Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth. Outsize data-center gains in the fourth quarter made up for a small shortfall in gaming sales. Nvidia reported a 56% gain in gaming sales …
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Bloom Energy Corp. announced Wednesday afternoon that all financial results the company has provided during and since its initial public offering will have to be restated due to an accounting error, sending its stock on a downward spiral. Bloom BE, -8.99% shares had bounced back with a gain of more …
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Airbus said Thursday that it swung to a loss in 2019 and set new targets for 2020. Airbus AIR, +0.42% said its full-year net loss was 1.36 billion euros ($ 1.48 billion) compared with a net profit of EUR3.05 billion in 2018. The company was hit by EUR3.6 billion in …
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‘I think there are lots of troubles coming… There’s too much wretched excess.’ That’s Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.06% , sharing his thoughts on the current climate at the Daily Journal annual shareholder meeting on Wednesday. Munger, who serves as chairman for the Daily Journal along …
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Bitcoin is back around $ 10,000. But don’t be fooled into thinking that means the cryptocurrency is destined to revisit previous highs twice this level. I’m not saying this means a collapse. For better or worse, bitcoin BTCUSD, +0.99% is here to stay. But that doesn’t mean that investors should …
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Akzo Nobel NV said Wednesday that fourth-quarter earnings fell compared with the same time in the prior year, but expects raw-material costs in the first half of 2020 to have a positive effect. Net income for the Dutch paints company AKZA, -0.61% in the quarter ended Dec. 31 was 81 …
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Samsung Electronics Co. Ltd. announced a new lineup of its popular Galaxy smartphones Tuesday, with a base price of $ 1,000 that is moving in an opposite direction of rival Apple Inc.’s iPhones. The South Korean electronics giant unveiled three Galaxy S20 phones with 5G connectivity and better cameras, ranging …
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This article is reprinted by permission from NextAvenue.org. You may be thinking about making your 2020 vacation plans right about now. Before you do, however, read below what I heard from four experts at last week’s New York Times Travel Show. During their sessions, they shared savvy advice on how …
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Ams AG said Tuesday that its revenue and adjusted profit rose year-on-year amid strong growth in its business for 3D sensing and advanced light sensing. The Swiss technology company AMS, +4.00% reported adjusted profit of $ 158.9 million in the fourth quarter compared with $ 1.6 million year-on-year, with …
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