President Ron Lopez speaks on what would help companies like Astroscale flourish.
President Ron Lopez speaks on what would help companies like Astroscale flourish.
Environmental Groups Make Last Minute Attempt to Correct Error in a Defective Lawsuit Regarding the Tejon Ranch Conservation and Land Use Agreement
As most of the 25,000 National Guardsmen who were called upon to protect Washington, D.C., during the presidential inauguration began heading home this week, one Black service member agreed to speak to Yahoo News about the experience of protecting the nation’s capital in the wake of a pro-Trump riot on Capitol Hill.
We're tracking every notable free agent signing in the 2020-21 MLB offseason and giving you the details on the deal. Plus: What it means for your fantasy team.
17 American cities are still in the running to host games for the 2026 North American World Cup.
After logging two massive No. 1 hits last year, Megan Thee Stallion seems poised to have a bright career ahead… even if she does win the 2021 Grammy for best new artist. Old superstitions die hard, though. Ever since Starland Vocal Band won the category in 1977 on the strength of their No. 1 single […]
(Bloomberg) -- Advanced Micro Devices Inc. gave an upbeat forecast, reflecting strong demand for its chips and gains against rival Intel Corp.First-quarter revenue will be about $3.2 billion, plus or minus $100 million, Santa Clara, California-based AMD said Tuesday. That compares with an average analyst estimate of $2.73 billion. For 2021, the company projected a sales increase of 37%, well ahead of Wall Street expectations.AMD has struggled for decades to make sustainable gains against Intel, the world’s largest chipmaker. However, the smaller company has revamped its products and outsourced production, helping it create processors that match or exceed the performance of Intel’s offerings. That has spurred early market share gains and a surge in AMD shares in recent years.Lisa Su, AMD’s chief executive officer, faced questions on whether she can get enough chips to meet demand and how much more profitable the company could be if it can pull this off.“Overall demand has been high in 2020 and exceeded our plans,” she said in an interview. “All of our businesses are firing on all cylinders.”AMD’s 2021 forecast takes into account tight supply in the first half of the year. Profitability is increasing and margin expansion will depend on which market is growing faster, she said. AMD’s profit margins aren’t being squeezed higher production costs or price cuts, she added.In addition to competing with Intel in processors for personal computers and servers, AMD supplies graphics chips used in Microsoft Corp.’s Xbox and Sony Corp.’s PlayStation. New versions of these video game consoles went on sale during the recent holiday period, raising expectations for this part of AMD’s business, which rivals Nvidia Corp.AMD’s chips are made by Taiwan Semiconductor Manufacturing Co., which has better production technology than Intel. TSMC also supplies Apple Inc., Qualcomm Inc., Nvidia and many other technology companies, and the Taiwanese company is struggling to keep up with demand.Last week, Intel reported better-than-expected earnings and gave an upbeat forecast for the first quarter. Strong demand for laptops to support working and studying from home has fueled growth and will continue in the first half of 2021, Intel said.AMD reported fourth-quarter net income of $1.78 billion, or $1.45 a share, compared with $170 million, or 15 cents, in the same period a year earlier. Revenue rose 53% to $3.2 billion. Profit, excluding certain items, was 52 cents. Analysts were looking for profit of 47 cents on sales of $3 billion. Net income was boosted by a tax benefit of $1.3 billion in the quarter, AMD said.AMD shares slipped about 1% in extended trading. The stock has soared almost 90% in the past year.(Updates with CEO comments in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
With me to discuss Hanmi Financial's fourth quarter and full-year 2020 earnings are Bonnie Lee, President and Chief Executive Officer; Anthony Kim, Chief Banking Officer; and Ron Santarosa, Chief Financial Officer. Ms. Lee will begin with an overview of the quarter.
With us this morning, we have Southern Copper Corporation's Mr. Raul Jacob, Vice President, Finance, Treasurer and CFO, who will discuss the results of the Company for the fourth quarter 2020, as well as answer any questions that you might have. The information discussed on today's call may include forward-looking statements regarding the Company's results and prospects, which are subject to risks and uncertainties.
The dynamic is very different than the last four years in the Brady press briefing room
Baldwin was accused of misleading fans.
When it came to mounting the NBC half hour series Young Rock, getting it real, and getting it right, warts and all, was key for Dwayne Johnson and the actors portraying the younger version of the wrestler-action star and his family. Young Rock focuses on different chapters of Johnson’s life. From growing up in a […]
The UK could see another 50,000 deaths from coronavirus, a scientist advising the Government has warned after the grim milestone of 100,000 was reached. Boris Johnson insisted he takes “full responsibility” for the response to the pandemic and said “we did everything we could” to minimise suffering. Professor Calum Semple, who sits on the Government’s Scientific Advisory Group for Emergencies (Sage), predicted there could be tens of thousands more deaths.
In response to a proposed lawsuit, the Alberta government says Edmonton police paused the processing of bail documents during some Oilers games in 2018.
"We fully expect to answer to you and the American people for our failings on Jan. 6th," U.S. Capitol Police chief Yogananda D. Pittman said during a closed-door congressional hearing with the House Appropriations Committee
Shares of AMC Entertainment (NYSE: AMC) climbed 12.2% during regular market hours on Tuesday before soaring an additional 50% in after-hours trading. CEO Adam Aron said the cash would allow AMC to fund its operations "deep into 2021." AMC Entertainment's recent gains accelerated late on Tuesday.
China recorded its lowest daily increase in COVID-19 cases in more than two weeks, official data showed on Wednesday, suggesting aggressive measures implemented to curb a resurgence of the disease are working. The National Health Commission said 75 new confirmed cases were reported on Jan. 26, down from 82 a day earlier, and the lowest single-day rise since Jan. 11.
Joe Lombardi is hoping that his second stint as an offensive coordinator goes better than the first. Lombardi, who accepted the Los Angeles Chargers coordinator opening over the weekend, said on Tuesday the biggest thing he learned from his first opportunity in Detroit was that he needs to be more flexible when assessing his personnel and their abilities. Lombardi comes to Los Angeles after a second stint in New Orleans, where he was the quarterbacks coach for five seasons.
The riots have spread since the curfew came into effect on Saturday
A dog was left looking rather perplexed whilst wearing his new raincoat in San Francisco, California, prompting an apology from his owner.Footage taken by Twitter user @worldwydewayne shows the dog, Jasper, immobile and avoiding eye contact. “Jasper,” they say, laughing, “look at me. I’m sorry.” Credit: @worldwydewayne via Storyful
Australia's cricket board has cleared six spectators of racially abusing India bowler Mohammed Siraj during the third test at the Sydney Cricket Ground, Australian media reported on Wednesday. Cricket Australia (CA) launched an investigation with New South Wales Police after Siraj complained of hearing racist slurs while fielding near the boundary rope. CA's report on its investigation said it believed the players had been racially abused but investigators were unable to identify the culprits, the Sydney Morning Herald newspaper said, citing unnamed sources.