Tag: sales
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Apple set for strongest June-quarter sales growth in 5 years
July 29 : Apple’s decision to hold iPhone prices steady is set to power its strongest June-quarter sales growth in five years, but investors will want to know how long it can resist an increase.The consumer electronics giant raised iPad and MacBook prices last month as it sought to offset cost increases from
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Intel sales, profit forecast beat estimates; company boosts spending plans on AI boom
July 23 : Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 12 per cent in after-hours trade, and boosted spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). The company expects third-quarte
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Nokia Q2 profit beat as sales from AI, cloud doubled
STOCKHOLM, July 23 : Nokia reported a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker got a boost from artificial intelligence and cloud customers, and expects the growth to continue.Comparable operating profit jumped 18 per cent to 434 mil
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Strategy bitcoin sales shine light on faltering crypto hoarding companies
NEW YORK, July 13 : A move by Michael Saylor’s bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a clutch of public crypto hoarding companies, which have been buffeted by falling token prices. Strategy’s shares briefly bounced on Friday after analysts ble
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Why Salesforce is staying in the portfolio despite a harsh analyst downgrade
Jim Cramer isn’t ready to give up on Salesforce after KeyBanc downgraded the stock
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Alibaba to pay $600 million to resolve US drug sales probe
WASHINGTON, July 1 : Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal drug sales, the U.S. Justice Department said on Wednesday.The companies entered into non-prosecution agreement
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Toyota US second-quarter sales up 1%
July 1 : Japan’s Toyota reported a 1.1 per cent rise in U.S. sales during the second quarter, helped by demand from its hybrid models and affordable cars. The automaker reported sales of 673,971 units, compared with 666,469 units a year ago.
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BYD’s sales rise for second month, buoyed by exports
BEIJING, July 1 : Chinese electric vehicle maker BYD logged a second straight month of rising sales globally in June, as strong exports offset sluggish domestic demand.Total vehicle sales were up 5.5 per cent from a year earlier to 403,472 units last month, according to Reuters calculations based on a stock
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US telecoms watchdog to vote on barring sales of devices with parts from blacklisted firms
WASHINGTON, June 30 : The Federal Communications Commission, the U.S. telecoms watchdog, said on Tuesday it plans to vote next month on a measure that would bar sales of devices in the United States that contain components from blacklisted companies. The FCC maintains a list of firms – including Chinese telec
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Charging ahead: EVs outpace growth predictions
Electric cars are getting cheaper, more efficient and can travel farther than ever. China is driving the transition, but Europe and other countries are catching up fast.
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