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A music fund that owns the rights to back catalogues by artists including Justin Bieber and Shakira has seen its shares plunge after scrapping its shareholder dividend payout and warning over lower-than-expected earnings from US streaming royalties.
Data on Thursday showed the country's February core inflation rose lower-than-expected.
Especially in the second quarter of 2023, China displayed a lower-than-expected growth rate.
Operating loss was $12.2 million, better than our expectations due to strong subscription and support gross profit and lower-than-expected operating costs.
The company reported adj. EPS of $0.32, with the lower-than-expected adj. EPS driven by lower operating profit.
The lower-than-expected bills will provide some relief for Coloradans whose heat bills have shot up because of high wholesale natural gas prices and cold weather.
Source: https://www.denverpost.com/2023/02/15/xcel-energy-to-lower-gas-bills/
This was a 5% improvement year-on-year, but higher than our expectations due to revenue landing towards the low end of our range and a lower-than-expected gross margin.
With the battle for generative AI at a fever pitch, it appears that market sentiments surrounding AMD's execution remain uncertain, worsened by its lower-than-expected forward guidance.