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Business Outlook

All articles tagged with #business outlook

business-technology2 years ago•30 min saved

"Intel's 2023 Q4 Earnings: Results, Outlook, and Stock Analysis"

Intel reported fourth-quarter revenue of $15.4 billion, up 10% year-over-year, and full-year revenue of $54.2 billion, down 14% year-over-year. The company's fourth-quarter earnings per share (EPS) attributable to Intel was $0.63, with a non-GAAP EPS of $0.54, while full-year EPS was $0.40, with a non-GAAP EPS of $1.05. Intel forecasts first-quarter 2024 revenue of $12.2 billion to $13.2 billion, with an expected first-quarter EPS attributable to Intel of $(0.25) (non-GAAP EPS of $0.13). The company highlighted progress in its transformation, operational efficiencies, and advancements in its product offerings, including AI capabilities and processor performance.

via Investor Relations :: Intel Corporation (INTC)|

#business-outlook #business-technology #earnings

business3 years ago•2 min saved

U.S. Business Confidence in China Hits Rock Bottom - Survey Reveals

The proportion of US businesses optimistic about their five-year outlook in China has fallen to a record low, according to a survey by the American Chamber of Commerce (AmCham) in Shanghai. Even after the easing of COVID restrictions, only 52% of surveyed firms expressed optimism, the lowest level since the survey began in 1999. Geopolitical tensions and China's economic slowdown were cited as top challenges, with concerns over the transparency of China's regulatory environment growing. Many companies are redirecting or considering redirecting investments away from China, mainly to Southeast Asia.

via Reuters|

#business #business-outlook #economic-slowdown