Profit Forecast
3 stories
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financeVerizon Surpasses Expectations, Boosts Annual Profit Forecast on Subscriber Growth
Verizon raises annual profit forecast after first-quarter wireless subscriber gains, signaling a successful turnaround strategy and potential for AI infrastructure revenue.
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financeSamsung's Profit Skyrockets on AI Memory Chip Demand
Samsung Electronics forecasts a massive surge in first-quarter operating profit, driven by booming demand for AI memory chips and rising prices.
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financeAkamai Warns of Lower Profit Amidst Memory Chip Crunch
Akamai Technologies forecasts a dip in first-quarter profit due to rising memory chip costs driven by AI infrastructure demand, impacting its stock.