WORLDRETHINK:Twitter tour on July 25, 2020 - Mixes financial results in COVID19 times

Domingo Trassens

@trassens

#WR: Mixed financial results of tech companies in the three worse COVID-19's months: "Verizon revenue drops." Intel revenues climbed but its more advanced chips are in delay. "AT&T profit sags." Schlumberger (oil) plans to cut 21,000 jobs. #revenue #COVID19 #Intel #Verizon #ATT

 

 

 

Domingo Trassens

@trassens

#WR: Intel reported reasonable results for the COVID-19 times. https://wsj.com/articles/intel-reports-profit-surge-but-warns-of-further-delays-on-advanced-chips-11595536707

via@WSJ

Intel Reports Profit Surge But Warns of Further Delays on Advanced Chips

Intel reported stronger second-quarter earnings, buttressed by a work-from-home economy that has spurred demand for computing power, but it signaled a delay in its development of superfast chips.

wsj.com

 

 

 

Domingo Trassens

@trassens

#WR: COVID-19 times are not good for make normal businesses. "The largest U.S. cellphone carrier by subscribers reported a net gain of 173,000 postpaid phone connections during the three months that ended in June" https://wsj.com/articles/verizon-revenue-drops-as-coronavirus-slows-phone-shopping-11595593330

via@WSJ

Verizon Revenue Drops as Coronavirus Slows Phone Shopping

The largest U.S. cellphone carrier continued to add customers during the coronavirus pandemic, though quarterly revenue declined in its core wireless business and its online advertising unit.

wsj.com

 

 

SOURCES: The Wall Street Journal