Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
In a bad fire year, Australia records more than 450,000 hotspots. Maps show where the risks have increased over 20 years
The bushfire outlook for many parts of Australia has changed drastically over the past decade. Environmental conditions have transformed, producing larger and more destructive bushfires......»»
Qualcomm offers gloomy smartphone outlook, implies lower demand from Apple
As the rebound in China remains elusive and the market shows limited visibility, Qualcomm posted a decline in sales in most segments except for the automotive business and gave a gloomy outlook for the next quarter......»»
AMD expects stronger PC and server markets in 2H23
According to AMD's latest financial results, the industry still struggles with a severe PC slowdown as the second-largest computer processor provider forecasts a lackluster outlook......»»
OSATs see a delay in capacity demand from MediaTek
With unclear business outlook from Taiwan's mobile SoC vendor MediaTek, its backend partners including ASE Technology, Powertech Technology (PTI), Sigurd Microelectronics and King Yuan Electronics (KYEC) are all downbeat about their business prospect.....»»
Facing uncertain outlook, MediaTek sets strategy of prioritizing profits
MediaTek was extremely cautious at its earnings call when announcing its prospect expectations, confirming recent market observations. The overall operations in the second quarter sell slightly. Besides TV and broadband network-related chips, other p.....»»
Pioneering Calif. dealer Bert Boeckmann dies at 92
Boeckmann joined Galpin Ford in 1953 as a salesman and worked his way up to ownership......»»
Paternal incarceration complicates college plans for Black youth
Most Gen Z young people are characterized as ambitious and forward-thinking, believing all things are possible. But what if you are a teen whose father is, or has been, in prison? How does that affect your outlook on life? How does that affect your o.....»»
Group 1 Automotive improves first-quarter revenue as net income drops
Acquisitions, service business growth and elevated vehicle pricing helped the Houston dealership giant improve its revenue numbers in a tough market......»»
Automotive remains the only growth driver for Texas Instruments in 1Q23
Due to weak consumer and enterprise demand, Texas Instruments (TI) saw declined financial results and expected a lackluster outlook for the next quarter......»»
GM Q1 earnings: Employee, dealer buyouts push net income down 19%; full-year guidance up
North American pretax profit rose 14 percent to $3.6 billion......»»
Google lowers 2023 Chromebook shipment outlook
Google reportedly has revised its forecast of global Chromebook shipments for 2023 to 20 million units compared to the previous projection of 25–25.5 million at the end of the first quarter, according to sources in the notebook industry......»»
Metal-organic frameworks (MOFs) for electrocatalysis: From performance enhancement to future development outlook
Electrocatalysis as an efficient energy storage and conversion technology opens up a new path to solve the existing problems of energy depletion and environmental pollution caused by fossil fuel consumption. Metal-organic frameworks (MOFs), a class o.....»»
Notebook supply chain bracing for weak demand that may last longer than expected
With TSMC warning of a rather conservative outlook for the terminal market, the notebook supply chain is bracing for weak demand throughout the year......»»
Rick Hendrick buys first Corvette E-Ray for $1.1M
The North Carolina dealer and racing team owner has spent nearly $6 million buying VIN 001 Corvettes at recent auctions......»»
Kia, Nissan, Ford, Stellantis and GM dealerships sell across 5 states
A West Coast auto retailer bought and sold dealerships, a dealer acquired his first Ford store, a group grew to three stores and two brothers expanded their holdings, all in transactions that closed in the second and fourth quarters of 2022 and the f.....»»
Public game company stock prices rise in Q1 but acquisitions fall | Drake Star
Stocks rose for public game companies in Q1, and that could help revive a weak acquisition market, according to Drake Star Partners. Stocks rose for public game companies in Q1, and that could help revive a weak acquisition market, according to D.....»»
CIS packaging house Tong Hsing less optimistic about automotive demand
Tong Hsing Electronic Industries has revised its automotive CIS business outlook from highly optimistic to just positive, according to the packaging house......»»
CIS packaging firm Tong Hsing becomes less optimistic about automotive demand
Tong Hsing Electronic Industries has revised its automotive CIS business outlook from highly optimistic to just positive, according to the packaging house......»»
Recovery momentum for IC design houses hard to come by in 2H23
With TSMC revising its outlook for 2023 and voicing greater caution about inventory adjustments at its fabless customers, the prospect for Taiwan-based IC design houses to see a pick-up in demand momentum in the second half is dim......»»
TSMC cuts revenue outlook for 2023
TSMC has revised its revenue outlook for this year to a low- to mid-single-digit percentage decrease from the previously projected small gain......»»