WT Micro expects up to 30% revenue surge in 2Q21
Taiwan-based IC distributor WT Microelectronics expects to post revenue in a range between NT$92 billion (US$3.3 billion) and NT$98 billion in the second quarter of 2021, representing an on-year increase of 23-31%......»»
Openlane"s vehicle volume up 7%, revenue rises 3.6% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Openlane"s vehicle volume up 7%, revenue rises 4% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
Super Micro gives margin, profit forecasts below estimates; shares tumble
Super Micro gives margin, profit forecasts below estimates; shares tumble.....»»
This new Google Chrome feature could make the internet more pleasant
Google Chrome is in the works to make tipping your favorite sites easier using Web Monetization to send micro payments. Here's how it works......»»
Microsoft might be building its own Vision Pro rival
A new contract between Samsung Display and Microsoft for Micro-OLED displays has people wondering if the company is planning a rival to the Vision Pro......»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
New York City"s fireworks display prompts temporary surge of air pollution
In 2023, roughly 60,000 firework shells exploded above Manhattan's East River as part of Macy's Fourth of July show. The resulting air pollutant levels were many times higher in the hours after the display than those seen when smoke from a Canadian w.....»»
Apple reports record Q3 2024 earnings with $85.78 billion in revenue
Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»
Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall
Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»
Record-breaking $75 million ransom paid to cybercrime group
Ransomware attacks have reached new heights of ambition and audacity over the past year, marked by a notable surge in extortion attacks, according to a Zscaler. The findings from the report uncovered a record-breaking ransom payment of $75 million to.....»»
Seating supplier to cut jobs in Detroit after truck discontinuation
Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»
AWS revenue growth soars once again as Amazon CEO calls for more AI
Amazon CEO Andy Jassy looks to up AWS capacity for AI even further......»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
The worrying future of RAM and SSD pricing
There's a growing demand for DRAM and NAND Flash, and this means massive increases in revenue. It could also have a huge impact on pricing......»»
Meta’s next AI model to require nearly 10 times the power to train
Mark Zuckerberg expects the compute requirements for next year's Llama 4 to be "10 times" that of last month's Llama 3......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»