VR market keeps shrinking even as Meta pours billions of dollars a quarter into metaverse
An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual reality (VR) headset at the Telefonica SA stand on ...
Tag: quarter
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. ...
Fisker reports wider-than-expected losses, underwhelming deliveries for the third quarter
Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023.Courtesy: FiskerElectric vehicle startup Fisker on Monday ...
Onsemi sees weak 4th quarter on slowing EV demand; shares tumble 18.3%
Chipmaker Onsemi forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV) demand ...
Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city's main commercial ...
Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Microsoft CEO Satya Nadella, left, departs from federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ...
TSMC beats revenue and profit expectations for third quarter
A man walks past TSMC's logo at the company's headquarters in Hsinchu, Taiwan.Sam Yeh | AFP | Getty ImagesTaiwan Semiconductor ...
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected ...
Samsung Electronics expects third quarter profit to plunge 78% but shares surge
People walk past an advertisement for Samsung Galaxy S23 phones at the company's Seocho building in Seoul on April 7, ...
Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles
Tesla vehicles waiting to be loaded on board a cargo vessel at Nangang port, in Shanghai, China, on Sept. 6, ...
