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Technology sector
China blocks use of Intel and AMD chips in government computers
...The state-led march away from foreign hardware will dent US companies in China, starting with the world’s dominant PC processor makers, Intel and AMD....
March 24, 2024
Moral Money
Investors pressure Nike on wages allegedly owed to factory workers Premium content
...The campaign on labour rights is yet to significantly dent the company’s image....
September 11, 2023
Letter
Letter: It costs a lot of money to feel comfortably off in US
...Medicare doesn’t pay for many of the services a 71-year-old like myself will need. The complications of the medical/insurance system create confusion and stress for many older Americans....
February 2, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...If the US raises interest rates again this year, higher car financing costs could further dent demand....
April 23, 2024
TikTok Inc
US Congress approves bill banning TikTok unless Chinese owner sells platform
...TikTok is expected to bring legal action to block the legislation after a lobbying campaign failed to dent congressional support for the bill....
April 24, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...If TikTok is banned, it will dent Yass’s fortune, said Li Chengdong, head of internet think-tank Haitun....
April 24, 2024
Inside BusinessRichard Waters
Apple faces the most disruptive threat it has seen in the iPhone era
...None of this has made even the smallest dent in the iPhone. Yet if Apple seems well positioned, it needs to move fast....
March 1, 2024
Tesla Inc
Tesla’s EV deliveries fall short of lowered expectations
...It added that it continued to expect 1.8mn deliveries for the year as a whole, requiring volume in the fourth quarter to rebound to around 475,000....
October 2, 2023
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...But those outlays put only a small dent in Berkshire’s cash pile, which continues to climb. It hit a record $167.6bn at the end of 2023, up $39bn over the course of the year....
February 24, 2024
FT Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...But those outlays put only a small dent in Berkshire’s cash pile, which continues to climb. It hit a record $167.6bn at the end of 2023, up $39bn over the course of the year....
February 26, 2024
Moral Money
Sustainable investors confront political uncertainty Premium content
...investments amid uncertainty One of Australia’s largest pension funds is broadening its sustainable assets to include smaller-scale projects such as battery storage as political uncertainty threatens to dent...
January 26, 2024
Due Diligence
Elon Musk gets squeezed in Delaware Premium content
...Varallo convinced a Delaware judge that Musk’s $56bn pay package at his electric-car company Tesla should be voided, landing a massive dent in the billionaire’s net worth (don’t worry, he’s still rich)....
February 2, 2024
Microsoft Corp
Microsoft’s edge in AI pays off while Google tries to catch up in the cloud
...Although accounting for only 11 per cent of Alphabet’s revenues, and despite better than expected results from the company’s advertising business, the cloud results were enough to dent Alphabet’s stock after...
October 25, 2023
Apple Inc
Apple unveils iPhone 15 as it tries to lure consumers into upgrading
...Meanwhile, the company’s biggest rival in China, Huawei, just released a new flagship phone that threatens to dent Apple’s market share....
September 12, 2023
HTSI
Exploring beauty’s biotech frontier
...The active ingredient is used in La Roche Posay’s Lipikar Eczema Med cream....
October 24, 2023
Hedge funds
Hedge funds lose $6bn betting against cruise lines and hotels
...Rising revenues have also allowed them to begin making a dent in their debt piles, though Greg Johnson, analyst at Shore Capital, said Carnival remained “a very leveraged business”....
August 4, 2023
News in-depthInstacart Inc
Instacart IPO is latest stop on Fidji Simo’s Silicon Valley ascent
...Shoppers using rival food delivery services tended to make smaller purchases, and competitors were “not making any dent” on Instacart’s larger — and therefore more profitable — orders, she added....
September 22, 2023
ETF HubLatest news on ETFs
‘Star’ fund managers jump into ETF space
...ETFs, even actively managed ones, tend to be cheaper than mutual funds, so any wholesale switch could dent fund houses’ revenue....
July 7, 2023
ReviewFilm
Flamin’ Hot review — Eva Longoria directs a spicy rags to riches tale
...With the movie staged as a salute to authenticity, harsh truths soon dent the cute foreshadowing of childhood (mom’s burritos hawked at school). The teenage Montañez is dogged by racism and poverty....
June 8, 2023
Jupiter Fund Management PLC
Asset manager Jupiter suffers outflows for fifth consecutive year
...Beesley cautioned that there was “market uncertainty ahead” that tended to dent retail investors’ confidence in particular....
February 24, 2023
Pfizer Inc
Pfizer forecasts weak sales as demand for Covid products slows
...Pfizer said reduced demand for Covid products would dent sales of its vaccine and antiviral treatment Paxlovid, which are forecast to fall to $13.5bn and $8bn this year respectively, compared with $37.8bn...
January 31, 2023
News in-depthSocial Media
Social media platforms brace for hit to user numbers from age checks
...“[Tech companies’] worry is that by doing it, they are going to end up with a much smaller audience number for advertisers, which is going to massively dent their revenues,” said Tony Allen, chief executive...
January 15, 2023
LexTesla Inc
Tesla/China: recalls draw attention at a risky time Premium content
...That is the equivalent of just a month’s output from its Shanghai plant. It is unlikely to leave a noticeable dent in the around $4bn of quarterly sales it makes in the country. But the timing is bad....
November 25, 2022
US equities
Tesla share slide sends valuation below ExxonMobil
...Analysts at Evercore ISI warned this week that softening demand could cause Wall Street to shift its focus from growth to profitability at the company, potentially putting a further dent in a valuation that...
December 20, 2022
News in-depthUS retail
Clothing retailers set for discount battle to clear inventory glut
...But inflation is beginning to dent demand, with 85 per cent of American adults saying rising prices have changed the way they shop, pushing consumers to hunt for deals, discounts and coupons or simply to...
September 18, 2022

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