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MediaTek posts revenue and profits declines in 4Q22

MediaTek has reported an over 40% sequential decline in net profits for the fourth quarter of 2022, with revenue decreasing nearly 24% on quarter, despite record-high sales and profit results for the entire year......»»

Category: itSource:  digitimesFeb 3rd, 2023

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.  .....»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Threads testing new option to let users automatically archive old posts

Meta has been experimenting with a lot of new features for Threads, its microblogging platform. Now Instagram boss Adam Mosseri revealed on Wednesday that the platform has started testing an option that will let users automatically hide old posts fro.....»»

Category: topSource:  pcmagRelated NewsApr 25th, 2024

Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7 percent in Q1

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

GM posts higher Q1 profit, ups 2024 financial guidance

GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target

Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»

Category: appleSource:  appleinsiderRelated NewsApr 22nd, 2024

Intel Statistics 2024 By Net Revenue, Business Unit, Processors, Geekbench Score Performance, Import and Export

Introduction Intel Statistics: Intel is the 2nd leading brand […] Introduction Intel Statistics: Intel is the 2nd leading brand in the semiconductor industry, starting from designing and manufacturing the tiny chips that power our com.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 22nd, 2024

Dell Statistics 2024 By User and Revenue

Dell Statistics 2024 By User and Revenue.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 22nd, 2024

Saturday Citations: Irrationality modeled; genetic basis for PTSD; Tasmanian devils still endangered

Hello, stakeholders. (This is the nongendered term of address I've been workshopping because I see "folks" in too many social media posts.) Researchers this week reported on an AI model that attempts to emulate human irrationality in decision-making,.....»»

Category: topSource:  physorgRelated NewsApr 20th, 2024

China orders Apple to remove Meta apps after “inflammatory” posts about president

WhatsApp, Threads, Telegram, and Signal removed from Apple App Store in China. Enlarge / An Apple Store in Shanghai, China, on April 11, 2024. (credit: CFOTO/Future Publishing via Getty Images) Apple said it complied wit.....»»

Category: topSource:  arstechnicaRelated NewsApr 19th, 2024

The Dimensity 6300 is MediaTek’s Latest Mid-tier Chipset

MediaTek's latest launch brings some pretty nifty upgrades for midrange smart devices. The post The Dimensity 6300 is MediaTek’s Latest Mid-tier Chipset appeared first on Phandroid. MediaTek’s Dimensity-series chips are among s.....»»

Category: asiaSource:  phandroidRelated NewsApr 19th, 2024

Elon Musk’s Grok keeps making up fake news based on X users’ jokes

X likely hopes to avoid liability with disclaimer that Grok "can make mistakes." Enlarge (credit: SOPA Images / Contributor | LightRocket) X's chatbot Grok is supposed to be an AI engine crunching the platform's posts to.....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2024

Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says

The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Whirlpool Statistics By Operational Priorities, Product Revenue, Import and Export

Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer […] Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer and distributor of home appliances. It is mainly committ.....»»

Category: blogSource:  coolestgadgetsRelated NewsApr 17th, 2024

Study examines influence of social media on televised debate viewing

Anyone who regularly watches news or sports has likely noticed the steady creep of content competing for screen space, whether it be stock market prices, social media posts, game scores or some other graphic display. Previous studies have indicated t.....»»

Category: topSource:  physorgRelated NewsApr 17th, 2024