Epistar may see profit from Kaistar
LED epitaxial wafer and chip maker Epistar stands a chance of bringing in non-operating profit from its China-based joint venture Kaistar Lighting (Xiamen), a vertically-integrated LED maker focusing on lighting, according to industry sources......»»
American Axle profit dips, sales increase in Q2
American Axle & Manufacturing Holdings Inc.'s second-quarter net income fell because of supply chain challenges and other cost inefficiencies, while revenue rose marginally. The supplier, based in Detroit, said net income fell 65 percent to $8 mil.....»»
AAPL reports Q3 2023 earnings: $81.8 billion revenue, iPhone sales dip
Amid concerns from analysts about the possibility of a major drop in revenue, Apple has officially reported its earnings for fiscal Q3 2023. AAPL reported revenue of $81.79 billion, down 1% year-over-year, and earnings-per-share of $1.26. Profit for.....»»
Russian kangaroo court fines Apple two seconds of profit over News row
A Russian court this week fined Apple about $4200 for failing to suppress Apple News content about Russia's invasion of Ukraine, equivalent to barely over two seconds of profit for the company.Moscow, RussiaApple was found guilty of violating a law ".....»»
Magna raises outlook after swinging to $339 profit in Q2 amid production surge
Demand for parts has remained strong from automakers as they strive to manufacture new models to cater to consumers looking to snap up pickups, crossovers and SUVs......»»
Amazon"s stock surges as Q2 earnings show profit and sales jump
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Amazon"s stock surges as profit jumps and sales jump
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Amazon profit jumps and sales surge
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Aptiv raises full-year sales forecast after swinging to $229M net profit in Q2
The auto technology supplier, which counts GM, Ford and Tesla among its customers, expects 2023 revenue to rise between $19.95 billion and $20.25 billion from its prior range of $18.7 billion to $19.3 billion......»»
Ferrari Q2 profit jumps 32%; full-year forecasts raised
The guidance upgrade was supported by better than expected results in personalizations, which are added touches that a customer requests to make the car more suited to their tastes......»»
Delivering privacy in a world of pervasive digital surveillance: Tor Project’s Executive Director speaks out
The overarching mission of the US-based non-profit organization the Tor Project is to advance human rights and make open-source, privacy preserving software available to people globally, so that they can browse the internet privately, protect themsel.....»»
Uber posts first operating profit as ridership hits record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past.....»»
Toyota nearly doubles quarterly profit as sales surge, North America lags
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production......»»
Toyota doubles quarterly profit as sales surge, North America lags
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production......»»
Maserati will never enter a price war with competitors, CEO says
Maserati, which almost doubled its profit in the first half, is scrutinizing its dealers to ensure they are maintaining discipline on prices......»»
Ford posts $1.9B Q2 net income, raises full-year profit outlook
Ford made $2.3 billion from its gasoline-powered vehicle business and $2.4 billion from its commercial unit but lost $1.1 billion on EVs......»»
Samsung Electronics reports 95% profit drop for Q2 2023
Samsung continues to get beat up by weak chip demand and a declining smartphone market, reporting a 95% profit drop in its second quarter.Samsung reports earningsOverstocked supply has led to price cuts in the DRAM and RAM industry, plus the demand f.....»»
Elon Musk: Tesla may cut prices again in "turbulent times"
The company reported that its profit margins have been squeezed as it faces tough competition......»»
Astronomers scan the skies for nanosecond pulses of light from interstellar civilizations
In 2015, Russian-Israeli billionaire Yuri Milner and his non-profit organization, Breakthrough Initiatives, launched the largest Search for Extraterrestrial Intelligence (SETI) project. Known as Breakthrough Listen, this SETI effort relies on the mos.....»»
Rolls-Royce threatens to blacklist EV flippers
The upcoming Spectre has been so popular that Rolls-Royce wants to stop buyers from flipping the car for profit......»»
Samsung flags massive drop in quarterly profit as chip glut drags on
Samsung Electronics reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut......»»