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Feb 2, 2024
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erin delmore reports. for apple, a big gadgets. erin delmore reports.ple, a big highlight gadgets. erin delmore reports. for apple, a big highlight — the first revenue growth in a year. they reported a 2% rise in overall fiscal first quarter sales, taking a year of declining sales. it's thanks to sales of the iphone 15 which hit stores in september. but a low light does make a decline in sales in china, to the tune of 13%. apple is missing out on one of its key markets. the world's second economy is grappling with a slowdown thanks to a property market crisis, slow growth and high unemployment a young people which is weighing on iphone sales and, increasingly, chinese consumers are opting for phones made by huawei which are powered by chips made in china. apple is on the verge of releasing its vision pro headset, meanwhile. this is apple's entry into spatial computing that's running apps over the real—world information you're already taking in. fans call it augmented reality but will they drop $3500 on headset? apple's other wearable products like its a
erin delmore reports. for apple, a big gadgets. erin delmore reports.ple, a big highlight gadgets. erin delmore reports. for apple, a big highlight — the first revenue growth in a year. they reported a 2% rise in overall fiscal first quarter sales, taking a year of declining sales. it's thanks to sales of the iphone 15 which hit stores in september. but a low light does make a decline in sales in china, to the tune of 13%. apple is missing out on one of its key markets. the world's second...
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Feb 5, 2024
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hello, i'm erin delmore.hite house says it will be taking more steps against iran—backed groups, in response to the deadly drone attack that killed three american service members a week ago. the warning comes as us secretary of state antony blinken embarks on his fifth trip to the middle east in the past four months. a us official says blinken will push for progress on a hostage deal that includes a humanitarian pause. talk to arab nations about what happens the day after a deal is struck. and, we're told, blinken plans to talk directly to countries in the region about the scope of us actions taken in retaliation for the deaths of us service members last week. on friday, the us hit 85 targets across iraq and syria, flying b—i bombers from the united states to hit command centers and weapons facilities used by iran's islamic revolutionary guard corps and other militias. funerals are now being held in iraq for those killed in the us strikes. the exact death toll across iraq and syria is still unclear. separate
hello, i'm erin delmore.hite house says it will be taking more steps against iran—backed groups, in response to the deadly drone attack that killed three american service members a week ago. the warning comes as us secretary of state antony blinken embarks on his fifth trip to the middle east in the past four months. a us official says blinken will push for progress on a hostage deal that includes a humanitarian pause. talk to arab nations about what happens the day after a deal is struck....
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Feb 29, 2024
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erin delmore reports.en more than two years since we have seen bitcoin cross the $60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to $64,000. it may be closing in on its all—time high of $68,000. there are a few reasons why crypto enthusiasts are fired up about bitcoin these days, newly approved spot bitcoin exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. one more thing than any background here, the federal reserve is expected to cut interest rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. but it's not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz on wednesday. the exchange said it was aware and investigating and th
erin delmore reports.en more than two years since we have seen bitcoin cross the $60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to $64,000. it may be closing in on its all—time high of $68,000. there are a few reasons why crypto enthusiasts are fired up about bitcoin these days, newly approved spot bitcoin exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the...
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Feb 5, 2024
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i'm erin delmore.nse to the deadly drone
i'm erin delmore.nse to the deadly drone
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Feb 5, 2024
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hello, i'm erin delmore.sponse to the deadly drone attack that killed three american service members a week
hello, i'm erin delmore.sponse to the deadly drone attack that killed three american service members a week
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Feb 14, 2024
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our north america business correspondent erin delmore is in new york with more on the story.getting a little bit smarter, orat least its memory is getting better. open ai announced in a blog post on tuesday its generative ai chat bot is gaining the ability to remember details from past chats. some users are getting to test the new feature in a limited roll—out. you will be able to ask chatgpt to remember specific information for future chats, and the chat bot will have its own ability to decipher pieces of a user's conversation worth remembering. this speaks to the heart of generative ai, artificial intelligence technology that is able to generate new content based on the content on which it is trained or in response to prompts. and it might be a boon for the company, which has 100 million weekly users. on the blog post, the company said users can explicitly tell chatgpt to remember something orforget something, or ask chatgpt to opt out of the feature entirely. we reached out to help an eye on the company said the new feature will be rolled out to a small portion of free and
our north america business correspondent erin delmore is in new york with more on the story.getting a little bit smarter, orat least its memory is getting better. open ai announced in a blog post on tuesday its generative ai chat bot is gaining the ability to remember details from past chats. some users are getting to test the new feature in a limited roll—out. you will be able to ask chatgpt to remember specific information for future chats, and the chat bot will have its own ability to...
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Feb 8, 2024
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erin delmore is in new york for us.nounced? there is lots of good news in hither investors. the share buy—back which will amount to $3 billion, and as you mention, that dividend boast a 50%. as you can imagine, the company stock is up. more than 7% right now. it is a good time to be making shareholders happy because the company is facing pressure over its return. we company is facing pressure over its return. ~ ., company is facing pressure over its return. ~ . ., ., company is facing pressure over its return. . ., ., ., , return. we have also got details about how _ return. we have also got details about how they _ return. we have also got details about how they may _ return. we have also got details about how they may try - return. we have also got details about how they may try to - return. we have also got details about how they may try to try i return. we have also got details i about how they may try to try this business around. gaming could be a big push for disney. like netflix, stopping the sharing of those acc
erin delmore is in new york for us.nounced? there is lots of good news in hither investors. the share buy—back which will amount to $3 billion, and as you mention, that dividend boast a 50%. as you can imagine, the company stock is up. more than 7% right now. it is a good time to be making shareholders happy because the company is facing pressure over its return. we company is facing pressure over its return. ~ ., company is facing pressure over its return. ~ . ., ., company is facing...
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Feb 28, 2024
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our north america business correspondent erin delmore asked her about how ai is changing the shoppingfor customers, both in store and online. ai enables you to really have a complete view of the customer and be able to really offer them promotions and products that are personalised and tailored to their needs. and so here's when generative ai comes in. one of my favourite applications for generative ai that...a lot of retailers are implementing is what we call a shopping adviser. and the way i describe it is, "imagine taking the absolute "best sales associate that you have in your company "and replicating that on your mobile and e—commerce site." so if i'm the customer, do i know that i'm being treated to a personalised ai shopping experience here or not? chatbots in the past have not been very smart, right? and what generative ai allows you to do is truly train them not only with your products, but the characteristics of your product, right? so if i come in and i say that i'm looking for a red top for a summer party that i'm going to, it looks at my previous shopping experience and s
our north america business correspondent erin delmore asked her about how ai is changing the shoppingfor customers, both in store and online. ai enables you to really have a complete view of the customer and be able to really offer them promotions and products that are personalised and tailored to their needs. and so here's when generative ai comes in. one of my favourite applications for generative ai that...a lot of retailers are implementing is what we call a shopping adviser. and the way i...
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Feb 23, 2024
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erin delmore filed this report. nvidia fever is sweeping wall street. shares rose more than 16% on thursday on the strength of the company's earnings report. that came in after the bell on wednesday and handily beat estimates. it showed nvidia sales more than tripled after the first quarter and showed enthusiasm around artificial intelligence is as strong as ever. nvidia's ceo said that al has hit a tipping point. mr huang himselfe is edging near a tipping point himself of another variety. this spike on thursday sent his personal wealth estimated 8.5 billion which put him on the verge of cracking into the world's top 20 wealthiest people. nvidia manufactures chips used to power ai technology that is the subject of so much excitement right now. it is one of the magnificent seven tech stocks routinely outperform the market and a handful of the other magnificent seven are customers of nvidia. in all it is a big day on wall street. the s&p 500 and the dowjones had record closes. not so for the nasdaq composite but it is inching closer. reddit officially mov
erin delmore filed this report. nvidia fever is sweeping wall street. shares rose more than 16% on thursday on the strength of the company's earnings report. that came in after the bell on wednesday and handily beat estimates. it showed nvidia sales more than tripled after the first quarter and showed enthusiasm around artificial intelligence is as strong as ever. nvidia's ceo said that al has hit a tipping point. mr huang himselfe is edging near a tipping point himself of another variety. this...
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Feb 9, 2024
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our business correspondent erin delmore filed this report from new york.the chip designer arm ipo'd on wall street last fall, it marked the biggest initial public offering of the year. it priced at 51 usd a share, giving the company a $5a.i billion valuation. a $54.5 billion valuation. but now, get this — the company closed thursday's trading day on wall street at nearly $114 a share, giving the company a valuation well over $100 billion and giving arm its best ever day on wall street by far. the company is riding high on wednesday's earnings report, which flaunted higher than expected quarterly sales and a higher than estimated forecast for the current quarter — and you guessed it, a higher than expected sales estimate for the full year. now, even if you're not familiar with arm, you're probably very familiar with its work. the company powers chips by apple, amazon, google and others. and in fact, their technology is in nearly every smartphone. and amid the fervour and investment frenzy over ai technology, arm is making bank. it's particularly true for th
our business correspondent erin delmore filed this report from new york.the chip designer arm ipo'd on wall street last fall, it marked the biggest initial public offering of the year. it priced at 51 usd a share, giving the company a $5a.i billion valuation. a $54.5 billion valuation. but now, get this — the company closed thursday's trading day on wall street at nearly $114 a share, giving the company a valuation well over $100 billion and giving arm its best ever day on wall street by far....
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Feb 2, 2024
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here's our north america business correspondent erin delmore with the latest.forapple, a big highlight, the first revenue growth in a year. the tech giant reported a 2% rise in overall fiscal first quarter sales breaking a year of declining sales. it's thanks to sales of the iphone 15 which hit stores in september. but a low light, a decline in sales in china to the tune of 13%. apple is missing out on one of its key markets. the world's second largest economy is grappling with a slow down thanks to a property market crisis, slow growth and high unemployment among young people. that slowdown is weighing on iphone sales and increasing chinese consumers are opting for phones made by... powered by chips made in china. meanwhile, apple is on the verge of releasing its vision pro headset, this is apple's entree into spatial computing some of that is running apps over the real world information you are already taking in. fans call it augmented reality, but well they dropped $3500 on a headset? apple's other wearable products like its airport headphones and apple watc
here's our north america business correspondent erin delmore with the latest.forapple, a big highlight, the first revenue growth in a year. the tech giant reported a 2% rise in overall fiscal first quarter sales breaking a year of declining sales. it's thanks to sales of the iphone 15 which hit stores in september. but a low light, a decline in sales in china to the tune of 13%. apple is missing out on one of its key markets. the world's second largest economy is grappling with a slow down...
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Feb 22, 2024
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and, as erin delmore in new york explains, nvidia has delivered.dia is the leading chip—maker in the us and the third largest company on wall street. so expectations for the companies fourth—quarter earnings had been sky—high. here was the benchmark. estimates were that nvidia would report earnings of $4.64 a share and around $20.4 billion in revenue. the company did better than that. earnings came in at around $5 per share and revenue was $22.1 billion. and the company said that revenue during this quarter would beat expectations. the company is riding high on enthusiasm over artificial intelligence. nvidia's chips are used to power the ai models that are all the rage in the tech industry right now. that is why quarterly results like wednesdays get so much attention. investors look to nvidia's performance for clues as to how the ai boom is progressing. to hear nvidia's chief executive officerjensen huang on wednesday say "accelerated computing generative ai have hit the tipping point". demand is surging worldwide across companies, and nations. mal
and, as erin delmore in new york explains, nvidia has delivered.dia is the leading chip—maker in the us and the third largest company on wall street. so expectations for the companies fourth—quarter earnings had been sky—high. here was the benchmark. estimates were that nvidia would report earnings of $4.64 a share and around $20.4 billion in revenue. the company did better than that. earnings came in at around $5 per share and revenue was $22.1 billion. and the company said that revenue...
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Feb 9, 2024
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erin delmore is in new york for us. thanks forjoining us.stomers, including ryanair, to come and inspect its processes. but isn't this the job of the regulator? the federal aviation administration? why are they considering a third party? it is theirjob to certify every aircraft that comes off the production line before it goes over to the airlines but in practice over the years it has ceded some responsibility to boeing and what that means is that the manufacturer boeing has a relationship with the people who are certifying the aircraft and this is under the microscope at the moment. the idea is not borne out of convenience but cost, and the federal aviation administration suffered cuts to its workforce and has not recovered, they wanted to fund an additional 10,000 positions at a total cost of $1.8 billion annually but i do not happen, and this is after the boeing crashes in 2018 and 2019 which killed 346 people, so the idea of certification has been on the table, even more under the spotlight after the report this week, and the third party
erin delmore is in new york for us. thanks forjoining us.stomers, including ryanair, to come and inspect its processes. but isn't this the job of the regulator? the federal aviation administration? why are they considering a third party? it is theirjob to certify every aircraft that comes off the production line before it goes over to the airlines but in practice over the years it has ceded some responsibility to boeing and what that means is that the manufacturer boeing has a relationship with...
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Feb 19, 2024
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i'm erin delmore.has said that a ground offensive will be launched in rafah if hamas does not release all hostages by march 10. it is the first time israel has warned when its troops might enter gaza's southernmost city where an estimated 1.3 million civilians are sheltering. earlier, the world health organization said gaza's nasser hospital has ceased to function following an israeli raid. israel defense force troops entered the hospital on thursday, saying intelligence indicated that hostages taken by hamas were being held there. the who said it hadn't been allowed to enter the site. in a post on x, formerly twitter, the director—general of the world health organization tedros adhanom ghebreyesus said: "nasser hospital is not functional anymore. "the who team was not permitted to enter the hospital to assess "the conditions of the patients." our diplomatic correspondent paul adams is injerusalem and says facilities at nasser hospital are close to collapse.
i'm erin delmore.has said that a ground offensive will be launched in rafah if hamas does not release all hostages by march 10. it is the first time israel has warned when its troops might enter gaza's southernmost city where an estimated 1.3 million civilians are sheltering. earlier, the world health organization said gaza's nasser hospital has ceased to function following an israeli raid. israel defense force troops entered the hospital on thursday, saying intelligence indicated that hostages...
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Feb 21, 2024
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the bbc�*s erin delmore has more from new york.n news broke on friday that the foremost critic of vladimir putin had died in an arctic prison, questions arose on how the us would respond and now we have one answer. the us is expected to announce further sanctions against russia. this comes as washington struggles to agree on funding to assist ukrainian armed forces in their fight against russia. in this week marks the two—year anniversary of the full—scale invasion of ukraine. at the start of that conflict, us enacted a slew of economic sanctions against russia and thus included freezing russian banks and businesses out of western financial markets and along with europe, canada and japan, freezing some $300 billion of russian central bank assets. the us also enforced economic restrictions on the oligarchs and band russian energy imports. all of this was intended to dampen the countries economic and military power and ultimately statements might in the world are. but russia's economy is whether the effects of the sanctions and restr
the bbc�*s erin delmore has more from new york.n news broke on friday that the foremost critic of vladimir putin had died in an arctic prison, questions arose on how the us would respond and now we have one answer. the us is expected to announce further sanctions against russia. this comes as washington struggles to agree on funding to assist ukrainian armed forces in their fight against russia. in this week marks the two—year anniversary of the full—scale invasion of ukraine. at the...
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Feb 7, 2024
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let's talk about this more now with our north america business correspondent, erin delmore.is a simple case of more people getting out there and calling ubers? or is there more to it than that? there is a little bit more to it than that. the number of people hailing right and the rights to hailing right and the rights to hailing app. the other component is food delivery. we are measuring all the many that comes into drivers, whether it's from people wanting cards or food to getting cars, and get over to them. this is notable because not only was the holiday season very kind to cuba with great results in the fourth quarter of the year, but they were showing operating profits over the last three consecutive quarters. let's contrast that with other tech companies and what we have seen in their rebound since the pandemic. a lot of them over hired to meet technology needs that people had when they look work lives and socialites were moved home instead of out in social life. uber really suffered during that period of time. that means they didn't over expand the way others did, and
let's talk about this more now with our north america business correspondent, erin delmore.is a simple case of more people getting out there and calling ubers? or is there more to it than that? there is a little bit more to it than that. the number of people hailing right and the rights to hailing right and the rights to hailing app. the other component is food delivery. we are measuring all the many that comes into drivers, whether it's from people wanting cards or food to getting cars, and...
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Feb 23, 2024
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our north america business correspondent erin delmore has more from new york. nvidia fever is sweeping wall street and shares rose more than 16% thursday on the strength street and shares rose more than 16% thursday on the strength of street and shares rose more than 16% thursday on the strength of the street and shares rose more than 16% thursday on the strength of the companies earnings report and it came in after the bell on wednesday and handily beat estimates. it showed nvidia sales more than tripled in the fourth quarter and it shows that enthusiasm around artificial intelligence is the strongest ever. micro and ceo said ai has hit a tipping point and mr wong is said they're edging good to be in point of another variety and sending personal wealth up by an estimated $8.5 billion which puts him on the verge of crafting the worlds top 20 wealthiest people. nvidia manufactured a chip for al and is the subject of so much excitement right now and with the magnificent seven text stocks that outperform the wider market and a handful of the other magnificent seve
our north america business correspondent erin delmore has more from new york. nvidia fever is sweeping wall street and shares rose more than 16% thursday on the strength street and shares rose more than 16% thursday on the strength of street and shares rose more than 16% thursday on the strength of the street and shares rose more than 16% thursday on the strength of the companies earnings report and it came in after the bell on wednesday and handily beat estimates. it showed nvidia sales more...
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Feb 12, 2024
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here's our correspondent erin delmore with the details. the us stock market is on a hot streak.00 has notched multiple record closes since the start of the new year. even closed above the 5000 mark for the first time ever on friday. that's after flirting with that number for days. that's after flirting with that numberfor days. the dow has also notched on record highs and you can bet the nasdaq is up and you can bet the nasdaq is up as well. there are a few reasons why the us stock market is powering ahead. it's earnings season and a bunch of prominent companies have shown higher—than—expected earnings. the tech sector, especially powered by enthusiasm over artificial intelligence. it is true for some of the biggest names in the industry like amazon, alphabet, nvidia, microsoft and meta. a blockbusterjob in february showed 353,000 jobs added in unemployment staying at 3.7%. that's on par with historic lows. that is great for the economy. what's also great is falling inflation. that would allow the fed to cut interest rates, which would allow already strong companies to borrow mo
here's our correspondent erin delmore with the details. the us stock market is on a hot streak.00 has notched multiple record closes since the start of the new year. even closed above the 5000 mark for the first time ever on friday. that's after flirting with that number for days. that's after flirting with that numberfor days. the dow has also notched on record highs and you can bet the nasdaq is up and you can bet the nasdaq is up as well. there are a few reasons why the us stock market is...
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Feb 19, 2024
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hello, i'm erin delmore.launched in rafah if hamas does not release all hostages. it is the first time israel has said when its troops might enter gaza's southernmost city — where an estimated 1.3 million civilans are sheltering. earlier, the world health organisation said gaza's nasa hospital has ceased to function following an israeli raid. israel defence force troops entered the hospital on thursday, saying intelligence indicated that hostages taken by hamas were being held there. the who said it hadn't been allowed to enter the site. in a post on x, formerly twitter, the director—general of the world health organization, tedros ghebreyesus, said: "nasser hospital is not functional anymore. "the who team was not permitted to enter the hospital to assess "the conditions of the patients, "despite reaching the hospital compound to deliver fuel "alongside partners." we will have more on the situation at the hospital shortly. but first, we want to bring you the story of a young woman and her disabled brother, t
hello, i'm erin delmore.launched in rafah if hamas does not release all hostages. it is the first time israel has said when its troops might enter gaza's southernmost city — where an estimated 1.3 million civilans are sheltering. earlier, the world health organisation said gaza's nasa hospital has ceased to function following an israeli raid. israel defence force troops entered the hospital on thursday, saying intelligence indicated that hostages taken by hamas were being held there. the who...
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Feb 23, 2024
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erin delmore joins us from new york. a lot of excitement about the launch? . , , , , ., launch?ecause it is two ears in launch? partly because it is two years in the _ launch? partly because it is two years in the making, _ launch? partly because it is two years in the making, that - launch? partly because it is two years in the making, that is - launch? partly because it is two | years in the making, that is how long we have seen them in this process, and it marks the first big tech company doing this in the year and the first social media ipo since 2019 which was pinterest, and we are in the midst of a period that is showing lukewarm demand for ipos although the exception is the biggest ipo of 2023, and there are a couple of other things which a company will do when they are preparing for the ipo, we have seen this with reddit, they will try to pump up this with reddit, they will try to pump up the money coming in and tamp down the money coming in, so they have increased sales between 2023 and 2022 by 20 3% and narrowed their losses down to £90 million in 2023, and the timing
erin delmore joins us from new york. a lot of excitement about the launch? . , , , , ., launch?ecause it is two ears in launch? partly because it is two years in the _ launch? partly because it is two years in the making, _ launch? partly because it is two years in the making, that - launch? partly because it is two years in the making, that is - launch? partly because it is two | years in the making, that is how long we have seen them in this process, and it marks the first big tech company...
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Feb 8, 2024
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our north america business correspondent, erin delmore, has more from new york. disney says it's on pace to bring in more money this fiscal year and that it expects earnings at least 20% higher than last year. and the company says it's on pace to cut costs. it expects to meet or surpass its goal of cutting $7.5 billion by the end of this fiscal year. the news comes as pressure mounts from an activist investor who's been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall and lost subscribers over that. but because each subscriber is paying more for the service, its average revenue per user went up. disney plus is streaming offerings include espn plus the focus of a lot of attention this week. the company announced earlier this week that it's partnering with fox and warner brothers discovery to launch a new sports streaming operation with espn this year. and ceo bob iger said wednesday that the company is taking a $1.5 billion stake in e
our north america business correspondent, erin delmore, has more from new york. disney says it's on pace to bring in more money this fiscal year and that it expects earnings at least 20% higher than last year. and the company says it's on pace to cut costs. it expects to meet or surpass its goal of cutting $7.5 billion by the end of this fiscal year. the news comes as pressure mounts from an activist investor who's been critical of the company, including its disappointing stats at the box...
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Feb 22, 2024
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our north america business correspondent erin delmore joins us from new york with the latest. the leading chip maker in the us and the third largest company on wall street and expectations of the company for the third quarter earnings have been sky—high and here is the benchmark and they would report earnings in around $20.4 billion in revenue. but nvidia did better than that, earnings came in at around $5 per share and revenue $22.1 billion. in the company said revenue during this quarter would meet expectations. the company is riding high on the enthusiasm of artificial intelligence nvidia chips are used to power the ai models that are all the rage in the tech industry right now and that is why quarterly results give so much attention and looking to the performance for clues about how the ai boom is progressing in to hear nvidia paul's positive executor saying accelerated computing in generative have hit the demand across companies, industries and nations. for a closer look at nvidia 5 report card and what it means for the broader chip industry, we rejoined by technology ana
our north america business correspondent erin delmore joins us from new york with the latest. the leading chip maker in the us and the third largest company on wall street and expectations of the company for the third quarter earnings have been sky—high and here is the benchmark and they would report earnings in around $20.4 billion in revenue. but nvidia did better than that, earnings came in at around $5 per share and revenue $22.1 billion. in the company said revenue during this quarter...
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Feb 6, 2024
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we'rejoined now by our north america business correspondent, erin delmore. good to see you.but they are still managing to turn a profit, are they?— to turn a profit, are they? exactly. that's because _ to turn a profit, are they? exactly. that's because a _ to turn a profit, are they? exactly. that's because a good _ to turn a profit, are they? exactly. that's because a good quarter, - to turn a profit, are they? exactly. l that's because a good quarter, that is how spotify coached trip this morning, is about not only bring in revenue but also narrowing losses, and that last point is a big deal for spotify. let's break down some of the numbers. shares were up 8% from this morning but as you said, music to the ears of spotify. they said 20 vintage three would be a different yearfor the said 20 vintage three would be a different year for the company, some that showed that they just have different year for the company, some that showed that theyjust have an amazing product but that they are building a great business. —— 2023 would be. they talk about an increase in subscriber g
we'rejoined now by our north america business correspondent, erin delmore. good to see you.but they are still managing to turn a profit, are they?— to turn a profit, are they? exactly. that's because _ to turn a profit, are they? exactly. that's because a _ to turn a profit, are they? exactly. that's because a good _ to turn a profit, are they? exactly. that's because a good quarter, - to turn a profit, are they? exactly. l that's because a good quarter, that is how spotify coached trip this...
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Feb 12, 2024
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erin delmore has more from new york. the us stock market is on a hot streak.ultiple record closes since the start of the new year, and even closed above the 5,000 mark for the first time ever on friday — that's after flirting with that numberfor days. the dow has also notched some record highs, and you can bet the nasdaq is up, as well. now, there are a few reasons why the us stock market is powering ahead. 0ne — it's earnings season, and a bunch of prominent companies have shown higher—than—expected earnings. two — the tech sector, especially powered by enthusiasm over artificial intelligence. it's true for some of the biggest names in the industry like amazon, alphabet, apple, nvidia, microsoft and meta. three — a blockbuster jobs report injanuary showed 353,000 jobs added, and unemployment staying at 3.7%. that's on par with historic lows, and that's great for the economy. what's also great is falling inflation — that would allow the fed to cut interest rates, which would allow already strong companies to borrow more cheaply. now, all of this sounds like a
erin delmore has more from new york. the us stock market is on a hot streak.ultiple record closes since the start of the new year, and even closed above the 5,000 mark for the first time ever on friday — that's after flirting with that numberfor days. the dow has also notched some record highs, and you can bet the nasdaq is up, as well. now, there are a few reasons why the us stock market is powering ahead. 0ne — it's earnings season, and a bunch of prominent companies have shown...
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Feb 9, 2024
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our business correspondent erin delmore filed this report from new york.ner arm ip owt, it missed the public —— but the biggest public offering of. if a company $54.5 billion valuation. but now, the company closed thursday's trading day on wall street at nearly $140 per share, on wall street at nearly $140 pershare, given on wall street at nearly $140 per share, given the company a valuation well over $100 billion and giving a clue best ever day on wall street by far. the company is riding high on wednesday's earnings reports, which floated higher quarterly cells and have an estimate of focus for the current quarter, and you guessed it, higher—than—expected sales estimate for the full year. evenif estimate for the full year. even if you're not familiar with arm, you're probably very familiar with its work. the company paris chips by apple, amazon, google and others and in fact fair technology is in every smartphone. amid the fervour and investment frenzy over ai technology, arm is making bank. particularly true for the japanese investment firm softbank whi
our business correspondent erin delmore filed this report from new york.ner arm ip owt, it missed the public —— but the biggest public offering of. if a company $54.5 billion valuation. but now, the company closed thursday's trading day on wall street at nearly $140 per share, on wall street at nearly $140 pershare, given on wall street at nearly $140 per share, given the company a valuation well over $100 billion and giving a clue best ever day on wall street by far. the company is riding...
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Feb 20, 2024
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let's speak to our us business correspondent in new york — erin delmore.lines. yes, and also dave carroll honed at the moment he finds himself in, facing criticism from regulators and lawmakers —— dave calhoun. willie walsh did not expect to see orders for boeing planes go down and he did not consumers to hesitate over going on there planes and it is worth mentioning that some of that might be down to the response from boeing due to the crisis and it is one of two major suppliers of aircraft along with our bus and consumers may not be looking to see what they are flying on —— air bus. they tend to look at whether they are getting the cheaper price they can for a ticket. it is worth mentioning that when we talk about the leading airplay manufacturers, there are up and comers in the field and shine its making a splash with the singapore airshow introducing their plane which did a fight over even though as of this moment it is only certified within china. —— fly over. thanks forjoining us. in other news... the governor of the bank of england andrew bailey say
let's speak to our us business correspondent in new york — erin delmore.lines. yes, and also dave carroll honed at the moment he finds himself in, facing criticism from regulators and lawmakers —— dave calhoun. willie walsh did not expect to see orders for boeing planes go down and he did not consumers to hesitate over going on there planes and it is worth mentioning that some of that might be down to the response from boeing due to the crisis and it is one of two major suppliers of...
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Feb 14, 2024
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erin delmore is in new york for us. thatis that is quite an error to discover. i was a discovered?or to discover. i was a discovered? yes, it is. any statement. _ i was a discovered? yes, it is. any statement. lyft — i was a discovered? yes, it is. any statement, lyft said _ i was a discovered? yes, it is. any statement, lyft said the _ i was a discovered? yes, it is. any statement, lyft said the key - i was a discovered? yes, it is. any| statement, lyft said the key metric was expected to ride by 500 basis points this year and as you said, sharesjumped in after points this year and as you said, shares jumped in after hours trading —— to rise by 500 basis points. the expected increase by 50 basis points and the ceo corrected that any conference. this was very unusual. the company's stock lost most of the gains it received after that was corrected. this gains it received after that was corrected-— corrected. as you know, it is valentine's _ corrected. as you know, it is valentine's day, _ corrected. as you know, it is valentine's day, and - corrected. as you know, it is valentine's
erin delmore is in new york for us. thatis that is quite an error to discover. i was a discovered?or to discover. i was a discovered? yes, it is. any statement. _ i was a discovered? yes, it is. any statement. lyft — i was a discovered? yes, it is. any statement, lyft said _ i was a discovered? yes, it is. any statement, lyft said the _ i was a discovered? yes, it is. any statement, lyft said the key - i was a discovered? yes, it is. any| statement, lyft said the key metric was expected to...
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Feb 8, 2024
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delmore, has more from new york. activist
delmore, has more from new york. activist
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Feb 21, 2024
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the bbc�*s erin delmore has more from new york. when news broke on
the bbc�*s erin delmore has more from new york. when news broke on
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Feb 14, 2024
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earlier i spoke to our north america business correspondent erin delmore.was discovered. in a statement, lyft said that a key metric was expected to rise by 500 basis points this year. and as you said, mark, sharesjumped in after—hours trading. that number was incorrect. the expected increase is 50 basis points and the cfo corrected that during a conference call after the statement came out. now, that process is a regular thing. you get the earnings report and then you have a conference call after, which reporters are invited to. but this was very unusual. so, as you said, the company's stock lost most of the gains it had seen in after—hours trading after the mistake was corrected. now, erin, as i'm sure all our viewers know, it's valentine's day today, and for some people meeting up, there might be romantic restaurants that they're heading to, but that could be disrupted if they're trying to order one of these lyfts through their ride—hailing app because there are many drivers planning to go on strike today, specifically on valentine's day. what are their
earlier i spoke to our north america business correspondent erin delmore.was discovered. in a statement, lyft said that a key metric was expected to rise by 500 basis points this year. and as you said, mark, sharesjumped in after—hours trading. that number was incorrect. the expected increase is 50 basis points and the cfo corrected that during a conference call after the statement came out. now, that process is a regular thing. you get the earnings report and then you have a conference call...
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Feb 12, 2024
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with some context, here's our north america business correspondent, erin delmore.w year, and even closed above
with some context, here's our north america business correspondent, erin delmore.w year, and even closed above
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Feb 27, 2024
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let�*s go to erin delmore in new york — this the latest move to try to turn disney around.y has their big annual meeting, they are under pressure from investors who have hammered disney, criticisms over the movies we have seen at the box office, which have not been the blockbuster is that disney has been hoping for, and the need to better monetise streaming platforms and do more with their asset but you can add another to the list because one of the activist investors is calling on disney to make large investments in al and they say that can double the share price of disney, they have a few creative ideas on how that can be implemented, everything from the following for traffic and waiting times at the disney theme parks to the jedi times at the disney theme parks to thejedi lightsaber battles. disney on its part issued a letter to shareholders talking about some of the games it has made, the dividends it is issuing, and the 3 billion stock buy—back and saying it is looking to profitability with its streaming networks, so expect to see this continue. we will keep you posted
let�*s go to erin delmore in new york — this the latest move to try to turn disney around.y has their big annual meeting, they are under pressure from investors who have hammered disney, criticisms over the movies we have seen at the box office, which have not been the blockbuster is that disney has been hoping for, and the need to better monetise streaming platforms and do more with their asset but you can add another to the list because one of the activist investors is calling on disney...
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Feb 7, 2024
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our north america business correspondent erin delmore has more.stigation focuses on the bolts used to keep the door in place on the plane. that door is not supposed to open. but it did open onjanuary five and flew off the alaska airjet just after takeoff in portland. now, investigations from the national transportation safety board said the bolts were missing before january five and it appears the alaska airport plane left boeing's factory without the bolts. they were removed to make a repair but it appears not all the bolts were replaced. this is a most diesel we have about what went wrong and it puts the blame on boeing. —— both details. a supplierfound new boeing. —— both details. a supplier found new problems with holes drilled on 737 max plains. the companies that it would go back to work 50 planes, furthering delivery delays. the head of the federal aviation administration told congress the agency will have more boots on the ground to monitor production and manufacturing at boeing. live now to craig erlam, senior market analyst, oanda. this
our north america business correspondent erin delmore has more.stigation focuses on the bolts used to keep the door in place on the plane. that door is not supposed to open. but it did open onjanuary five and flew off the alaska airjet just after takeoff in portland. now, investigations from the national transportation safety board said the bolts were missing before january five and it appears the alaska airport plane left boeing's factory without the bolts. they were removed to make a repair...
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Feb 8, 2024
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erin delmore has more.says it's on pace to bring in more money this fiscal year and that it expects earnings at least 20% higher than last year. and the company says it's on pace to cut costs. it expects to meet or surpass its goal of cutting $7.5 billion by the end of this fiscal year. the news comes as pressure mounts from an activist investor who has been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall. they lost subscribers over that but because each subscriber is paying more few for the service, the average revenue per user went up. disney plus streaming offererings including espn+, a focus of a lot of attention this week. the company announced earlier this week that it's partnering with fox and warner bros discovery to launch a new sports streaming operation with espn+ this year. and the ceo said the company is taking a $1.5 billion stake in epic games. it's disney's big
erin delmore has more.says it's on pace to bring in more money this fiscal year and that it expects earnings at least 20% higher than last year. and the company says it's on pace to cut costs. it expects to meet or surpass its goal of cutting $7.5 billion by the end of this fiscal year. the news comes as pressure mounts from an activist investor who has been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in...
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Feb 23, 2024
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erin delmore filed this report. nvidia fever is sweeping wall street.
erin delmore filed this report. nvidia fever is sweeping wall street.
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Feb 7, 2024
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our north america business correspondent erin delmore has more.the door in place on the plane. that door isn't supposed to open. it plugs up an unused emergency exit. but it did open onjanuary the 5th and it flew off the alaska jet just after take—off in portland. now investigators from the national transportation safety board said that the bolts were missing before january the 5th, and they said that it appears that the alaska airlines plane left boeing's factory without the bolts. the report said that the bolts were removed to make a repair, but it appears that not all the bolts were replaced. this is the most detail we have about what went wrong and it puts the blame on boeing. and just days ago, boeing said that a supplier found new problems with holes drilled on unfinished 737 max planes in production. and the company said it would go back to work on some 50 planes, furthering delivery delays. meanwhile, on tuesday, the head of the federal aviation administration told congress his agency would have more boots on the ground to monitor boeing's
our north america business correspondent erin delmore has more.the door in place on the plane. that door isn't supposed to open. it plugs up an unused emergency exit. but it did open onjanuary the 5th and it flew off the alaska jet just after take—off in portland. now investigators from the national transportation safety board said that the bolts were missing before january the 5th, and they said that it appears that the alaska airlines plane left boeing's factory without the bolts. the...
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Feb 9, 2024
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erin delmore has the story.the biggest initial public offering of the year. it priced at $51 us a share, giving the company a $54.5 billion valuation. but now, get this. the company closed thursday's trading day on wall street at nearly $114 a share, giving the company a valuation well over $100 billion, and giving arm its best—ever day on wall street — by far. the company is riding high on wednesday's earnings report, which flaunted higher—than—expected quarterly sales, and a higher—than—estimated forecast for the current quarter and — you guessed it — a higher—than—expected sales estimate for the full year. now, even if you're not familiar with arm, you're probably very familiar with its work. the company powers chips by apple, amazon, google and others and, in fact, their technology is in nearly every smartphone. and amid the fervour and investment frenzy over ai technology, arm is making bank. it's particularly true for the japanese investment firm softbank, which owns a whopping 90% of arm. and it's a miss
erin delmore has the story.the biggest initial public offering of the year. it priced at $51 us a share, giving the company a $54.5 billion valuation. but now, get this. the company closed thursday's trading day on wall street at nearly $114 a share, giving the company a valuation well over $100 billion, and giving arm its best—ever day on wall street — by far. the company is riding high on wednesday's earnings report, which flaunted higher—than—expected quarterly sales, and a...
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Feb 7, 2024
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let's talk about this more now with our north america business correspondent, erin delmore. a simple case of more people getting out there and calling ubers? or is there more to it than that? that's a big part of it, but there's more to it. not only are customers hailing the right, but we also saw food delivery go up. has become a big and important part of the�*s business. the holiday season was good to the company, but also marked the third consecutive quarter of operating profits. it's a great story for tube as it talks about 2023. the ceo said about the shift in economy from written services into services instead ofjust retail. they are really starting to benefit. they have seen their shares double in the last year. notably, the next word is returned is being shared back to shareholders, we expect to know more about that next week. ., ., ., ., , week. you mentioned food delivery there, week. you mentioned food delivery there. that's _ week. you mentioned food delivery there. that's a _ week. you mentioned food delivery there, that's a big _ week. you mentioned food delive
let's talk about this more now with our north america business correspondent, erin delmore. a simple case of more people getting out there and calling ubers? or is there more to it than that? that's a big part of it, but there's more to it. not only are customers hailing the right, but we also saw food delivery go up. has become a big and important part of the�*s business. the holiday season was good to the company, but also marked the third consecutive quarter of operating profits. it's a...