July 15 Reuters SolarEdge Technologies said on Monday it would lay off 400 employees, of which 200 are in Israel, as it works to restore profitability and ensure financial stability. The action is being taken across all departments and includes a reduction in both headcount and discretionary spending, the renewable energy firm said in a letter […]

July 15 Reuters U.S. auto retailer AutoNation said on Monday it expects a 1.50 per share hit to its secondquarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK in June, a crucial selling period for car dealers. The attack prompted CDK to take down its dealer management system DMS, […]

July 15 Reuters Shoppers are likely to spend roughly 14 billion during Amazon39;s Prime Day twoday shopping event this week, according to projections from Adobe Analytics, a firm that studies ecommerce transaction data. Spending at Amazon on Tuesday and Wednesday could rise 10.5 from Prime Day 2023, Adobe said. The online retailer began holding Prime Day […]

Analysts expect secondquarter profit of T236.1 bln Q2 revenue jumps, beats market expectations Stock price has surged on chip demand for AI applications Earnings call at 0600 GMT on Thursday TAIPEI, July 15 Reuters Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30 […]

July 15 Reuters Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from property website Rightmove showed on Monday. The company said the average asking price was 373,493 pounds 484,943 for property put on […]