Tag: expects
Tesla Inc. Chief Executive Elon Musk said late Tuesday he foresees “a year of difficulty” for the global economy, with “lots of companies” going bankrupt, and said that the EV maker will not be immune to the downdraft.
Q&A: What VRdirect’s Rolf Illenberger expects from Apple Reality
In a pattern we’ve seen in the prelude to every significant Apple product introduction, we’re reading the usual negative reporting. To understand the market Cupertino is getting into a little better, I spoke with Rolf Illenberger, managing director of VRdirect.
Illenberger’s company builds VR software for enterprise clients such as Siemens, Porsche, and Nestle. He believes Apple’s decision to enter the market now (presumably at next month’s Worldwide Developer Conference) reflects a desire to stake a claim in the enterprise VR space, as it’s too early yet to make a consumer play. Beyond the edge, most consumers still need to be convinced they need this stuff.
AMD says Q1 revenue fell 9% to $5.35B but expects better second half
Advanced Micro Devices reported that revenue in its first quarter was $5.35 billion, down 9% from a year earlier as the PC market slowed down.
: IBM expects to pause hiring for thousands of jobs that can be done by AI: report
The CEO of International Business Machines Corp. expects to pause the hiring of thousands of people for positions that could be replaced by artificial intelligence in the coming years, according to a new report.
The Tell: Debt ceiling worries are growing in financial markets. Here’s what Pimco expects to happen.
Congress and the White House are likely to reach a deal to lift the U.S. debt ceiling, but only at the last minute, according to bond giant Pimco.
Newcrest’s Q3 gold, copper output drops but expects to meet full-year guidance
Earnings Results: CSX expects shipping prices to stay elevated this year, despite clouds over economy
Shares of CSX Corp. rose after hours on Thursday after the railroad giant’s first-quarter results beat expectations.
NASA expects retired solar satellite to make an uncontrolled deorbit within the next 22 hours
The Reuven Ramaty High Energy Solar Spectroscopic Imager, usually called Rhessi, was launched into orbit on February 5, 2002, to allow NASA to monitor solar flares. During its 16-year mission, Rhessi recorded over 75,000 solar flares. Rhessi spotted the first “X-class flare” (the strongest type) on April 21, 2002. The…