Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updates Trainline has said the US standoff with Iran is hitting its revenues, with rail ticket sales to foreign visitors to Europe affected. The UK-based ticketing retailer said it expected revenues to stay flat or decline over the coming year, citing “the effects of ge...
Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updates Trainline has said the US standoff with Iran is hitting its revenues, with rail ticket sales to foreign visitors to Europe affected. The UK-based ticketing retailer said it expected revenues to stay flat or decline over the coming year, citing “the effects of geopolitical tensions in the Middle East on inbound air traffic into Europe”. Continue reading...
Studio City Company Limited, a wholly owned subsidiary of Studio City International Holdings Limited ( MSC ),) said on Wednesday it is proposing an international offering of senior secured notes, with key terms including the interest rate to be determined at pricing. The company said proceeds from the offering, along with cash on hand, will be used to repurchase and potentially redeem its outstand...
Studio City Company Limited, a wholly owned subsidiary of Studio City International Holdings Limited ( MSC ),) said on Wednesday it is proposing an international offering of senior secured notes, with key terms including the interest rate to be determined at pricing. The company said proceeds from the offering, along with cash on hand, will be used to repurchase and potentially redeem its outstanding 7.00% senior secured notes due 2027. The proposed notes will be senior secured obligations of the company and guaranteed by Studio City Investments Ltd and its subsidiaries, excluding the parent companies. The offering is subject to market conditions and investor demand, and there is no assurance it will be completed. MSC + 0.83% premarket to $2.42. Source: Press Release More on Studio City International Studio City International GAAP EPS of $0.01, revenue of $176.7M Macau gaming revenue rises 5.5% in April, still up double digits for the year Financial information for Studio City International
The move in Advanced Micro Devices — and the wider chips sector — is nothing short of bonkers. AMD soared 20% on Wednesday after the chipmaker posted better-than-expected Q1 earnings and revenue. Its Q2 revenue outlook was also stronger than expected. AMD had already climbed more than 60% in the past month before the latest move. The rally led several Wall Street firms to upgrade AMD, including Go...
The move in Advanced Micro Devices — and the wider chips sector — is nothing short of bonkers. AMD soared 20% on Wednesday after the chipmaker posted better-than-expected Q1 earnings and revenue. Its Q2 revenue outlook was also stronger than expected. AMD had already climbed more than 60% in the past month before the latest move. The rally led several Wall Street firms to upgrade AMD, including Goldman Sachs . It also gave a boost to an already strong chips sector. The Invesco PHLX Semiconductor ETF (SOXQ) , which tracks the PHLX Semiconductor Index (SOX), jumped 3.1% in early trading. Intel and Micron Technology were higher by 3% and 4%, respectively. That puts semiconductors in territory not seen since the dot-com bubble burst. According to Bespoke Investment Group, including the early trading moves Wednesday, the SOX index is roughly 56% above its 200-day moving average. "The group has only been more extended above its 200-DMA on two different occasions: July 1995 and March 2000," Bespoke said in a note. "July 1995 was still in the early days of the Dot-Com boom of the 1990s, but March 2000 was the absolute peak." "Either way, these kind of extreme readings can't last forever, so we would temper expectations for the semis over the next twelve months at this point," Bespoke added. The SOX index is higher by more than 55% year to date, bolstered by renewed excitement around the artificial intelligence trade. Its valuation is elevated relative to the broader market. The SOX trades at 26 times forward earnings, according to FactSet, while the S & P 500 sells for 21 future profits. The question for investors now is: How long can this parabolic surge last?
I spend more time today than ever before interacting with terminal windows, which is something I don't think Past Me would have believed in the early '90s. Back then, poor MS-DOS was the staid whipping boy of the industry, and at least on the consumer side, graphical environments like Windows (and maybe even odder creatures like AmigaOS ) seemed poised to stamp the command line into oblivion, leav...
I spend more time today than ever before interacting with terminal windows, which is something I don't think Past Me would have believed in the early '90s. Back then, poor MS-DOS was the staid whipping boy of the industry, and at least on the consumer side, graphical environments like Windows (and maybe even odder creatures like AmigaOS ) seemed poised to stamp the command line into oblivion, leaving text interfaces behind as we all blasted into the ooey-GUI future. As it turns out, though, the command line is still the best tool for some jobs—many jobs, in fact. I read a wise post some years ago (probably on Slashdot) arguing that a mouse-driven point-and-click interface essentially reduces the user to pointing at something on the screen and grunting, "DO! DO THAT!" at the computer. (The rise of right-click context menus adds the ability for the user to also grunt "MORE THINGS!" but doesn't otherwise add vocabulary.) The command line, by contrast, gives the user the opportunity to precisely tell the computer what they want done, using words instead of one or two gestalts that the computer must interpret based on context. Read full article Comments