Dell recently released its quarterly results, exceeding expectations set by Wall Street analysts, mainly due to a significant 80% increase in server sales. The company reported a total revenue of $25.03 billion for the fiscal second quarter, surpassing the expected $24.53 billion. Adjusted earnings per share stood at $1.89, higher than the estimated $1.71. Net
Warren Buffett, at 94 years old, continues to lead Berkshire Hathaway, a conglomerate that has achieved unprecedented success in the market. Howard Marks, a distinguished investor, attributes Buffett’s success to his well-thought-out strategy, disciplined approach, and exceptional insight. Marks emphasizes that without these qualities, Buffett would not have become known as the greatest investor in
The Labor Day weekend box office is projected to be slow this year, with a total of around $3.6 billion, according to Comscore. The decrease in revenue can be attributed to the decision by studios to hold back major releases during the summer. Compared to last summer’s $4.09 billion, the current summer’s take is significantly
Marvell Technology experienced an 8% surge in after-hours trading after reporting better-than-expected revenue in the latest quarter. While this may seem like a positive sign for the company, it is important to note that Marvell is still down 18% from its March high. Furthermore, the fact that the stock closed 6.4% lower on Thursday raises
Typhoon Shanshan wreaked havoc across large parts of Japan, bringing torrential rain that led to warnings of flooding and landslides hundreds of miles away from the storm’s center. The southwest region of Kyushu bore the brunt of the storm, with authorities describing it as potentially one of the strongest storms to hit the area. In
The Bank of Israel is facing a challenging decision regarding its short-term interest rates in light of rising price pressures and persisting geopolitical risks. Deputy governor Andrew Abir has expressed that it is unlikely for the central bank to lower interest rates at its remaining policy meetings in 2024. Despite holding the benchmark interest rate
Poland’s largest opposition party, the nationalist Law and Justice (PiS), faced a major setback when the electoral commission announced its decision to revoke millions in state funding due to the misuse of public funds for campaigning. This decision came as a blow to PiS, which had emerged as the top party in the 2023 general
The discount retailer Dollar General faced a major setback as its shares plummeted nearly 30% due to the company slashing its sales and profit guidance for the full year. CEO Todd Vasos attributed the softer sales trends to financially constrained core customers. This disappointing performance also had a negative impact on competitor Dollar Tree, whose
Universal has officially set the release date for the highly anticipated Pharrell Williams-Michel Gondry musical feature “Atlantis” on May 9, 2025. The film is inspired by Williams’ own childhood experiences at the Virginia Beach Atlantis Apartments in the summer of 1977. This setting and time period promise a unique and nostalgic backdrop for the story
Serbia’s President, Aleksandar Vucic, is set to meet with French President Emmanuel Macron in Belgrade to discuss various important issues. Among these topics are the potential purchase of Rafale fighters made by Dassault Aviation, as well as cooperation in the fields of energy and artificial intelligence. This visit comes amidst Serbia’s efforts to navigate its