Thursday, November 3, 2022

Lenovo reports Q2 revenue down 4% YoY to $17.09B, above estimates, the first decline in 10 quarters as pandemic-fueled global PC demand weakens (Josh Ye/Reuters)

Josh Ye / Reuters:
Lenovo reports Q2 revenue down 4% YoY to $17.09B, above estimates, the first decline in 10 quarters as pandemic-fueled global PC demand weakens  —  China's Lenovo Group (0992.HK) reported its first revenue decline in 10 quarters as a pandemic-fuelled computer sales boom comes to an end …



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Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now sign (Anna Edgerton/Bloomberg)

Anna Edgerton / Bloomberg : Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and othe...