targets
Investing.com — Shares of STMicroelectronics fell on Wednesday after the company announced a delay in its long-term financial targets. The semiconductor manufacturer extended its ambitious goal of achieving $20 billion in revenue and a gross margin of around 50% to 2030, a shift from its previous target of 2025-2027. The…
Chinese Apple rival Xiaomi’s big bet on EVs looks like it is paying off.The SU7 EV has proven a hit in China, and even attracted praise from Ford CEO Jim Farley.The tech giant said it surpassed its 100,000 annual sales target for the SU7 by November.Xiaomi’s SU7 has got the…
By Nichola Groom and Nina Chestney (Reuters) – After a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere, marking a setback for efforts to…
By Stephen Nellis (Reuters) -Apple beat Wall Street sales and profit expectations on Thursday for its fiscal fourth quarter, bolstered by strong early sales of iPhone 16, a set of phones designed for new AI features that was released near the end of the quarter. Apple (NASDAQ:) said sales were $94.93…
The US Marine Corps conducted its fourth test of its new experimental unmanned combat aerial vehicle.The XQ-58A Valkyrie sensed and transmitted target data for a force of F-35 stealth fighters.The test pushed the manned-unmanned teaming concept “a step further” for the entire joint force, an official said. The US Marines…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million users, and said it expected higher customer growth around the holidays when Korean drama “Squid Game” returns. Shares of Netflix (NASDAQ:)…
Israel is intensifying its military campaign in Lebanon, where the Israel Defense Forces said it was stepping up targeted strikes on Hezbollah positions.The IDF warned civilians in the area to stay away from potential Hezbollah targets, for their “own safety.””This is an advanced warning for your own safety and the…
By David Stanway SINGAPORE (Reuters) – More than 40% of major companies, cities and regions have still not set any targets to cut greenhouse gas emissions, according to an annual “stocktake” released on Monday to gauge global progress in the fight against catastrophic climate change. While more governments and enterprises…
ServiceNow (NYSE: NYSE:), during its recent earnings call, outlined an ambitious goal to become the most valuable enterprise software company by 2030, with CEO William McDermott highlighting the company’s innovation and culture as key drivers. McDermott emphasized the success of the Xanadu release and the introduction of RaptorDB, along with…
The UK wants to let Ukraine use its Storm Shadow missiles on Russian soil, but isn’t giving Kyiv permission out of concern that the US won’t back the call, according to multiple reports.The Telegraph and the Financial Times reported Tuesday that London officials have privately been asking the US for…
