World

Gaming giant raises FY sales guidance

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03 trillion yen expected. …

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Vitol eyeing metals market as oil demand to peak in 10 years, CEO signals

Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader. “The petroleum, the oil business, we still think it will reach a peak at some …

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Galatasaray vs. Tottenham odds, picks, how to watch, stream, time: Nov. 7, 2024 UEFA Europa League prediction

UEFA Europa League action continues as Galatasaray host Tottenham Hotspur on Thursday on Paramount+. The Turkish giants sit atop the Super Lig table with a 9-1-0 record, and they have impressed in UEL play with two wins and one draw through Matchday 3. Spurs are seventh in the Premier League standings after dropping two of their last four domestic matches …

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China expected to announce highly anticipated fiscal stimulus package

Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024. Feature China | Future Publishing | Getty Images BEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting. Authorities here have ramped up stimulus announcements since late September, fueling a stock rally. President Xi …

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How Samsung fell behind in the AI boom behind rival SK Hynix

A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday, April 4, 2024.  SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics was once the dominant player in a type of semiconductor known as memory, putting it in a great position to capitalize on the boom of artificial intelligence. But the South …

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NWSL Playoffs: Temwa Chawinga and Barbra Banda help league go global, stay competitive in women’s soccer

A few weeks before Vlatko Andonovski was unveiled as the new Kansas City Current head coach and sporting director in Oct. 2023, he was already on a business trip. Andonovski was in South Africa for the COSAFA Women’s Championship, an annual competition held for 14 national teams in the southern section of the continent. Malawi made history by winning their …

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Block (SQ) earnings Q3 2024

Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses as investors focused more on profitability metrics. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue: $5.98 billion vs. $6.24 billion …

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