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Tag: forecast

Wolfspeed shares sink on going-concern fears, slowing EV sales hit annual revenue forecast
Posted in Business

Wolfspeed shares sink on going-concern fears, slowing EV sales hit annual revenue forecast

Estimated read time 2 min read
Posted on May 9, 2025
by Joelgalvan

(Reuters) -Chipmaker Wolfspeed’s shares fell 23% on Friday after it raised going-concern doubts and forecast weaker-than-expected annual revenue as it…

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Peloton raises 2025 revenue forecast, counts on video subscriber growth
Posted in Business

Peloton raises 2025 revenue forecast, counts on video subscriber growth

Estimated read time 2 min read
Posted on May 8, 2025
by Joelgalvan

(Reuters) -Fitness company Peloton Interactive raised its 2025 revenue forecast on Thursday, banking on an increase in subscriptions for its…

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Datadog lifts annual revenue forecast on AI-driven cloud security demand
Posted in Business

Datadog lifts annual revenue forecast on AI-driven cloud security demand

Estimated read time 2 min read
Posted on May 8, 2025
by Joelgalvan

(Reuters) -Cloud security firm Datadog raised its annual revenue forecast and beat the estimate for quarterly sales on Tuesday, thanks…

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Weather forecast for the upcoming race at Kansas Speedway
Posted in Sports

Weather forecast for the upcoming race at Kansas Speedway

Estimated read time 3 min read
Posted on May 7, 2025
by Joelgalvan

The 2025 AdventHealth 400 is officially back, and fans are in for a high-octane 12th stock-car racing weekend of the…

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Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and ‘Short-Lived’ Uncertainty
Posted in Business

Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and ‘Short-Lived’ Uncertainty

Estimated read time 6 min read
Posted on May 2, 2025
by Joelgalvan

Wyndham has lowered its revenue projections for the year following weaker-than-expected travel demand in March. But executives say recent softness…

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Quanta beats quarterly profit estimates, raises annual profit forecast
Posted in Business

Quanta beats quarterly profit estimates, raises annual profit forecast

Estimated read time 1 min read
Posted on May 2, 2025
by Joelgalvan

(Reuters) -Energy contractor Quanta Services beat first-quarter profit estimates and raised its annual forecast on Thursday, aided by sustained strength…

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Meta boosts capex forecast in push to be an ‘AI leader’
Posted in Business

Meta boosts capex forecast in push to be an ‘AI leader’

Estimated read time 1 min read
Posted on April 30, 2025
by Joelgalvan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Norfolk Southern reaffirms annual forecast, tops first-quarter revenue estimates
Posted in Business

Norfolk Southern reaffirms annual forecast, tops first-quarter revenue estimates

Estimated read time 2 min read
Posted on April 24, 2025
by Joelgalvan

By Anshuman Tripathy (Reuters) -U.S. railroad operator Norfolk Southern reaffirmed its annual forecast after topping first-quarter revenue estimates on Wednesday,…

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Germany downgrades 2025 growth forecast to zero
Posted in Business

Germany downgrades 2025 growth forecast to zero

Estimated read time 2 min read
Posted on April 24, 2025
by Joelgalvan

Stay informed with free updates Simply sign up to the German economy myFT Digest — delivered directly to your inbox.…

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Moody’s cuts profit forecast on market volatility after solid first quarter
Posted in Business

Moody’s cuts profit forecast on market volatility after solid first quarter

Estimated read time 2 min read
Posted on April 23, 2025
by Joelgalvan

(Reuters) -Moody’s reported higher first-quarter profit on Tuesday, on strong momentum in its analytics unit and a pickup in bond…

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