Intel shares fell more than 8% in extended trading Thursday after a weaker-than-expected revenue report and the company blamed an industry-wide component shortage for causing its PC chip business to shrink 2% in the quarter ended Oct. 2. Read more
South Africa's largest healthcare retailer, JSE-listed Clicks Group, continues to expand despite ongoing Covid 19 pressures and the impact of the July riots on its business. Read more.
Tesla reported third-quarter results after the bell Wednesday, posting record sales and profits. The company reported net income of $1.62 billion (GAAP) for the quarter, topping the $1 billion mark for the second time. Read more.
Supermarket group Pick n Pay (PnP) says it has lost R930 million in revenue due to the unrest in July. However, most of the losses will be covered by insurance, which has already paid out about R600 million. Read more.
Airports Company South Africa (Acsa) - the state-owned monopoly that controls nine of the country's major airports - on Tuesday reported a loss of R2.6 billion for the financial year ending March 31, 2021. Read more.
Shares of Netflix fell about 1% in after-hours trading Tuesday after the company reported its third-quarter results, showing investors that the streaming service continues to add subscribers. Read more.
Shares in JSE-listed Calgro M3 surged 10.29% to a 15-month high on Monday after the developer of residential and memorial parks reported a strong improvement in its financial results for the six months to August 2021. Read more.
Apple has unveiled its M1Pro and M1Max chips, which are used in the new MacBook Pro laptops. Apple says the M1 Max chip is the most powerful the company has ever built, with 57 billion transistors. Read more.
Facebook plans to create 10,000 jobs in the European Union over the next five years to build a digital world known as the "Metaverse". Read more.
The group expects a significant recovery in group earnings before interest, tax, depreciation and amortisation (Ebitda) to around 15.5%, compared with 12.1% in the previous corresponding period. Read more.
Wells Fargo posted a jump in third-quarter profit Thursday, boosted by the release of loan-loss provisions as its recovery from the 2021 coronavirus pandemic accelerated. Read more.
At 31 August 2021, PSG Group’s net asset value per share was R110,09, representing an increase of 50% and 20% when compared to the net asset value per share of R73,27 and R91,76 as at 31 August 2020 and 28 February 2021, respectively. Read more.