Tag: Company Reports

Chip Makers, Once in High Demand, Confront Sudden Challenges

Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.

October 27, 2022
Shell Reports Earnings of $9.45 Billion

The oil and gas giant said it had avoided Britain’s “windfall” tax because of big capital expenditures in the North Sea.

October 27, 2022
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.

October 27, 2022
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy

A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.

October 26, 2022
Meta Quarterly Earnings: Profit Declines With Losses in Reality Labs

The social networking company, which is trying to shift into the so-called metaverse, posted falling sales and said it was “making significant changes” to operate more efficiently.

October 26, 2022