:Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected fourth-quarter earnings, as vehicle makers lapped up its driver-assistance technology.Shares of the company, which counts Volkswagen Group, Ford Motor Co and General Motors Co among its custo
:Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected fourth-quarter earnings, as vehicle makers lapped up its driver-assistance technology.
The automotive industry is increasingly adopting sophisticated camera systems and sensors that assist in safe driving. The company raised $861 million in its second initial public offering last year October, when Intel Corp spun it off after taking it private in 2017.
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Global 2023 economic view downgraded, at odds with market optimism: Reuters pollBENGALURU : Global economic growth is forecast to barely clear 2 per cent this year, according to a Reuters poll of economists who said the greater risk was a further downgrade to their view, at odds with widespread optimism in markets since the start of the year. Falling energy prices, a slowdown in infl
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Mobileye beats revenue estimates as carmakers lap up autonomous techMobileye Global Inc beat revenue estimates for fourth quarter on Thursday, driven by strong demand for its driver-assistance technology as manufacturers and fleet operators look to add more functionality to their vehicles.Revenue jumped 59 per cent to $565 million in the quarter ended Dec. 31 for Mobileye
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Oscars 2023: Michelle Yeoh Becomes First Malaysian To Land Best Actress NominationThe trippy sci-fi dramedy Everything Everywhere All at Once received the most nominations at the 95th Annual Academy Awards.
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India's 2023/24 budget likely to be cautious, cutting deficitNEW DELHI : The Indian government will present a budget on Feb. 1 that will likely put deficit reduction ahead of vote-winning spending, even as Prime Minister Narendra Modi looks towards seeking a rare third term of office in 2024.Officials and economists said the large size of recent deficits and a need
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ASML reports net profit of $1.98 billion in Q4, sees 25% sales growth in 2023VELDHOVEN, Netherlands : ASML Holding NV, an equipment supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings and forecast sales growth of more than 25 per cent in 2023.The company had fourth-quarter net profit of 1.82 billion euros ($1.98 billion), up from ne
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Best credit card promotions in Singapore: Citibank, UOB, DBS (January 2023)When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple products, staycations, cold hard cash and other freebies on us. But which are the best credit card promotions in Singapore? Here are our picks from Citibank, Standard Chartered,...
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