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...Andy Jassy, Amazon’s chief executive, sold $21.1mn of stock this year, compared to $23.6mn in 2023 and 2022 combined....
...Consequently, GAAP EPS was down 53 per cent year-on-year, accelerating from the 23 per cent drop in the first quarter of 2023. Even using non-GAAP EPS it’s a 47 per cent decrease over the past year....
...On Wednesday, Epic disclosed an email dated February 23 in which Apple executive Phil Schiller requested “written assurance” from Epic that it was “acting in good faith” with Apple, and confirmed the termination...
...Net income was $23.7bn, up 57 per cent from $15.1bn in the same period a year earlier, beating analysts’ consensus of $19.1bn....
...First-quarter revenue fell to $21.3bn from $23.3bn in the same period last year, missing analysts’ expectations for $22.3bn....
...Samsung, which launched its latest flagship Galaxy S24 phone in January, had a 23 per cent share after shipments fell just under 1 per cent year on year to 60.1mn....
...The median stock turnover ratio on the Aim All Share — daily volume as a proportion of shares outstanding — was 0.07 per cent since the start of 2021 compared with 0.23 per cent for FTSE 100 companies....
...As the Russells unveil their new seaside estate in Newport, Rhode Island, their neighbour on Fifth Avenue, Agnes van Rhijn (a terrifically cutting Christine Baranski), reels from the revelation that her...
...Musk’s pivot to moonshots since then has been dramatic, so Tesla’s first-quarter results due April 23 are probably going to be awful....
...The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...However, net inflows of $57bn disappointed, as investors remain cautious about leaving cash to go back into equity and debt markets while the US Federal Reserve keeps interest rates at a 23-year high....
...Raghavan, 57, is a 23-year veteran of JPMorgan Chase, the largest investment bank globally, and had been promoted to sole head of investment banking last month....
...Its $23.9bn of revenue in 2023 is about 15 per cent lower than a decade ago. Full-year net income of $105mn ranks among the lowest in two decades. Only 2009 and 2020 were worse....
...Liberty Steel reduced output at its rolling mill in Newport, South Wales in 2022 and in January this year idled the plant as part of a UK-wide restructuring....
...The work was most recently on show in the 2022-23 Surrealism and Magic: Enchanted Modernity exhibition at the Peggy Guggenheim Museum, Venice, and Museum Barberini in Potsdam....
...But the outlook for big banks has improved with the market now only expecting the Fed to make between two and three rate cuts over the course of 2024 from their current 23-year high of 5.25 per cent to 5.5...
...While the total has fallen since 2021, it accounted for 23 per cent of deals — the largest of any sector....
...A law firm consultant said a managing partner of a top firm once called his Newport, Rhode Island, holiday home, “the house that Citi built”, because of the deal he got on his mortgage....
...EM equity ETFs sucked in $28.2bn, an increase of more than 20 per cent on the previous record set in January of $23.3bn and a third of the $85.5bn in total captured by equity ETFs globally during the month...
...Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
...A version of this article was first published by Nikkei Asia on April 2 2024. ©2024 Nikkei Inc. All rights reserved....
...(As a reminder, she shed 23 per cent in 2021 — ouch — and a further 67 per cent in 2022 — double ouch.) Her style and process are clearly not for everyone....
...Apple’s services business, which includes the App Store, iCloud, Apple Pay and Apple TV, recorded $23.1bn in revenue for the quarter, up 11 per cent from $20.7bn the year before, continuing to increase its...
...Full-year revenues were $307bn, up 22 per cent, while net income was $73.8bn, up 23 per cent. Alphabet shares hit record highs this month amid a broader surge in tech stocks....
...Mortgage rates have risen sharply in recent months, rising from 6.48 per cent at the start of the year to a 23-year high of 7.79 per cent last week, according to Freddie Mac....
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