The tech giant revises down its earnings forecast because of poor sales in China
Tag: profit
Early adopters of AI in transportation and logistics already enjoy profit margins greater than 5% — while non-adopters are in the red
BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. Major logistics providers have long relied on analytics and research teams to make sense of the data they generate from their operations.See the rest of the story at Business Insider […]
Should Countries Profit Each Time You Buy an iPhone? This Economist Says Yes
The iPhone would not be such a smart phone without GPS, a touch screen or the internet. And who funded the development of those technologies? U.S. taxpayers, observes Mariana Mazzucato, who believes the state can be the boldest innovator, and ignoring it in Silicon Valley mythmaking is “extremely dangerous.” She points out that even the […]
Ford third-quarter profit beats estimates, shares rise
[unable to retrieve full-text content] Filed under: Earnings/Financials,Ford Good news after its stock closed Wednesday at a nine-year low Continue reading Ford third-quarter profit beats estimates, shares rise Ford third-quarter profit beats estimates, shares rise originally appeared on Autoblog on Wed, 24 Oct 2018 17:45:00 EDT. Please see our terms for use of feeds. Permalink | […]
UPS is hoping tech investments will boost its profit margins (UPS)
This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. UPS said at its investor day last week that it’s looking for ways to increase profit margins, according to The Wall Street Journal. The logistics giant has recently […]
Uber narrows quarterly losses, still a long way from profit
(Reuters) — Uber Technologies said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019. Under the leadership of Dara Khosrowshahi, who became chief executive in September, Uber has juggled […]
Why Facebook’s Thinning Profit Margins Are a Secret Asset
Moderating content requires expensive lawyers, well-run operational teams, and a lot of money. But as Facebook builds these complex systems, it becomes harder for an upstart to replicate. https://media.wired.com/photos/5b68c14cf6d47809bff3a56d/master/pass/Ideas_FB-Earnings_Antonio.jpg
SoftBank’s Q1 profit grows 49 percent as it monetizes investments
(Reuters) — Japan’s SoftBank Group on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of its stake in Indian e-commerce firm Flipkart – the first public divestment by its Vision Fund. The sale of the stakes are early signs that SoftBank is able to monetize its investments – a […]
Berkshire Hathaway profit surges as economy gives Buffett a boost
Dennis Van Tine/AP Berkshire Hathaway reported a 67% jump in second-quarter profit, boosted by a growing economy. Underwriting profit at the Geico auto insurance unit more than quintupled. Berkshire ended June with $ 111.1 billion of cash and equivalents, some of which Buffett could use to repurchase stock under a new policy giving him and […]
Tesla promises profit as Model 3 production steadies
(Reuters) — Tesla said it would produce its new Model 3 sedan at a profit after several recent weeks in which output stabilized, buoying hopes that the electric vehicle maker led by Elon Musk will stanch its financial losses in the second half of the year. Chief Executive Musk is under intense pressure to prove […]
