Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares rallied 16% after the AI server company filed its delayed financial results by the Nasdaq’s deadline. The company’s auditor BDO wrote in…
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The home for sale at 377 Capron Ash Loop in Casselberry is pictured on Wednesday, Aug. 14, 2024. Stephen M. Dowell | Orlando Sentinel | Tribune News Service | Getty Images Mortgage interest rates dropped again last week, hitting the lowest level in two months, but demand for mortgages didn’t respond. Total mortgage application volume…
North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals. The…
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Wednesday and said its sales could see modest growth in the year ahead. The company said it expects full-year total sales sales to range from $83.5 billion to $84.5…
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor.…
The US president posted the clip, which appears to have been published beforehand by accounts unaffiliated with the White House, on the site Truth Social on Wednesday. It features Trump and the Israeli prime minister, Benjamin Netanyahu, sunbathing in a Dubai-style resort while Elon Musk is showered with bank notes while walking on a beach.…
The British sportscar maker Aston Martin has further delayed its first battery electric vehicle, as it announced plans to cut 170 jobs – 5% of its global workforce – in the latest step in its quest for profits. The FTSE 250 manufacturer on Wednesday said its priority was plug-in hybrid cars, which combine a small…
The British sportscar maker Aston Martin has further delayed its first battery electric vehicle, as it announced plans to cut 170 jobs – 5% of its global workforce – in the latest step in its quest for profits. The FTSE 250 manufacturer on Wednesday said its priority was plug-in hybrid cars, which combine a small…
Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Getty Images Shares of the world’s largest brewer AB InBev jumped more than 8% on Wednesday after the company posted better-than-expected fourth-quarter sales despite an annual decline in volumes. The drinks maker, whose brands include Budweiser, Corona…
