Earnings
Dangote Sugar shares fall 28% from peak, but valuation still raises questions
By Benson Daniel Dangote Sugar Refinery Plc is trading significantly below its 52 week high, but the decline in its share price does...
Baidu Revenue Misses as Advertising Weakness Offsets AI Growth
Chinese technology company Baidu reported weaker-than-expected revenue as a decline in its advertising business outweighed strong growth in its artificial intelligence and cloud...
Lenovo Revenue Jumps 43% as AI Infrastructure Boom Drives Growth
Chinese technology giant Lenovo reported a 43% year-on-year increase in first-quarter revenue, as strong demand for artificial intelligence infrastructure and devices boosted growth...
Motorola Solutions Raises Full-Year Forecast on Strong Public Safety Demand
Motorola Solutions has raised its full-year revenue forecast after reporting stronger-than-expected quarterly results, driven by sustained demand for its public safety communications equipment...
AMD Shares Slide as Investors Demand Bigger AI Returns
Advanced Micro Devices (AMD) shares fell after investors signaled they want stronger financial returns from the company's heavy investments in artificial intelligence, despite...
VFD Group Profit Surges to N10 Billion on Strong Investment Performance
By Benson Daniel VFD Group Plc has reported a remarkable increase in profitability, with profit after tax rising to N10 billion, driven by...
Meta Profit Miss Misses Expectations as AI Spending Drains Cash Flow
Meta Platforms reported a sharp decline in second quarter free cash flow as the company accelerated spending on artificial intelligence infrastructure, highlighting the...
Chipmakers Poised for Strong Profit Growth as Investors Look Beyond AI Boom
Global semiconductor manufacturers are expected to report another quarter of strong profit growth, driven largely by surging demand for artificial intelligence (AI) chips,...
