NVIDIA announces preliminary financial results for the second quarter of fiscal 2023

Prelim second quarter revenue of $6.70 billion versus an outlook of $8.10 billion Shortfall versus outlook primarily due to weaker gaming revenue Management to discuss financial results and outlook on August 24 conference call NVIDIA (NASDAQ: NVDA) today announced select preliminary financial results for the second quarter ended July 31, 2022. … Read more

How a four-day week could be better for the climate

Comment on this story comment Reducing the workweek to four days could benefit the climate, advocates say. In addition to improving workers’ well-being, they say that reducing working hours can reduce carbon emissions. You could call it a “potential triple dividend policy, something that can benefit the economy, society and also the environment,” said Joe … Read more

Start experimenting with Google Lens

This morning I was looking idly through my Twitter feed and came across a discussion about: Recent Starbucks Hiring of a Former Pinkerton Intelligence Analyst, which sparked a discussion about the Pinkertons’ history as strikebreakers, leading to a 19th-century illustration of a mob of women confronting uniformed men with guns. Curious about the source of … Read more

Bank of America, Disney and Uber all look like bargains

The 2022 sell-off in stock markets has taken a bullish turn of late, with major indexes up double digits from their June lows. Whether this is just a bear market rally or the start of a sustained performance turnaround remains to be seen with hindsight. In any case, the declines have created some attractive opportunities … Read more

Grocery delivery demand cools as food costs rise

Karen Raschke, a retired attorney in New York, began getting her groceries delivered early in the pandemic. Each delivery cost $30 in fees and tips, but it was worth avoiding the store. Then, earlier this spring, Raschke learned her rent was increasing by $617 a month. Delivery was one of the first things she cut … Read more

Bridgewater defends itself against Chinese all-weather imitators

SHANGHAI/NEW YORK, Aug. 8 – Billionaire hedge fund manager Ray Dalio’s tremendous popularity in China has not only attracted local investors to flock to his funds, but also domestic challengers who have embraced his “all weather” strategy and – Brand use to try this beat him at his own game. Now the Connecticut-based hedge fund … Read more

Video game giants had a miserable second quarter as the pandemic gaming boom hit a wall

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The video game giants saw their sales decline in the second quarter as the initial tailwind of the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted disappointing results … Read more

Video game giants had a miserable second quarter as the pandemic gaming boom hit a wall

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The video game giants saw their sales decline in the second quarter as the initial tailwind of the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted disappointing results … Read more

Bankrupt crypto lending platform Celsius withdraws request to hire CFO at $92,000 a month

Celsius was sued by former investment manager Jason Stone on Thursday as pressure continues to mount on the company amid cryptocurrency price crashes. Among other things, Stone has claimed that Celsius CEO Alex Mashinsky (above) “has been able to significantly enrich himself.” Piaras Ó Midheach | Sportsfile for Web Summit | Getty Images Embattled lending … Read more