Company results

Netflix shares tumble as growth forecast disappoints

Netflix forecast a second consecutive quarter of slowing sales growth, feeding investor anxiety about the streaming giant’s future.

Samsung flags 19-fold jump in profit but shares slump on jitters AI boom may stall

The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (S$75.7 billion), up 1,800 per cent from 4.7 trillion won a year earlier.

Samsung likely to post 18-fold jump in profit on surging AI demand for memory

This would mark a third consecutive quarter of record operating profit for Samsung, reflecting a prolonged memory shortage due to booming demand for AI.

Nike forecasts surprise fall in full-year revenue; shares tumble 4%

Sales continued to fall in China, which has been a weak spot for Nike in recent quarters amid domestic competition and operational missteps.

Broadcom shares tumble after its AI chip forecast disappoints investors

Broadcom has been one of the biggest beneficiaries of the AI race.

Victoria’s Secret shares soar 50% after moves to bring ‘sexy’ back

The company has revived its popular annual runway show and changed its stock ticker to VSXY from VSCO, saying “sexy has always been part of our DNA'.

Market Insights

SATS jumps after record $6 billion revenue, while Mary Chia reports a loss due to leaner sales

SATS on May 26 reported record revenues of $6.35 billion for the 2026 financial year, which ran from April 1, 2025, to March 31.

Singtel’s shares down 6.4% as S’pore business weakens: Key takeaways from telco’s full-year results

Singtel revealed persistently tough conditions for its consumer business in Singapore.

Shopee delivers record results in Q1 on the back of AI usage

Shopee’s gross merchandise value grew 30 per cent year on year in the first quarter.

Genting Singapore rolls out new attractions as Middle East tensions weigh on earnings

Resorts World Sentosa (RWS) is stepping up efforts to refresh its attractions and broaden revenue streams as the conflict drives up costs and weighs on travel demand and consumer sentiment.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.