Tag: reports

Carpenter Technology (CRS) Reports Q3 Loss, Shares Down


Ride the Crypto Boom with These 3 Stocks

Some 15% of the American public owns some form of cryptocurrency – and a large part of that group jumped on the bandwagon in the last two years. The digital currencies – Bitcoin is the most famous, but there are scores of others – offer users a distinct set of advantages, based on their blockchain technology. First, the crypto coins are secure – as a digital technology, blockchain is notoriously difficult to break. Second, the coins have the chief attribute of any store of value: scarcity. There is a mathematical limit

Read more

Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2021

Industry’s first 176-layer NAND in production

BOISE, Idaho, Jan. 07, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2021, which ended Dec. 3, 2020.

Fiscal Q1 2021 highlights

  • Revenue of $5.77 billion versus $6.06 billion for the prior quarter and $5.14 billion for the same period last year
  • GAAP net income of $803 million, or $0.71 per diluted share
  • Non-GAAP net income of $897 million, or $0.78 per diluted share
  • Operating cash flow of $1.97 billion versus $2.27 billion for the prior quarter and $2.01 billion
Read more

Nashville bombing suspect told ex-girlfriend he had cancer and gave possessions away in weeks leading up to suicide, reports say as authorities investigate 5G-paranoia motive

Anthony warner home
Law-enforcement officials investigate the house belonging to Anthony Warner, the suspect in the Nashville bombing, on Saturday. Terry Wyatt/Getty Images
  • Anthony Warner, the suspect in the Nashville bombing, recently told an ex-girlfriend he had cancer and started giving away his possessions in the weeks before what authorities have described as a suicide attack, The New York Times reported.

  • Local outlets reported that authorities were investigating whether Warner was paranoid about 5G technology.

  • The technology has been the subject of numerous conspiracy theories and baseless claims, including that it causes cancer and prompted the coronavirus outbreak.

  • Visit Insider’s homepage for more

Read more

Facebook reports spike in takedowns of hate speech, terrorism

By Katie Paul

SAN FRANCISCO (Reuters) – Facebook Inc on Tuesday reported a sharp increase in the number of posts it removed for promoting violence and hate speech across its apps, which it attributed to technology improvements for automatically identifying text and images.

The world’s biggest social media company removed about 4.7 million posts connected to hate organizations on its flagship app in the first quarter, up from 1.6 million in the 2019 fourth quarter. It also deleted 9.6 million posts containing hate speech, compared with 5.7 million in the prior period.

That marks a six-fold increase in hateful content

Read more