Latest in Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
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Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - October 31 -
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - October 31 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - November 12 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.Business - Inc. - October 23 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.Business - MarketWatch - October 23 -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Amazon Just Dropped the Biggest Echo Show Ever
The Echo Show 21 is the largest yet, plus the Echo Show 15 gets a second generation.Tech - Wired - 20 hours ago -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - October 30 -
Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth
The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.Business - The Wall Street Journal - November 8 -
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.Business - CNBC - November 12 -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - November 1 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
Target's big discounting effort falls short as consumers spend less on some goods
Target reported earnings Wednesday that came in far below Wall Street's expectations, something the big-box retailer attributed to slower than expected demand.Top stories - NBC News - 22 hours ago -
The Yankees-Dodgers World Series features the biggest combined payroll ever
A by-the-numbers look at two teams who have played each other in 12 World SeriesBusiness - MarketWatch - October 25 -
Dragon Age: The Veilguard Is BioWare's Biggest Launch Ever On Steam
Dragon Age: The Veilguard is BioWare's biggest launch on Steam, reaching the top spot on Steam's sales charts and knocking down Call of Duty: Black Ops 6.. According to SteamDB , Dragon Age: The ...Tech - GameSpot - November 1 -
'Biggest mistake I've seen' - farcical end to Mings' dream night
Tyrone Mings became the first Englishman to concede a penalty on his Champions League debut in bizarre fashion as Aston Villa lost to Brugge.Top stories - BBC News - November 6 -
Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...Tech - ABC News - October 24 -
Intel wins against EU after court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...World - ABC News - October 24 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
After the Chiefs’ first loss in 337 days, the AFC’s elite are as close as ever
On an afternoon that saw Pittsburgh hold off Baltimore and Buffalo end Kansas City’s perfect season, the AFC’s top tier appears even more tightly packed than before. There were two games on Sunday ...World - The Guardian - 3 days ago -
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Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
McDonald’s posts biggest decline in global sales in four years
Amid sluggish spending in US, Europe and China, sales fell by 1.5% between July and September. McDonald’s has posted another bigger than expected drop in sales as demand continues to slow, despite ...World - The Guardian - October 29 -
Import prices post biggest increase in six months and add to U.S. inflation
The cost of imported goods snapped back in October and added a bit more upward pressure to U.S. inflation, largely because of higher fuel costs.Business - MarketWatch - 5 days ago -
Hong Kong unearths its first ever dinosaur fossils
Official hails discovery ‘of great significance’ on Port Island, with remains of as yet unknown species to go on display in shopping district on Friday. Hong Kong officials say they have discovered ...World - The Guardian - October 24 -
Bottom 10: Clemson and its fans thrown for a loss
Falling to Louisville -- and some unsportsmanlike conduct from the stands -- lands the Tigers on our list.Sports - ESPN - November 7
