Manchester United recorded the highest revenues in the club’s history last season despite not competing in the Champions League, yet still posted a sixth consecutive annual loss. The Old Trafford club’s 2024-25 financial results reveal that total revenues stood at £666.5m after significant increases in matchday and commercial income. Matchday takings rose to £160.3m — a record for an English …
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Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President Donald Trump, and said the money would be used first to start paying down the federal debt, not to give rebate checks to Americans. Bessent, speaking in an interview on CNBC’s “Squawk Box,” said he expected …
Read More »Nvidia AMD 15% of China chip sales revenues to U.S. FT reports
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | Reuters Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House. In exchange …
Read More »IBM Shares Slide After Q2 Results: EPS Beat, Revenues Beat
International Business Machines Corp. (NYSE:IBM) released its second-quarter results after Wednesday’s closing bell. Here’s a look at the details from the report. The Details: IBM reported quarterly earnings of $2.80 per share, which beat the Street consensus estimate of $2.64. Quarterly revenue came in at $16.977 billion, which beat the consensus estimate of $16.576 billion. Read Next: Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim …
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