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Business
European Central Bank Raises Rates Again, but Only a Quarter Point
The slowdown in monetary tightening comes as traders bet other major central banks, notably the Federal Reserve and the Bank…
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Business
Ford Reports $1.8 Billion Profit in Quarter
Ford Motor Co. made a profit of $1.8 billion in the first three months of 2023 as a result of…
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Gaming PC
A Record Losing Quarter Goes Better Than Expected
As we begin our coverage of the tech industry’s first earnings season of the year, we’ll start, as usual, with…
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Business
G.M.’s Profits Fell 18.5 Percent in the First Quarter
General Motors reported an 18.5% decline in first-quarter earnings, largely due to job cut costs and slowing new car sales…
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Technology
Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
Tesla has seen its profits fall sharply in the first three months of the year after cutting the price of…
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Video Games
PlayStation 5 Boasts Best Quarter Yet After Huge Increase in Sales
Sony’s video game division is experiencing its best quarter since the launch of the PlayStation 5, boasting significant increases in…
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Gaming PC
Nvidia GeForce RTX 4070 Specs Leak: AD104 Cut by a Quarter
Famous hardware leaker @kopite7 you Preliminary specs for Nvidia’s upcoming GeForce RTX 4070 (non-Ti) graphics card have leaked out. According…
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Gaming PC
Global DRAM Revenue Dropped 30% Last Quarter in Unprecedented Crisis
Due to sluggish demand for personal computers and home appliances, sales of memory are declining due to inventory adjustments by…
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Cryptocurrency
Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
Coinbase reported third-quarter earnings after the November 3 bell, with third-quarter earnings of $590.3 million, down from $1.31 billion in…
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Gaming PC
Seagate to Cut 3,000 Jobs Amid Poor Quarter, Charges of Export Violations
seagate thursday announced plans to cut hard drive production and cut 3,000 jobs due to the significant drop in demand…
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