Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales. A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times have changed. This spring, fast-casual …
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Cava trims sales outlook, stock tumbles as CEO says consumers are navigating a ‘fog’ – MarketWatch
Cava trims sales outlook, stock tumbles as CEO says consumers are navigating a ‘fog’ MarketWatch Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Cava’s shares crater after first annual sales growth target cut since IPO Reuters Cava Cuts Outlook on …
Read More »Cava Stock Plunges on Lowered Sales Growth Outlook – Barron's
Cava Stock Plunges on Lowered Sales Growth Outlook Barron’s Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava’s shares crater after first annual sales growth target cut since IPO Reuters Cava Cuts Outlook on Weak Second Quarter as Consumers Face …
Read More »Trump screwed over Nvidia’s Chinese sales, then let them happen
Hello there, world! Welcome to the first issue of Regulator, a newsletter about the collision between Big Tech and Washington. If you enjoy this, consider subscribing to get this newsletter weekly and everything The Verge has to offer. For anyone who subscribed via our Instagram announcement: I am so, so sorry that I didn’t use the proper song to announce …
Read More »Remedy “unsatisfied” with FBC: Firebreak sales, as subscription console players exceed those on PC
Remedy is “unsatisfied” with the sales of its live-service shooter FBC: Firebreak, as the game underperformed on Steam. As part of the company’s half year financial report, CEO Tero Virtala stated Remedy’s revenue increased by 63.5 percent, with game sales increasing due to the release of FBC: Firebreak. The launch succeeded technically and had over a million players in its …
Read More »Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China | China
Donald Trump has suggested he might allow Nvidia to sell chips in China that are more technology advanced than currently permitted, despite deep-seated fears in Washington that Beijing could harness US artificial intelligence capabilities to supercharge its military. In a briefing on Monday, the president suggested he could “make a deal” for Nvidia to sell a downgraded version of its …
Read More »Trump opens door to sales of version of Nvidia's next-gen AI chips in China – Reuters
Trump opens door to sales of version of Nvidia’s next-gen AI chips in China Reuters U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China The Guardian Nvidia and AMD will give US 15% of China sales. But Chinese …
Read More »Nvidia, AMD agree to pay U.S. government 15% of A.I. chip sales to China – The Washington Post
Nvidia, AMD agree to pay U.S. government 15% of A.I. chip sales to China The Washington Post U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times Chip giants Nvidia and AMD to pay 15% of China revenue to US BBC U.S. government imposes fee on Nvidia, AMD exports to China Axios Nvidia and AMD to …
Read More »U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China – The New York Times
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times Nvidia and AMD to pay 15% of China chip sale revenues to US government Financial Times Nvidia, AMD exports to China will reportedly face 15% fee Axios Nvidia, AMD Agree to Pay US 15% of China Chip Sale Revenue Bloomberg.com Nvidia and AMD to pay 15% …
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 …
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