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Micron sales, profit miss estimates as chip glut hurts prices
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(Reuters) – U.S. chipmaker Micron Technology Inc (MU.O) gave on Tuesday quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening. Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their fair booth at […]

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Starbucks sales growth to be steady despite UberEats deal, plans for China expansion
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FILE PHOTO: A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California, United States, October 27, 2015. REUTERS/Lucy Nicholson/File Photo (Reuters) – Starbucks Corp (SBUX.O) said on Thursday it was partnering with UberEats for delivery from about 3,500 U.S. stores and would nearly double its outlets in China […]

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HP Inc results boosted by PC sales as it waits for 3D manufacturing to take off
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HP Inc has reported 13% growth in business for the second quarter of 2018, compared with the equivalent period in 2017, boosted by commercial PC sales. Its second-quarter 2018 SEC filing showed that commercial PC net revenue increased by 16%, while consumer net revenue rose by 10%. Shipments of both notebooks and desktop PCs increased […]

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Tesla: Tsunami Of Sales And Profits In Q3
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Bullish expectations for Q3 This article explores the bullish projection that Tesla (NASDAQ:TSLA) is about to become profitable in Q3. Among the expectations discussed below are that Tesla Model 3 sales in Q2 will be 20,000 cars fewer than production due to federal tax credit rules. This will appear to be poor sales, but in […]

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