losses

The Australian share market closed higher Tuesday as a late rally in financial stocks offset sharp losses in the materials sector.The S & P/ASX200 gained just 0.1 per cent, or 7.8 points, to reach 6,780.7. The All Ordinaries also rose,…

Two important financial results were released today in the listed technology world. Zomato’s revenue rose 70% as it cut losses during the fourth quarter of FY23 while logistics and supply-chain firm Delhivery’s losses rose during the…

The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019.Chesnot | Getty ImagesDisney shares fell nearly 9% Thursday after the company reported subscriber losses at Disney+ during the most recent quarter.The company, which…

SALINAS – Between January and March, the Monterey County Agricultural Commissioner’s Office is estimating that torrential weather generated $600 million in damages, losses and future impacts to the local agricultural industry. After…

The Tories suffered major losses in Rishi Sunak’s first electoral test as Prime Minister, with Labour claiming the results suggest Sir Keir Starmer will be able to replace him in No 10. The Liberal Democrats…

Microsoft-backed generative artificial intelligence (AI) platform OpenAI’s losses nearly doubled to $540 million last year as the startup worked on ChatGPT for which it had to hire key employees from Google, US-based tech publication The…

Microsoft chief economist Michael Schwarz on Wednesday warned the potential risk of “bad actors” using artificial intelligence (AI) should be more concerning than the possible loss of human jobs to the rapidly emerging tech.  “I’m…

SAN FRANCISCO —  The expected annual cost from earthquake damage for California is climbing sharply amid an increase in property values and better understanding of how soft soils could result in greater damage during shaking. California…

Comcast topped analyst expectations with its first-quarter earnings report Thursday, despite the cable and media giant's residential broadband business's slowing growth and mounting Peacock losses.Shares of the company closed 10% higher…

Ecommerce giant Amazon saw its net sales from international operations remain largely flat at $29.1 billion for the quarter ended March 2023. During the same quarter of the previous year, the Seattle-based company had recorded net sales of…