Intel on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO. Shares of the Santa Clara, California-based company climbed 3.8 percent in after-hours trading. Last year, Intel’s … Read more
Electronic Arts shares sank more than 15 percent on Thursday, tripped up by a surprise slowdown in spending on the soccer franchise that has shaped its gaming empire. The videogame maker debuted its newest soccer title, FC 25, in September, the latest in a series of top sellers. But this version did not get the … Read more
Real Madrid are the first football club to top a billion euros in revenue during a single season, fuelled by income generated by the revamped Santiago Bernabeu stadium, according to financial experts Deloitte. The order of the clubs at the top of Deloitte’s annual Football Money League stayed the same, with Madrid (1.05 … Read more