SK Telecom has revised its 2024 revenue forecast down to 17 trillion won, citing costs related to a cyber breach and shifting market conditions.
#YonhapInfomax #SKTelecom #RevenueForecast #OperatingProfit #CyberBreach #2024Guidance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70829
American Eagle Outfitters reported a wider-than-expected Q1 loss and swung to an operating loss, citing heavy discounting and inventory write-downs, while issuing a bearish Q2 outlook and withdrawing annual guidance.
#YonhapInfomax #AmericanEagleOutfitters #Q1Earnings #OperatingLoss #InventoryWriteDown #RevenueForecast #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65552
Nvidia projects next quarter revenue at $45 billion, slightly below market expectations of $45.9 billion, signaling cautious growth outlook.
#YonhapInfomax #Nvidia #RevenueForecast #MarketConsensus #NextQuarter #GrowthOutlook #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65209
Macy's Inc. lowered its full-year profit outlook due to tariff uncertainty under the Trump administration, despite first-quarter earnings and revenue beating market expectations and shares rising over 3% in pre-market trading.
#YonhapInfomax #MacysInc #EarningsPerShare #TrumpTariffs #StoreClosures #RevenueForecast #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65179
Microchip Technology plans to close its Tempe, AZ plant in Q3 2025, affecting 500 employees, and lowers its Q3 revenue forecast. 
#MicrochipTechnology #Tempe #Manufacturing #TechNews #Q3Forecast #BusinessNews #EmploymentImpact #RevenueForecast
UBS Executive Highlights AI’s Impact on Banking - UBS is witnessing a transformative shift in client interactions driven by artifici... - https://news.bitcoin.com/ubs-executive-highlights-ais-impact-on-banking/ #artificialintelligence #sabinekeller-busse #financialsector #revenueforecast #aiindustry #finance #banking #ubs #ai
