Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro, the embattled server maker that’s late in releasing annual financials and at risk of being delisted by…
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as domestic same-store sales growth for all four of its chains fell short of Wall Street estimates. Shares fell about 2% in early trading following the report. Here’s what the company reported for the third quarter compared with what Wall Street was…
People walk at a shopping complex in Chengdu, Sichuan province, China April 13, 2024. Tingshu Wang | Reuters From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines. The falling revenue in what’s been a major market for the U.S. companies comes amid tepid consumer spending in China and…
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge…
Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The company’s shares were up more than 4% in morning trading following the report’s release. The oil major’s quarterly profit, however, declined substantially compared with the year-ago period due to lower margins on refined product sales, lower prices and the…
