analysts' comments

Graphics chip maker Nvidia Corp. NVDA -4.54% issued a muted outlook and reported a sharp decline in quarterly sales, driven by waning consumer demand for its videogaming chips after a pandemic-fueled boom and the onset of the cryptowinter.America’s largest chip company by value on Wednesday said revenue fell 17% to $5.93 billion after gaming-segment sales more than halved in its fiscal third quarter. Net profit was $680 million. The sales were above expectations in a…

Home Depot’s revenue came in at $38.87 billion, topping analyst estimates of $37.95 billion. Photo: Sarah Silbiger/Bloomberg News…

Mr. Tyson, the 32-year-old son of the meat giant’s chairman, was arrested on Nov. 6 for criminal trespass and public intoxication, according to a Fayetteville Police Department report. He was found asleep in the wrong Fayetteville, Ark., home, according to the police report. “I’m embarrassed and I want to let you know that I take full responsibility for my actions. I also want to apologize to our investors, as I have to our employees,” Mr. Tyson said on a Monday conference call discussing Tyson’s most recent quarterly…

Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter Inc., Lyft Inc. and other large tech employers. Kathy Zhu said she is lining up candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. They include prospects from “two or three companies that just had big layoffs,” she said. Flush with investor capital,…

Advanced Micro Devices Inc. AMD -0.67% issued a glum sales outlook for the current quarter and said it would cut spending as the chip maker responds to a deep slump in demand for consumer products.AMD Chief Executive Lisa Su said the company was cutting expenses in businesses that weren’t doing as well to adapt to the soft demand outlook. She didn’t quantify the amount of the cuts on a call with analysts Tuesday after the company issued…

BERLIN— Volkswagen AG reported a 29% drop in net profit in the third quarter as the war in Ukraine, supply-chain woes and the company’s struggle to turn around its software business hit earnings and sales. With the global economy weakening, forcing auto makers and analysts to curb forecasts on new-car demand, VW told reporters on Friday that it would nevertheless maintain an ambitious profit outlook because it has largely been able to offset rising costs…

Facebook parent Meta Platforms Inc. META -6.23% is expected to show continued struggles to push through challenging business conditions that have combined to shave more than half a trillion dollars from its market value so far this year.Because of the tough macroeconomic climate, growing competition from rival TikTok and the fallout from Apple Inc.’s ad-tracking changes, analysts predict Meta will post its second revenue decline in a row…

Kraft Heinz Co. KHC 1.48% posted higher sales during the latest quarter after raising prices to offset surging costs. The Pittsburgh-based maker of Kool-Aid and Jell-O said sales rose 2.9% to $6.51 billion in the third quarter, as it pushed prices 15.4% higher from a year ago in a bid to manage rising input costs. Analysts polled by FactSet had been expecting $6.27 billion. The company reported a drop in volume from the…

Twitter Inc. TWTR -4.86% has struggled for most of its history to make a profit. If Elon Musk completes his $44 billion acquisition of the social-media platform, one factor will make that harder: the money he borrowed to fund the transaction.As part of the deal, Twitter will add about $13 billion of debt. Analysts estimate, based on terms previously laid out in documents related to the transaction, that Twitter would be on the hook for…

AT&T said that it has added more than 2.2 million wireless subscribers through three quarters. Photo: Ron Adar/Zuma Press…