Tag Archives: Forecasts

Climate models are complex, just like the world they mirror. They simultaneously simulate the interacting, chaotic flow of Earth’s atmosphere and oceans, and they run on the world’s largest supercomputers. Critiques of climate science, such as the report written for the Department of Energy by a panel in 2025, often point to this complexity to argue that these models are …

(Reuters) -Business software provider Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, as clients dial back spending on its enterprise cloud products due to macroeconomic uncertainty. The cloud software provider also announced a $20 billion increase to its existing share buyback program, bringing the total to $50 billion. Shares of the San Francisco, California-based company fell more than …

How quickly we forget. At this time last year, the Eagles and Cowboys shared the same over/under win total (10.5), then finished seven wins apart. The Bucs and Saints also received the same preseason number (7.5), then finished five wins apart. The Jets (9.5) and Bills (10.5) were expected to battle for AFC East supremacy. The Browns (8.5) were projected …

Marvell Technology, Inc. MRVL will release earnings results for the second quarter after the closing bell on Thursday, Aug. 28. Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 67 cents per share, up from 30 cents per share in the year-ago period. Marvell Technology projects to report quarterly revenue of $2.01 billion, compared to $1.27 billion a …

(Reuters) -Dell Technologies raised annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia‘s advanced chips. Shares fell more than 4% in extended trading as Dell’s third-quarter profit outlook was below analysts’ estimates. Rising demand for AI servers, capable of handling computational needs of AI workloads, is benefiting companies such …

By Jaspreet Singh (Reuters) -Intuit (INTU) forecast first-quarter revenue growth below analysts’ estimates on Thursday, hit by sluggish performance at its marketing platform Mailchimp, sending the shares down nearly 6% before the bell on Friday. The company provides products such as tax-preparation software TurboTax, personal finance portal Credit Karma and accounting software QuickBooks. Mailchimp, acquired in 2021 and housed within …

By Jaspreet Singh (Reuters) -Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts’ estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading. The company has been benefiting from an AI-driven upgrade cycle as enterprises accelerate their cloud adoption and modernize security operations amid rising data breach …

Tom Espiner BBC business reporter Getty Images UK economic growth slowed between April and June, according to official figures, but came in better than expected. The economy expanded by 0.3%, down from 0.7% in the first three months of the year, the Office for National Statistics said. The biggest contribution came from services while the construction industry also grew. The …

Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server …

Meta posted nice numbers for the June quarter with revenue surging 22% to $47.5 billion and net income up 36% to $18.3 billion. Earnings per share of $7.14 was also beat Wall Street’s expectations, as did daily active users rose to 3.48 billion. “We’ve had a strong quarter both in terms of our business and community,” said Mark Zuckerberg, Meta founder …