Outlook

2022 - 5 - 9

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Image courtesy of "CNA"

Taiwan April exports jump, outlook good but some clouds ahead (CNA)

TAIPEI : Taiwan's exports rose for a 22nd straight month in April, and the government said the outlook was strong due to sustained demand for chips while ...

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Image courtesy of "Barron's"

Infineon Raises 2022 Outlook on Continued Strong Demand for ... (Barron's)

German chip maker expects revenue of €13.5 billion for the full year, as demand for semiconductors remained high in a global shortage.

Adjusted earnings per share were €0.44, compared with €0.24 euros per share. Infineon Technologies stock fell on Monday, despite the German chip maker posting strong second-quarter results and lifting its full-year guidance, as demand for semiconductors remained high in a global shortage. Infineon Raises 2022 Outlook on Continued Strong Demand for Semiconductors

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Image courtesy of "The Business Times"

Taiwan April exports jump, outlook good but some clouds ahead (The Business Times)

TAIWAN'S exports rose for a 22nd straight month in April, and the government said the outlook was strong due to sustained demand for chips while also ...

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Image courtesy of "Barron's"

Coty Boosts Its Outlook. Thank Consumer Demand for Cosmetics. (Barron's)

Coty's (ticker: COTY) Chief Financial Officer Laurent Mercier cited continued demand for fragrance and makeup for the upside. For the full 2022 fiscal year, the ...

Coty’s (ticker: COTY) Chief Financial Officer Laurent Mercier cited continued demand for fragrance and makeup for the upside. Coty Boosts Its Outlook. Thank Consumer Demand for Cosmetics and Fragrances. Beauty-products firm Coty reported strong fiscal-third-quarter earnings on Monday, and raised guidance.

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Image courtesy of "Reuters"

Coty raises annual profit outlook on resilient luxury demand (Reuters)

Coty Inc raised its full-year profit forecast on Monday following resilient demand for its high-end fragrances and skincare products in the United States ...

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Image courtesy of "MarketWatch"

Upstart stock plunges 35% after earnings as company cuts outlook (MarketWatch)

Shares of Upstart Holdings Inc. were plunging 35% in after-hours trading Monday after the company, which uses artificial intelligence in lending decisions,.

“We are actually quite pleased and quite happy with the results,” Girouard said on the earnings call. Upstart also reported first-quarter net income of $32.7 million, or 34 cents a share, compared with $10.1 million, or 11 cents a share, in the year-earlier period. “So there’s a whole bunch of loans that just never happened at all, and there’s a bunch of people that are still approved, but the interest rate is a few percentage points higher, and a certain fraction of them are going to decide that’s not the product that they want,” he said, especially citing the case of discretionary purchases.

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