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Sony raises guidance on gaming strength, quarterly operating profit beats estimates

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday 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 […]

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance

Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance. […]

Standard Chartered’s US$931 million quarterly net profit beats estimates

Standard Chartered, one of Hong Kong’s three currency-issuing banks, reported better-than-expected profit for the third quarter, driven by its wealth management and global banking units. Net profit for the three months to September came in at US$931 million under international accounting rules, beating forecasts of US$886 million. The London-based bank, which generates much of its […]

How open source AI can improve population estimates, sustainable energy, and the delivery of climate change interventions

Data for Good at Meta is open-sourcing the data used to train our AI-powered population maps.  We’re hoping that researchers and other organizations around the world will be able to leverage these tools to assist with a wide range of projects including those on climate adaptation, public health and disaster response. The dataset and code […]