Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

+++ Geschäftszahlen +++: Gewinn von Huawei geht deutlich zurück – höhere Investitionen

BYD-Gwinn legt aufgrund hoher Exporte zu +++ Bertelsmann steigert Gewinn und erhöht Prognose +++ Strabag hebt dank Rekordaufträgen Jahresprognose an +++ Der Newsblog.

+++ Geschäftszahlen +++: Gewinn von Huawei geht deutlich zurück – höhere Investitionen

In the second quarter, Huawei's profits saw a significant decline due to increased investments, according to wire material. This aligns with the company's expectation for the current quarter, where they anticipate subscription revenues of $2.52 billion. However, investors were hoping for more, as the company's stock fell by five percent after markets closed.

Workday, a US company, reported a 12.8% increase in revenue to $2.65 billion in the quarter ending July 31, fulfilling Wall Street's expectations. Nevertheless, the stock price declined by five percent in after-hours trading. Workday's AI-powered financial and human resources programs have attracted more than 5,500 customers, but the company faces challenges in a difficult economic climate, with many customers closely examining their IT budgets and delaying significant software projects.

Analysts suggest that there may be limited room for further expansion without price reductions, making it challenging to reinvigorate growth in the financial sector and abroad. Workday's optimistic outlook on AI tools has boosted Salesforce's confidence, leading the company to raise its revenue and profit forecast for the full year.

Salesforce now expects revenue between $46.1 billion and $46.4 billion, an increase from the previous range of $45.9 billion to $46.2 billion. The company's adjusted EPS is projected to rise to $16.67 to $16.71 from the previous range of $14.06 to $14.12. Revenue for the quarter was $11.35 billion, slightly over the $11.32 billion expected by LSEG analysts.

The company had initially forecast revenue between $11.27 billion and $11.35 billion and EPS between $3.25 and $3.27, with the lower earnings outlook overshadowing a surprisingly strong sales figure in the previous quarter.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Finance & Markets

Sectoral Deployment of Bank Credit – July 2026

Data on sectoral deployment of bank credit for the month of July 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food…

  • Non-food bank credit grew 19.1% YoY in July 2026
  • Agriculture credit up 17.0%, industry credit rose 20.0%
  • Services credit surged 22.9% driven by NBFCs and trade

More from Monday 31 August →