SUV Aston Martin DBX707 Courtesy: Sassy Films | Aston Martin LONDON: British luxury car manufacturer Aston Martin Lagonda forecasts better returns this year, after extending its 2022 pre-tax losses due to a weakening UK currency. The company more than doubled year-over-year pre-tax losses to £495m ($598m) in 2022, from £213.8m in 2021, and said profit … Read more
Shares of Nvidia Corp. soared in after-hours trading on Wednesday as the graphics chip specialist revealed it has mostly ironed out inventory issues and is focusing on opportunities in artificial intelligence. nvidia nvda, +0.48% Founder and CEO Jensen Huang revealed in a conference call Wednesday afternoon that Nvidia’s artificial intelligence software will now be available … Read more
Intel announced Wednesday that it will cut its quarterly dividend by 66%, saying the move “reflects the board’s deliberate approach to capital allocation.” Intel (ticker: INTC) announced in a press release that it will lower its quarterly dividend to 12.5 cents per share, down 66% from its previous dividend of 36.5 cents.
FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more
FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more