Nvidia Earnings Show Soaring Profit and Revenue Amid AI Boom
The A.I. chip maker’s revenue more than tripled, and profits rose ninefold. It also projected that its revenue would more than triple again.
Posted inCompany Reports Consumer Behavior Shopping and Retail Stocks and Bonds United States Economy Walmart Stores Inc
Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.
Airbus Pulls Further Ahead of Boeing in Global Plane Rivalry
The European aerospace giant said it would deliver 800 planes this year, including its A320neo, which competes with Boeing’s troubled 737 Max.
Posted inCompany Reports Disney Plus Iger, Robert A Peltz, Nelson Trian Fund Management LP Walt Disney Company
Disney Has ‘Turned the Corner’ After a Strong Quarter, Iger Says
The company, facing pressure from activist investors, surpassed expectations for earnings and slowed its streaming losses.