Following a banner year in 2024, in which DBS Bank, Singapore’s largest financial institution by assets, achieved record net profits, CEO Piyush Gupta remains cautiously optimistic about the challenges that lie ahead in 2025. In a revealing interview with CNBC’s JP Ong, Gupta stressed the importance of agility and responsiveness as DBS faces an increasingly
Earnings
Doximity, a prominent player in the digital health sector, has made headlines with a striking 25% surge in its stock prices following the release of its third-quarter fiscal 2025 results. The company not only outperformed analysts’ revenue expectations but also set optimistic guidance for the upcoming quarters. This financial performance comes at a time when
In a notable turn of events, Affirm, the buy-now-pay-later (BNPL) company, saw its shares skyrocket by 22% following the announcement of its fiscal second-quarter earnings. The results, which not only exceeded Wall Street’s revenue forecasts but also introduced a surprising profit alongside robust growth metrics, captivated investors during what has been a flourishing holiday shopping
As we move further into 2025, the landscape of artificial intelligence (AI) seems to have reached a fever pitch. The megacap technology firms, including giants like Meta, Amazon, Alphabet, and Microsoft, are vying to outspend each other in a bid to capture as much of the growing AI market as possible. With a projected combined
In a rapidly evolving financial landscape, Affirm Holdings, Inc. has marked a notable resurgence with its recent fiscal second-quarter financial results. The company’s shares surged by over 15% in extended trading following the announcement of its earnings, and this excitement is well-founded given the impressive metrics that outperformed analysts’ expectations across various dimensions. With earnings
MicroStrategy, the prominent data analytics company, has recently made headlines with its aggressive investment strategy focused on Bitcoin. Now rebranded as Strategy, the organization is not merely pivoting but transforming its entire business model around cryptocurrency. With the acquisition of an impressive 218,887 Bitcoins since the third quarter, valued at a staggering $20.5 billion, it
In an industry characterized by fluctuating prices and demand dynamics, TotalEnergies, the French oil and gas major, presents a case study of resilience amid challenges. With a reported adjusted net income of $18.3 billion for the year 2024, the company faced a notable decline of 21% compared to $23.2 billion the previous year. This downturn
On Tuesday, Nintendo revealed results for its fiscal third quarter that fell below market expectations, raising concerns about the future trajectory of its flagship console, the Switch. With the results for the quarter ending December 31 coming in with a revenue of 432.92 billion Japanese yen (approximately $2.8 billion), the figure marked a significant shortfall
The financial technology landscape continues to evolve, with new players vying for market space. Among them, GoCardless has made headlines recently with its ambitious strategy aimed at achieving profitability by 2026. The London-based startup specializes in facilitating recurring payment collections for businesses, including subscription services. A recent fiscal report highlighted that GoCardless has managed to
Atlassian Corporation, a leading player in collaboration software, saw its stock soar by 18% following an impressive fiscal second-quarter performance that exceeded Wall Street’s expectations. The remarkable spike propelled the company’s shares close to a new 52-week peak, marking one of the most significant trading days for Atlassian since November of the previous year. The