The financial landscape in Singapore has recently witnessed a significant triumph as DBS Bank, the largest bank in the city-state by assets, has announced a record-breaking net profit for the financial year ending December 31, 2024. Under the leadership of CEO Piyush Gupta, the bank reported an impressive net profit of 11.4 billion Singapore dollars
Earnings
On Thursday, shares of Doximity experienced a remarkable surge, climbing by 25% during extended trading hours. This stock jump was fueled by the release of their third-quarter fiscal 2025 financial results, which not only exceeded analysts’ revenue expectations but also provided an optimistic outlook for future performance. Key Financial Metrics Doximity reported an adjusted earnings
In a surprising turn of events, Affirm, the renowned buy now, pay later (BNPL) service provider, saw its shares soar by an impressive 22% on Friday. This surge followed the company’s announcement that it not only exceeded Wall Street’s fiscal second-quarter revenue forecasts but also achieved a surprising profit during an unexpectedly robust holiday shopping
The world of technology continues to witness an exponential surge in demand for artificial intelligence (AI) solutions. As the giants of the tech industry — including Meta, Amazon, Alphabet, and Microsoft — prepare to invest an astounding $320 billion in AI technologies and data center infrastructures in 2025, it is clear that the hype surrounding
In a financial landscape filled with volatility, Affirm Holdings, a leader in the buy now, pay later (BNPL) sector, has demonstrated resilience and significant growth in its recently released fiscal second-quarter results. The company’s shares surged more than 15% after announcing figures that not only surpassed analysts’ expectations but also underscored robust business fundamentals. This
In the fast-paced world of cryptocurrency investment, few companies have made waves quite like Strategy, formerly known as MicroStrategy. As market trends shift in response to shifting political landscapes and economic conditions, Strategy has doubled down on its commitment to Bitcoin, amassing significant holdings. This article explores the company’s recent financial maneuvers, its ambitious goals
TotalEnergies, the prominent French oil and gas conglomerate, recently released its full-year earnings for 2024, revealing a significant downturn in profitability compared to previous years. With an adjusted net income of $18.3 billion, this marks a striking 21% decline from the prior year’s figure of $23.2 billion. This decrease comes as no surprise to industry
Nintendo recently disclosed its fiscal third quarter results, which ended on December 31, falling short of market expectations. The company reported revenues of 432.92 billion Japanese yen (approximately $2.8 billion), significantly lower than the anticipated 498.22 billion yen. Furthermore, net profit reached 128.53 billion yen, while analysts had estimated it at 136.16 billion yen. This
GoCardless, the London-based FinTech unicorn specializing in recurring payments such as subscriptions, has achieved significant strides towards profitability by reducing its losses and enhancing revenue growth. As the fiscal year ending June 30, 2024, closed, the company reported a net loss of £35.1 million ($43.8 million), which signals a remarkable 55% decrease compared to the
Atlassian, the Australian software powerhouse renowned for tools like Trello, experienced a remarkable surge in its stock value, rising 18% following the company’s impressive fiscal second-quarter earnings report. This surge not only propelled its shares close to a new 52-week high but also marked the stock’s strongest single-day performance since the previous November. Such dramatic