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Cheesecake Factory Third-Quarter Profit Up, Comparable-Sales Edge Higher at Namesake Brand
WSJ· 2025-10-28 20:39
Core Insights - The chain reported a profit of $31.9 million amid a softer operating environment for the restaurant industry [1] Company Performance - The reported profit of $31.9 million indicates the company's ability to maintain profitability despite challenges [1] Industry Context - The operating environment for the restaurant industry is described as softer, suggesting potential headwinds affecting overall performance [1]
Visa Sales Jump as Consumers Keep Spending
WSJ· 2025-10-28 20:30
Core Insights - Visa's revenue increased in the fiscal fourth quarter, driven by strong consumer spending which led to higher payment volumes [1] Group 1: Financial Performance - Visa's revenue growth was attributed to healthy consumer spending [1] - The increase in payment volumes contributed significantly to the overall revenue rise [1]
Booking Third-Quarter Profit, Sales Rise as Travel Demand Stabilizes
WSJ· 2025-10-28 20:29
The online travel agency reported a profit of $2.75 billion, or $84.41 a share, thanks to steady travel demand trends. ...
EA's Sales, Profit Drop After Lapping College-Football Launch
WSJ· 2025-10-28 20:21
Core Insights - The company reported a profit of $137 million, translating to earnings of 54 cents per share, for the quarter ending in September [1] Financial Performance - Profit for the quarter was $137 million [1] - Earnings per share stood at 54 cents [1]
Embattled ​Tylenol Maker Kenvue Hires New Marketing Chief
WSJ· 2025-10-28 19:23
Core Viewpoint - The company is facing a crisis regarding concerns about the potential links between Tylenol and autism, prompting a leadership change with the appointment of snack food executive Jon Halvorson [1] Group 1 - The company plans to name Jon Halvorson as the new executive amid the ongoing crisis [1]
Eli Lilly Partners With Nvidia to Build AI Supercomputer for Drug Discovery
WSJ· 2025-10-28 18:30
Core Insights - The drugmaker aims to utilize a supercomputer powered by Nvidia chips to enhance its drug discovery process and reduce lengthy research and development timelines [1] Company Summary - The company is focusing on leveraging advanced technology, specifically Nvidia's supercomputing capabilities, to improve efficiency in finding new drugs [1] - The initiative is expected to significantly accelerate the research and development phases, which are traditionally time-consuming in the pharmaceutical industry [1] Industry Summary - The pharmaceutical industry is increasingly adopting advanced computing technologies to streamline drug discovery and development processes [1] - The integration of supercomputing in drug research is seen as a pivotal move to address the challenges of lengthy R&D timelines faced by the industry [1]
ASM International Orders Miss Forecasts as Chip Demand Remains Fragmented
WSJ· 2025-10-28 18:15
Core Insights - The Dutch company reported third-quarter orders that fell short of analysts' expectations due to a significant decline in bookings from China and uneven demand for semiconductors across various sectors [1] Group 1: Company Performance - Orders for the third quarter were below analysts' forecasts [1] - Bookings from China experienced a substantial decline [1] - Demand for semiconductors remains uneven across different sectors [1]
Nvidia's New Product Merges AI Supercomputing with Quantum
WSJ· 2025-10-28 17:11
Core Insights - Jensen Huang introduced a new interconnect that integrates quantum processors with Nvidia's AI supercomputers, aiming to enhance the performance of both technologies [1] Group 1 - The new interconnect is designed to optimize the capabilities of quantum processors alongside Nvidia's AI supercomputers [1] - This development signifies a strategic move by Nvidia to bridge the gap between quantum computing and artificial intelligence [1] - The integration is expected to unlock new potential applications and improve computational efficiency [1]
Western Union, Early Telegraph Pioneer, Joins the Crypto Arms Race
WSJ· 2025-10-28 16:45
Core Insights - The company plans to launch its own stablecoin in 2026 to facilitate global money transfers, which may reduce customer costs and expedite transaction settlements [1] Group 1 - The stablecoin initiative is aimed at enhancing the efficiency of cross-border transactions [1] - The launch is expected to occur in 2026, indicating a strategic long-term investment in digital currency [1] - The move could potentially lower costs for customers, making financial transactions more accessible [1]