TAIPEI, Aug 10 (Reuters) - TSMC, the world's biggest contract chip maker, posted a 5.6 percent fall in July sales from a year earlier.
Following are details of the sales: JULY Y/Y % YR-TO-DATE Y/Y % Sales (T$ bln) 76.39 -5.6 501.7 -1.3 (US$ bln) 2.45 For a table on TSMC's website, see http://link.reuters.com/zen56t (Reporting by Faith Hung; Editing by Subhranshu Sahu)
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. CEO Robert Jordan said the airline was reacting quickly “to address our financial underperformance," including by slowing down hiring and asking employees to take time off.
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
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Its adjusted quarterly loss was worse than expected despite record operating revenue fueled by strong travel demand.
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You'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company.
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of