July 12, 2024
“TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the back of booming demand for artificial intelligence (AI) applications… Revenue in the April-June period of this year came in… Continue Reading…
May 28, 2024
“Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items… Lowe’s stuck by its full-year forecast. It said it expects total sales of between $84 billion and $85 billion, which would be a… Continue Reading…
May 10, 2024
“…Here’s how the company did: Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its… Continue Reading…
May 2, 2024
“Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading. Here’s how the company did: Revenue for Snap’s first quarter increased 21% from $989 million in the… Continue Reading…
May 1, 2024
“Verizon Communications (VZ) on Monday reported first-quarter earnings that fell from a year earlier but topped Wall Street estimates. Verizon stock initially rose, then reversed down although wireless service revenue came in above expectations. Reported before the market open, Verizon earnings… Continue Reading…
April 29, 2024
“…JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. The carrier last month called off its merger agreement with budget carrier Spirit Airlines after a judge blocked that $3.8 billion deal… Continue Reading…
April 23, 2024
“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…
April 8, 2024
“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…
April 5, 2024
“Tottenham recorded a 24% increase in total revenues for 2022-23 to reach a record 549.6 million pounds ($691 million) and said it was “in discussions with prospective investors.”… However, operating expenses including first-team costs rose by 21% to 487.9 million… Continue Reading…
March 25, 2024
“…For the three months ending Dec. 31, PDD Holdings said it earned an adjusted 15.83 Chinese yuan ($2.23) per share on sales of 88.88 billion yuan ($12.52 billion). On average, analysts were expecting PDD to post earnings of $1.57 per… Continue Reading…
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