Tesla posts record quarterly profit amid challenges, offers sunny outlook
Tesla Inc. late Wednesday reported mixed fourth-quarter results, with revenue slightly below Wall Street expectations, but injected some optimism in its… Source
January 2023
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Chevron raises dividend by 6%, announces $75 billion stock buyback
Chevron Corp. said late Wednesday that its board has approved a dividend increase of 6% to $1.51 a share, payable March 10 to shareholders of record as of… Source
Facebook to allow Trump back on platform after 2-year ban
Facebook parent Meta Platforms Inc. will restore former President Donald Trump's Facebook and Instagram accounts. Source
STMicroelectronics revenue, profit jump on automotive, microcontrollers strength
The European chip maker STM IT:STM said net revenue climbed to $4.42 billion compared with $3.56 billion in the 2021 fourth quarter Source
SAP to cut nearly 3,000 Jobs, weighs Qualtrics stake sale
German software company said it would book most of 250 million euros to 300m euros ($272.9 million – $327.4 million) in restructuring costs in current quarter. Source
German Ifo business sentiment hit seven-month high in January
Business optimism in Germany is returning amid easing concerns over an imminent recession, according to the Ifo business-climate index. Source