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Home > Latest

Lates News

date
06/08/2025
AMD: As previously announced, our second-quarter performance was impacted by the US government's export control measures on AMD Instinct MI308 data center GPU products.
Latest
3 m ago
Disney's third-quarter earnings exceed expectations: Theme parks and streaming media show impressive growth, while film and television businesses are under pressure.
3 m ago
Disney's third-quarter earnings, announced, exceeded expectations as the continued growth of its theme parks and streaming business outweighed the challenges facing its film and traditional television operations. In a statement, Disney reported a revenue increase of 2.1% to $23.7 billion for the quarter ending June 28, in line with expectations. Revenue for the theme parks division grew by 13% to $2.52 billion, an 8% increase in revenue. The streaming business achieved a profit of $346 million for the quarter, while traditional entertainment television revenue declined by 28%. Disney's film studio, however, suffered losses. Against the backdrop of an overall contraction in the entertainment industry in June, Disney laid off hundreds of employees in its film and television operations.
4 m ago
Chairman Lun Yaoji reduces his holdings in MAO SHENG HOLDINGS LIMITED (00022.HK) by 1.2 million shares, at a price of approximately HK$0.17 per share.
4 m ago
On August 6, Weichai Heavy Machinery announced that the company plans to pay cash to acquire 100% equity of Changzhou Fiberglass Shipyard Co., Ltd. held by the controlling shareholder Weichai Holding Group Co., Ltd., at a transaction price of 492 million yuan.
5 m ago
Uber (UBER.N) announced better-than-expected third-quarter performance outlook and quarterly financial report on Wednesday and also announced a new $20 billion stock buyback plan. This indicates that its core ride-sharing and delivery business still has room for growth acceleration. The company stated that user frequency has increased and that by cross-selling ride-sharing and delivery services, as well as adjusting service content to meet a wider range of customer needs, they hope to reach more consumers. According to analysts' calculations, total bookings for the current quarter are expected to increase by 18% to 21%, faster than the 17% growth in the second quarter. However, in pre-market trading in New York, Uber (UBER.N) gave back earlier gains, which suggests that investors may be expecting more good news. Executives are expected to hold a conference call with analysts at 8 a.m.
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