Expectations

A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California.Justin Sullivan | Getty Images News | Getty ImagesLevi Strauss on Thursday reported quarterly revenue and earnings that came in above Wall Street expectations, as the clothing company known for its denim said it benefitted from Americans opting for more relaxed dress codes.The San Francisco company increased its quarterly dividend and stood by its guidance for the year. Its shares were up about 4% at $17.08…

PlayStation 5 MSRP $500.00 “Sony's PlayStation 5 is the next-gen console to buy this generation.” Pros Speedy hardware Excellent game load times Attractive design Several enticing next-gen titles New controller with enhanced haptics Cons Limited…

Memory-chip firm Micron Technology announced a significantly weaker than expected business outlook on Thursday, raising concern that following nearly two years of strong demand, the industry was turning towards a down cycle.Micron forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 crore), while Wall Street's outlook was an average of $9.05 billion, according to Refinitiv IBES data.“We believe that demand has weakened considerably and…

Inflexion Games CEO and former BioWare general manager Aaryn Flynn has said studios need to be more clear to players with post-release schedules, especially in a post-pandemic environment. Flynn made the comments in an interview with VGC published yesterday (June 18), with his current studio, Inflexion Games, working on the upcoming Nightingale. “I think players are ultimately pretty fair. They want games to be great, they want them to be polished, and they want experiences to be respectful of their time,” explained…

Credit: Unsplash/CC0 Public Domain Most of the Spanish population is pessimistic about the future climate actions by the government and citizens after the impact of COVID-19. This is the conclusion of a study carried out by researchers at the Institute of Environmental Science and Technology of the Universitat Autònoma of Barcelona (ICTA-UAB), which seeks to determine how the COVID-19 crisis has affected society's attitude…

Samsung Electronics is reportedly looking to reevaluate its expectations in terms of global sales, resulting in the company reducing or putting at least some orders for components in its products on hold. According to industry sources, that’s not just for its televisions and home appliances or other categories either. The company is also reducing orders for components needed in smartphones.Are Samsung sales going to slip or are the new expectations for component orders part of a new normal?Now, the fine details about…

Oracle sales rose in the latest quarter, soothing concerns about the business-software giant’s outlook against a backdrop of economic uncertainty affecting technology companies.The Austin, Texas-based company said companywide revenue was up 5% to $11.84 billion in its fiscal fourth quarter, while total cloud revenue grew 19% from a year earlier to $2.9 billion. Analysts polled by FactSet expected $11.61 billion in total revenue. Oraclesales rose in the latest quarter, soothing concerns about the business-software…

The public’s expectations for inflation in the short term rose in May, according to a report Monday from the Federal Reserve Bank of New York. Households believe inflation one year from now will be 6.6% higher, up from the 6.3% projection seen in the April data and the highest level seen in a survey that goes back to 2013. But the New York Fed also found in its latest Survey of Consumer Expectations that the expected level of inflation three years from now held steady at 3.9%. The…

The number of cryptocurrencies continues to grow as more investors join the blockchain and although Ethereum is the favourite coin of many, plenty of other underrated coins are witnessing success. Crypto Beyond Ethereum The cryptocurrency market has evolved into a money-making sphere since its modest beginning and early start. Many have decided to start investing in the trading market as the popularity of digital tokens increases across social media. But it can be hard to begin as you have to choose the…

OnePlus extended its TWS portfolio with the launch of Bullets Wireless Z2. Launched at an affordable price of ₹1,999, the Bullets Wireless Z2 carries ahead the legacy of the its predecessors, OnePlus Bullets Wireless Z and OnePlus Bullets Wireless Z Bass Edition, in a necklace design that makes it easy to carry around, even at crowded places like metro. The OnePlus Bullets Wireless Z2 has good sound quality and can give up to 20 hours of playtime in a 10-minute charge.…