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Earnings

October 31, 2023, Shanghai, Shanghai, China: HANGZHOU, CHINA - OCTOBER 31, 2023 - Visitors visit the NVIDIA booth at the 2023 Hangzhou Apsara Conference in Hangzhou, Zhejiang province, China, October 31, 2023. (Credit Image: © Cfoto/NurPhoto via ZUMA Press)

Nvidia’s Sales Surge, With No End in Sight for AI Boom

The chip maker reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom.

8 hours ago

5 min read

FILE PHOTO: A silo bearing the logo of GrainCorp Ltd is seen in the Tasmanian town of Devonport, Australia, November 17, 2016. REUTERS/Clyde Russell/File Photo

GrainCorp Holds Dividend Despite 34% Fall in Annual Profit

The company reported a net profit for the 12 months through September of A$249.7 million compared with A$380.4 million a year earlier.

November 15, 2023

2 min read

NORTH MIAMI BEACH, FLORIDA - MAY 17: A Target department store on May 17, 2023 in North Miami Beach, Florida. The Target Corporation reported first quarter earnings per share of $2.05, down 4.8 percent from $2.16 in 2022. The retailer said that second-quarter earnings are expected to be below analyst estimates. (Photo by Joe Raedle/Getty Images) Published Credit: Joe Raedle/Getty Images

Target Stock Surges as Earnings Overshadow Sales Decline

Target sales fell in the period just before the holiday shopping season as it grappled with choosy shoppers cutting spending on some products and visiting stores less often.

November 15, 2023

3 min read

May 8, 2022; Darlington, South Carolina, USA; A general view of the racing wheel and tire combination with throwback Goodyear lettering in a teams pitbox prior to the Goodyear 400 at Darlington Raceway. Mandatory Credit: Jasen Vinlove-USA TODAY Sports

Goodyear to Explore Strategic Alternatives for Chemical Business, Dunlop Brand

Goodyear Tire & Rubber is exploring strategic alternatives for some units, including its chemical business and Dunlop brand of tires, as it optimizes its portfolio.

November 15, 2023

1 min read

Electronic gaming machines manufactured by Aristocrat Leisure Ltd. stand on display during the Macau Gaming Show (MGS) in Macau, China, on Tuesday, Nov. 14, 2017. Macau regulators are strengthening their oversight of the almost $30 billion casino industry as they plan to release details next year of the renewal process for operators. Photographer: David Paul Morris/Bloomberg

Aristocrat Leisure Raises Dividend After FY Profit Jumps 53%

Aristocrat said it expect continued strong market share, revenue growth and profit growth from its gaming unit.

November 14, 2023

2 min read

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

20 hours ago

8 min read

Airlines
Sam Altman to Return as OpenAI CEO

Sam Altman to Return as OpenAI CEO

48 min ago

2 min read