat, outlook hike

UnitedHealth Group reported quarterly earnings on Tuesday that exceeded Wall Street expectations and raised its full-year profit forecast, as the company kept costs under control and benefited from improved government payments for its health insurance operations.

21 Apr 2026-16:14
AI boom drives up costs, Ericsson misses forecasts

Ericsson reported first-quarter profit slightly below expectations as rising semiconductor costs, driven by surging demand for artificial intelligence, put pressure on margins.

17 Apr 2026-09:35
Kering targets profit margin boost amid Gucci slump

Kering, the owner of Gucci, has announced plans to double its recurring operating profit margin as part of a broader strategy to revive growth after a period of underperformance.

16 Apr 2026-09:57
TSMC eyes record profits amid AI chip boom

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest producer of advanced artificial intelligence chips, is expected to post a fourth straight quarter of record earnings, with net profit for January–March projected to jump by 50% amid strong demand for AI infrastructure.

16 Apr 2026-08:48
Microsoft call buyer scores 13% gain on same day

The buyer who accepted the $8.90 offer for 10,013 Microsoft (MSFT) Aug-26 450 calls yesterday at 10:09 ET, when shares were trading at $377.74, made notable profits.

14 Apr 2026-18:59
Citi profit jumps 42% as trading boom lifts earnings

Citigroup reported a 42% jump in first-quarter profit, driven by heightened market volatility that boosted trading activity and strong performance in investment banking.

14 Apr 2026-16:32
Tokyo stocks slip on profit-taking, Iran ceasefire concerns

Tokyo shares declined on Thursday as investors moved to secure profits after the previous day’s rally, while uncertainty lingered over the sustainability of the United States-Iran ceasefire.

09 Apr 2026-13:28
Samsung forecasts record Q1 profit amid AI-driven chip boom

Samsung Electronics is set to report a record first-quarter operating profit, nearly six times higher than the same period last year, driven by soaring memory chip prices fueled by the AI boom.

03 Apr 2026-12:47