Lenovo Reports First Revenue Decline in 10 Quarters due to Chinese Covid Restrictions
During the third quarter, Lenovo also raised profits by reducing costs in a bid to offset the impact of its revenue decline.
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During the third quarter, Lenovo also raised profits by reducing costs in a bid to offset the impact of its revenue decline.
There is no limit to what Twitter can become eventually as Elon Musk has reiterated his agenda to explore every avenue to make the platform the best place for free speech.
Iris Energy has $103 million outstanding debt adding that its mining equipment isn’t making enough revenue to cover costs relating to its debt-financing obligations.
Multi-trading facilitator Robinhood reported a smaller-than-expected loss for Q3 2022 primarily due to the underperformance of riskier assets.
Airbnb had a good Q3 2022 outing, but considers that prevalent macroeconomic headwinds may impact its Q4 performance.
There’s some optimism that the Fed could slow down the speed of rate hikes in the coming months. However, the path to “soft landing” has narrowed said Fed chairman Jerome Powell.
While it remains cautious per its current quarter, EA Sports said it is positively aligned to deliver stronger growth over the long term.
For the coming quarter, AMD is looking forward to approximately $5.5 billion in revenue.
According to reports, the Fed stands to increase interest rates in November, but taper off afterward to prevent the economy from slipping.
Amid a challenging Q3 2022, Match Group realized $810 million over the $793 million expected, but predicts flat Tinder revenue growth for Q4.
MicroStrategy chief Michael Saylor said that the fair value accounting measures by FASB would make it easy for crypto firms to report their losses and gains.
As it stands, there is no specific pricing on the incoming Tesla Cybertruck. The EV maker is yet to reveal its plans to manage the battery supply of the new vehicle or show its production version.
BP was able to exceed analysts’ expectations in its Q3 2022 profits due to high commodity prices.
Middle Eastern oil giant Saudi Aramco projects oil demand to further rise following a commendable Q3 2022 report.
During the third quarter, CoinShares showed a modest recovery in revenue by delivering a resilient performance despite recent and residual turbulence in the digital asset space.