The iconic Nike swoosh design is displayed in a window of the athletic company’s new store on Broadway in Manhattan on April 24, 2026 in New York City. Spencer Platt | Getty Images Nike on Tuesday posted quarterly earnings and revenue that topped Wall Street expectations, despite another sales decline in its key China market….
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron‘s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand…
Naspers and its Amsterdam-listed subsidiary, Prosus, have told shareholders to expect a sharp rise in core headline earnings for the year to 31 March 2026, in what the group has described as the completion of its shift from a passive technology investor into an “active operator of AI-driven lifestyle ecosystems”. In near-identical trading statements published…
Okta beat Wall Street’s fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes with the onslaught of agentic artificial intelligence. Shares gained 8%. Here’s how the company did versus LSEG estimates: Earnings per share: 91 cents adjusted vs. 85 cents expected Revenue: $765 million vs. $752 million expected The…
Tertius Zitzke 4Sight Holdings has reported a sharp lift in earnings for the year to 28 February 2026 – but the JSE-listed group’s segmental data complicates the AI-led growth story it is pushing. Revenue rose 16.3% to R1.16-billion, operating profit climbed 45.8% to R71.7-million and headline earnings per share grew 46.1% to 10.732c. Basic EPS…
A Telkom communications tower in Pretoria Telkom expects its headline earnings per share (Heps) from continuing operations to climb 45-55% for the year to end-March, the JSE-listed telecoms group said in a trading statement on Wednesday – a performance it has attributed to cost discipline, lower debt servicing costs and the continued payoff from its…
Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a stand-alone company after separating from Comcast’s NBCUniversal and beginning to trade on the Nasdaq earlier this year. The report revealed continued pressure in the traditional pay TV bundle but highlighted growth in digital platform and licensing businesses. Versant…
Lesaka Technologies chairman Ali Mazanderani Dual-listed fintech Lesaka Technologies has swung to a net profit in its third quarter and raised its full-year adjusted earnings per share guidance, as growth in its consumer and enterprise segments offset a softer top line in its core merchant business. The group, which holds a primary listing on Nasdaq…
JSE-listed Altron has firmed up its earnings guidance for the year ended 28 February 2026, with headline earnings per share (Heps) from continuing operations now expected to rise by 31-37% — broadly in line with the more than 30% growth flagged in the group’s 12 February trading statement. In an updated trading statement issued on…
Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence. “Agents are really driving tremendous demand in the overall AI adoption cycle, and we’re very excited to be in the middle of…
