Text size Deere’s fiscal year follows the harvest. Courtesy of John Deere Agricultural machinery giant Deere reports its fiscal first-quarter earnings Friday morning. Investors could really use a “beat-and-raise” quarter from the company. Deere stock (ticker: DE) outperformed the S&P 500 in 2022, rising 27% while the index dropped 18%. …
Read More »China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) — The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from Bloomberg Bao’s company China Renaissance Holdings Ltd. said on Thursday it had lost touch with the banker, one of the country’s most prolific dealmakers over the past …
Read More »Rare dinosaur footprint found in England: “I had to do a double take”
A long, long time ago in the county of Yorkshire, England, a giant meat-eating dinosaur decided to crouch down and rest. About 166 million years later, scientists discovered its massive footprint. Researchers unveiled their findings in a new study published on Thursday in the Proceedings of the Yorkshire Geological Society, …
Read More »The Extraordinary Exit of the Women of Silicon Valley
(Bloomberg) — The resignation of YouTube chief Susan Wojcicki after 25 years at Google is another example of an unsettling trend in Silicon Valley: High profile women are heading for the exits. Most Read from Bloomberg Just this week, Meta Platforms Inc. Chief Business Officer Marne Levine stepped down after …
Read More »Applied Materials’ Forecast Shows Bright Spots in Chip World
(Bloomberg) — Applied Materials Inc., the biggest maker of semiconductor-manufacturing equipment, gave a strong sales forecast for the current quarter, benefiting from demand for gear that makes auto and industrial chips. Most Read from Bloomberg Second-quarter sales will be about $6.4 billion, the company said in a statement Thursday. That …
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