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CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.
Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, , Joe Biden, Donald Trump, Trump, , Global’s, Raines, Christoffer Enemaerke, , Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, , Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, , Nuevo Leon, Asia
Xavi was shown a red card in the second half. “The red card marked the tie. For as much as we speak [about the match], the red card marks everything. PSG manager Luis Enrique, who enjoyed two trophy-filled spells at Barcelona as a player and manager, said he thought his team would have won even without Araújo’s sending off. Obviously, the red card is a factor, but you still have to know how to play these games and not make mistakes.
Persons: Xavi, Germain, István Kovács, Barça, Ronald Araújo’s, Raphinha, Lamine Yamal, Araújo, Bradley Barcola, Kovács, Ousmane Dembélé, Hugo Pfeiffer, Kylian Mbappé, João Cancelo, clumsily, Dembélé, ” Xavi, It’s, , Robert Lewandowski’s, José Ramón, Luis Enrique, Enrique, Kylian, Juan Medina, Reuters “, Lamine, ” Enrique, Atlético Madrid Organizations: CNN —, team’s Champions League, Paris Saint, Tuesday’s, Barcelona, Barcola, PSG, ESPN, Fuente, League, Reuters, ” PSG, Borussia Dortmund, Champions League Locations: CNN — Barcelona, Paris, Romanian, Barcelona
Facing defeat, Raphinha’s smartly taken second goal and Andreas Christensen’s header gave Barcelona the edge going into the second leg on April 16. “We should be proud to say that Barça is alive,” Barcelona manager Xavi told reporters after the club’s first Champions League quarterfinal match since 2020. The host had come into the game on a 27-match unbeaten run but faced a resurgent Blaugrana side which managed to shackle PSG superstar Kylian Mbappé. I’m confident in my team.”The 3-2 scoreline sets up an enticing second leg at the Lluís Companys Olympic Stadium in Spain on Tuesday, when a place in the semifinals will be at stake. The winner will face either Atlético Madrid or Borussia Dortmund in the final four, with the Spanish side taking a 2-1 lead into its second leg in Germany.
Persons: Germain, , Raphinha’s smartly, Andreas Christensen’s, , Xavi, , Kylian Mbappé, Sarah Meyssonnier, Winger Ousmane Dembélé, Vitinha, Barça, Pedri, Christensen, Donnarumma, Luis Enrique, “ We’re, I’m Organizations: CNN — Barcelona, Paris Saint, Champions League, , League, ” PSG, shackle PSG, Parc des Princes, Reuters, PSG, Barcelona, Madrid, Borussia Dortmund Locations: Europe, Barcelona, ” Barcelona, Parc, Spain, Germany
What's more important? AI or the election.
  + stars: | 2024-04-05 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're announcing the finalists for our business, tech, and innovation bracket. What's on deck:This story is available exclusively to Business Insider subscribers. If you're just catching up, a few weeks ago we identified eight of the biggest trends in business, tech, and innovation. And then there were two: the AI race vs the US presidential election. Dan Rosen, founder and partner, Commerce Ventures:Advertisement"As a fintech investor, AI strikes me as more important.
Persons: , we're, Chelsea Jia Feng, Readers, Bruce K, Lee, Dan Rosen, Ira Allen, Tracy Albert, Wendy Craft, Elle, Dodd, Frank, Zach Blank, Nick DiGiovanni, Adam Jeffery, Ian MacNicol, David Einhorn, Jesse Cohn, Greg Coffey, Goldman Sachs, Brian Robinson, Nelson Peltz's, James Park, would've, Justin Sullivan, Marissa Mayer's, Enrique Munoz Torres, Elon Musk, Musk, Lukas Schulze, it's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Keebeck Wealth, Commerce Ventures, CNBC, NBCU, Getty, Elliott Management, Sohn, Street Journal, Disney, UCLA, Yahoo, LinkedIn, Elon, Apple, Ford, Workers, Advertising Research, NCAA Locations: Europe, California, New York, London
Marissa Mayer's company just launched Shine, a photo-sharing app. Enrique Munoz Torres, the cofounder, just quit the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen former Yahoo CEO Marissa Mayer tweeted about the launch of her new app, some people roasted Shine's outdated aesthetic and questioned the purpose of the photo-sharing app. Shine was the third app launched by Sunshine, a company Mayer co-founded with Enrique Munoz Torres, who had also worked with Mayer at Yahoo and Google before that.
Persons: Marissa Mayer's, Enrique Munoz Torres, , Marissa Mayer, Mayer Organizations: Service, Sunshine, Yahoo, Google, Business
In fact, Biden has engaged in a number of interviews this year, particularly with the Black and Hispanic press. “People in D.C. and New York may not always see it,” Michael Tyler, the Biden campaign communications director, told me by phone. The campaign argues that it adds up to media playbook that is inclusive of new media entities and other platforms with broad reach. “Number of times Jason Bateman has done a sit-down interview with President Biden: 2. Some of Biden’s hesitation to speak with the traditional news media likely stems from his frustration with how members of the press have covered him and his campaign.
Persons: Joe Biden, Bill Clinton, Barack Obama, , , Jason Bateman, Sean Hayes, Will Arnett, , Biden, Univision’s Enrique Acevedo, Adrian Carrasquillo, ” Michael Tyler, ” Tyler, Tyler, ” Jennifer Haberkorn, Robert Hur’s, Donald Trump, Obama, Zach Galifianakis, Trump Organizations: New York CNN, New York City, Hollywood, Black, Black Americans, D.C, Biden, Star, POLITICO, Biden White House Locations: New York,
I think Jensen deserves one day a year when he can trace out a vision without a per share attached to it. Sure, plenty of people in line Saturday would, correctly I think, say to "own it, don't trade it." Sure, I was sweating "own it, don't trade it." And, can you imagine if you owned but didn't trade Intel from 1990 to 2000? (Don't tell current Intel CEO Pat Gelsinger, who thinks it is still alive.)
Persons: Lisa, Jensen Huang, Jensen, Lisa Su, Andy Grove, Elon Musk, he's, what's, We've, heaven's sakes, Sam Altman, Jensen's, , Gordon Moore, Robert Noyce, Intel's, Noyce, blowhard, Pat Gelsinger, Enrique Lores, it's, He's, Frank Slootman, Jensen demurred, Frank, AMD's Su, It's, Colette Kress, Jim Cramer's, Jim Cramer, Jim Organizations: Palm, Wine, Club, Nvidia, New Yorker, Devices, Tesla, heaven's, OpenAI, Intel, IBM, HP, AMD, CNBC Locations: Florida, San Francisco, New
Add to that the sponsorships funding his pole vaulting season and a growing online personal training business, and Spotswood anticipates earning around $11,000 a month. "I just went home to my parents and was like, 'Where can I do pole vaulting?'" Spotswood first fell in love with pole vaulting in seventh grade and has since embarked on a 12-year career in the sport. Olympic hopefulAfter graduating from Virginia Tech, Spotswood decided to focus exclusively on professional pole vaulting and hopes to qualify for the Olympic trials in June. Looking aheadAfter 12 years of pole vaulting, 2024 is likely Spotswood's last dance.
Persons: Jake Spotswood, Spotswood, Enrique Huaiquil Spotswood, redshirting, Enrique Huaiquil, he's, George Mason, Jake Spotswood Spotswood, He's, George Mason's, I'm, I've Organizations: CNBC, George Mason University, Virginia Tech, University of Alabama, SEC, Alabama, ACC Championships, George, NCAA, Insurance Locations: Fairfax , Virginia, Fairhope , Alabama, U.S, Paris, Fairfax
The 25-year-old’s double led the French side to a 2-1 victory over Real Sociedad in San Sebastián, Spain, giving it a 4-1 victory on aggregate over the two legs of their round-of-16 clash. Such was the power of his goal that the strike actually broke the net, leaving a hole behind between post and net. Mbappé doubled PSG’s lead on the night and effectively finished off the tie 11 minutes after halftime with another trademark goal. Mbappé scores PSG's second goal against Real Sociedad. Alvaro Barrientos/APAlthough Mikel Merino scored late on to give Real Sociedad some consolation, the evening was all about Mbappé and his excellent outing.
Persons: Kylian Mbappé, Germain, Mbappé, Alejandro Remiro, Alvaro Barrientos, Mikel Merino, “ We’re, , ” Mbappé, Luis Enrique lauding, ” Enrique, France’s, Mbappé –, Harry Kane, Erling Haaland, Rio Ferdinand, , … Mbappé, don’t, Mbappé’s, ’ ”, Owen Hargreaves, Thierry Henry, Ronaldo Nazario, Hargreaves Organizations: CNN, Paris Saint, Champions League, Real Sociedad, PSG, Real Madrid, Bayern Munich, Manchester United, TNT Sports, France Locations: Paris, San Sebastián, Spain, , England
The funeral of a renowned transgender activist in a New York cathedral elicited a denunciation of the event by a senior church official, who called the mass a scandal within one of the preeminent houses of worship in U.S. Catholicism. The Roman Catholic Archdiocese of New York condemned the funeral of Cecilia Gentili, which was held in St. Patrick’s Cathedral in Manhattan and drew a large audience on Thursday. Gentili was known as a leading advocate for other transgender people, as well as sex workers and people with HIV. Photos You Should See View All 33 ImagesThe cathedral held a Mass of Reparation following the funeral at the direction of Cardinal Timothy Dolan, archbishop of New York, Salvo said. “New York’s LGBTQ+ community has lost a champion in trans icon Cecilia Gentili," New York Gov.
Persons: Cecilia Gentili, Gentili, Enrique Salvo, Saint Patrick’s, ” Salvo, Cardinal Timothy Dolan, Salvo, , Lent, , Kathy Hochul, , ” Gentili, Sen, Robert F, Kennedy, Babe Ruth, Edward Dougherty, CatholicVote, Billy Porter, ” CatholicVote, Porter, ” Porter Organizations: Roman Catholic Archdiocese, Patrick’s, HIV, New York Gov, FX, Conservative Locations: New York, St, Manhattan, ‘ America’s Parish, Rikers, , Argentina, Patrick's
CNN —The day after Valentine’s Day, a massive, fabulous funeral was held at St. Patrick’s Cathedral in New York to honor the late, great Cecila Gentili. St. Patrick’s Cathedral is perhaps the most famous Catholic church outside of the Vatican. Enrique Salvo, pastor of St. Patrick’s, did not mince words in a statement he issued from the Archdiocese of New York’s office only days later. Cecilia Gentili's casket is brought into St. Patrick's Cathedral in New York City, on February 15. The Archdiocese of New York revealed its true colors with this statement, and along with them, the persistence of anti-LGBTQ judgment within the Catholic Church.
Persons: Allison Hope, Read, Billy Porter, Gentili’s, Gentili, Patrick’s, ” Allison Hope, Allison Hope “, Enrique Salvo, , Lent, Salvo, , “ Saint Cecilia, Mother, Liaam Winslet, Mary Magdalene, , Cardinal Timothy Dolan, Cecilia Gentili's, Laura Oliverio, Webster, it’s, Pope Francis’s Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Patrick’s, Archdiocese, Gentili, Catholic, Patrick's, Merriam Locations: New, St, New York, Patrick’s, ‘ America’s Parish, “ Saint, New York City, Archdiocese
Philippines Committed to South China Sea Code of Conduct
  + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
By Karen LemaMANILA (Reuters) - The Philippines is firmly committed to negotiations for a code of conduct between China and Southeast Asian countries to avert confrontations in the South China Sea, its foreign minister said on Thursday. Foreign Secretary Enrique Manalo also said tensions in the South China Sea were not all about a rivalry between superpowers the United States and China, and the Philippines, and others, had legitimate rights and interests to uphold. The idea of a code of conduct was hatched more than two decades ago but parties only committed to begin the process in 2017. China has chided the Philippines for encroaching on what it says is its territory. Manalo said a high-level "2+2" meeting of the defence and foreign ministers of the Philippines and United States was planned and dates not yet been finalised.
Persons: Karen Lema MANILA, Enrique Manalo, Manalo, Karen Lema, Neil Jerome Morales, Martin Petty Organizations: Beijing Locations: Philippines, China, Southeast, South China, United States, Taiwan, Beijing, Manila
HOUSTON (AP) — The former mother-in-law of the woman who opened fire at a Houston megachurch tried for years to alert authorities and others, including church staff, about her ex-daughter-in-law’s mental health struggles, she said Wednesday. Two people were wounded in the shooting, including Moreno's son, who was shot in the head. Various questions about the shooting remained unanswered on Wednesday, including Moreno’s motive and details about how she obtained the AR-style rifle she used. Carranza also said that in 2020 and 2021, her attorney sent emails to Lakewood Church asking for assistance with intervening in Moreno's struggles, believing that Moreno's mother attended the church. Iloff said they were still looking but had not found any records showing Moreno's mother attended the church.
Persons: Houston megachurch, Walli Carranza, Carranza, Joel, Genesse Moreno, Moreno, can’t, ” Carranza, Samuel, Enrique Carranza, , Sam, Melissa Landford, Moreno's, Don Iloff, Moreno “, , Iloff, ” Iloff, Osteen, ” Osteen, Jim Vertuno, Juan, Lozano Organizations: HOUSTON, Lakewood, Associated Press, University of Houston, Services, CPS, of Family and Protective Services, Lakewood Church Locations: Houston, Florida, Colorado, Lakewood, Texas, Austin
SHANGHAI, CHINA - JULY 28, 2023 - Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats up. "[The market for] AI PCs is going to continue to expand," said Victor Peng, president of AMD, in an exclusive interview with CNBC on Thursday. He added that the firm expects more adoption of AI PCs in the second half of the year. IDC expects the integration of AI capabilities into PCs to serve as a catalyst for upgrades, hitting shelves this year.
Persons: Victor Peng, Enrique Lores Organizations: Nvidia, Intel, AMD, CNBC, ChatGPT, HP, International Data Corporation, IDC Locations: SHANGHAI, CHINA, Shanghai, China . U.S
MANILA (Reuters) - The Philippines and the United States intend to hold a "2-plus-2 meeting" of top diplomatic and defence officials in Manila in March, the Philippine ambassador to Washington said on Monday. He said there is an "intention" to hold a meeting, and the plan is "still a work in progress." Romualdez did not respond to a question on what will be the agenda of the planned meeting, which comes at a time of simmering tensions between the Philippines and China over the South China Sea. The Philippines is a treaty ally of the United States. There was no immediate comment from the Philippines' defense secretary, the Philippine foreign ministry, and the U.S. embassy in Manila.
Persons: Jose Manuel Romualdez, Antony Blinken, Defense Lloyd Austin, Enrique Manalo, Gilberto Teodoro, Romualdez, Karen Lema, Lisa Shumaker, Diane Craft Organizations: Defense, Nikkei, U.S Locations: MANILA, Philippines, United States, Manila, Philippine, Washington, China, South China
Brian Chaney says he asked for a supervisor during his arrest in Keego Harbor, Michigan, and Police Officer Richard Lindquist told him that another officer present was in charge. The problem: That second officer was not a supervisor or even a member of the Keego Harbor Police Department. Lindquist no longer works for the Keego Harbor police and the AP was unable to reach him. “People hold police in high esteem,” said Robinson, who spent 13 years as a Detroit police officer. “Basically, I think police officers lie because they can,” Feldman said.
Persons: Brian Chaney, Richard Lindquist, Lindquist, he’s, John Fitzgerald, , James Craven, Cato, Gallup, ” Craven, that’s, Enrique Tarrio, Breonna Taylor, Chaney, , “ I’m, ” Lindquist, George Floyd, Fitzgerald, , Fitzgerald —, Leonard Mungo, David A, Robinson, ” Robinson, Robert Feldman, ” Feldman, Jennifer Farrar, ___ Corey Williams Organizations: DETROIT, Keego Harbor Police Department, Harbor Police, Criminal, D.C, Boys, Police, Supreme, New York State, Associated Press, AP, Keego, University of Massachusetts Amherst, Associated Locations: Detroit, Keego Harbor , Michigan, Chaney's, Washington, Portland , Oregon, Black, Louisville , Kentucky, U.S, Illinois, Colorado, Oregon, Keego Harbor, Minneapolis, New York
Ortega made a bold statement with her jacket at the Radio Disney Music Awards in 2018. Jenna Ortega attends the 2018 Radio Disney Music Awards. Jon Kopaloff/Getty ImagesThe actor wore a jacket with the printed message on the back: "I Do Care And U Should Too." Although she changed clothes before exiting the plane, Melania faced backlash from online critics. Ortega's jacket was custom-designed by ArtDoctors in collaboration with her stylist Enrique Melendez.
Persons: Ortega, Jenna Ortega, Jon Kopaloff, Melania Trump, Melania, ArtDoctors, Enrique Melendez, Melendez Organizations: Radio Disney Locations: Texas
A Florida man described by prosecutors as one of the most violent rioters who attacked the U.S. Capitol was sentenced on Wednesday to five years in prison, court records show. Kenneth Bonawitz, a member of the far-right Proud Boys extremist group's Miami chapter, assaulted at least six police officers as he stormed the Capitol with a mob of Donald Trump supporters on Jan. 6, 2021. U.S. District Judge Jia Cobb sentenced Bonawitz to a five-year term of imprisonment followed by three years of supervised release, according to court records. He jumped off a stage built for President Joe Biden’s inauguration and tackled two Capitol police officers. After police confiscated his knife and released him, Bonawitz assaulted four more officers in the span of seven seconds.
Persons: Kenneth Bonawitz, Donald Trump, Bonawitz, , Sean McCauley, District Judge Jia Cobb, Joe Biden’s, Federico Ruiz, Ruiz, Enrique Tarrio, Bonawitz isn't, didn't Organizations: U.S . Capitol, Capitol, . Police, , U.S, District, Justice Department, Washington , D.C, Trump, West Plaza, The Associated Press, Boys, Proud Boys, Biden Locations: Florida, Miami, Pompano Beach , Florida, Washington ,
What We Learned From Bogotá’s Buses
  + stars: | 2024-01-11 | by ( Michael Kimmelman | ) www.nytimes.com   time to read: +1 min
The system, a rapid bus network called TransMilenio, rolled out in 2000. Its buses weren’t as big or as fast as trains, but they were up and running in a fraction of the time and at a vastly lower cost. The idea of rapid buses became the rage from Jakarta to Mexico City, and Enrique Peñalosa, the Bogotá mayor who cooked up the idea for TransMilenio, became a globe-trotting celebrity after his term ended. But there was another colorful character whose contributions to TransMilenio I had to leave on the cutting room floor. (He explained the dropping of his pants by citing the French sociologist Pierre Bourdieu’s concept of “symbolic violence.”)
Persons: Enrique Peñalosa, George Harrison, Dalai, Peñalosa, , TransMilenio, Antanas Mockus, Pierre Bourdieu’s Organizations: Grist, Super, Colombia’s National University, mooning Locations: Bogotá, Colombia, New York, Jakarta, Mexico City
Mexico's Samuel Garcia pulls out of 2024 presidential race
  + stars: | 2023-12-02 | by ( ) www.reuters.com   time to read: +2 min
Governor of Nuevo Leon state Samuel Garcia poses for a picture with students as he arrives at an event of school equipment delivery at the Prepa Tec high school, in Monterrey, Mexico April 25, 2023. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Dec 2 (Reuters) - Samuel Garcia, one of the two main opposition hopefuls competing in Mexico's 2024 presidential election, has withdrawn from the contest to return to his post as governor of the northern state of Nuevo Leon, his party said on Saturday. "I have decided to not participate in the electoral race for President of the Republic," the 35-year-old Garcia said in a statement from the Nuevo Leon government made public by his center-left Citizens' Movement (MC) party. Garcia then became embroiled in a dispute about who would replace him in Nuevo Leon, where his political opponents control the state legislature, which votes in the interim governor. Recent opinion polls have given Garcia around 10% support in the presidential race, putting him behind Xochitl Galvez, candidate of the main opposition alliance.
Persons: Samuel Garcia, Daniel Becerril, Garcia, Luis Enrique Orozco, Garcia's, Orozco, Xochitl Galvez, Mexico City Mayor Claudia Sheinbaum, MORENA, Dante Delgado, Dave Graham, Adriana Barrera, Nick Zieminski Organizations: Tec, REUTERS, MEXICO CITY, Nuevo, ' Movement, Regeneration, Mexico City Mayor, Thomson Locations: Nuevo Leon, Monterrey, Mexico, MEXICO, Republic
The Democratic Panic Over Univision
  + stars: | 2023-11-22 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: Joe Biden turns 81 amid doubtful Democrats. Images: AFP/Getty Images/Storyblocks Composite: Mark KellyHow awful is President Biden’s polling? The Spanish-language TV network Univision is now being pounded for running an interview with Donald Trump that failed to include the type of resistance hostility that Democrats think will shore up Hispanic voters. A network executive might even get called to Capitol Hill. Univision’s hour-long interview at Mar-a-Lago, conducted by the Mexico City-based journalist Enrique Acevedo , was not particularly enlightening.
Persons: Joe Biden, Mark Kelly, Biden’s, Donald Trump, Enrique Acevedo, Trump, , Hannibal Lecter Organizations: Getty, Univision, Mar Locations: Mexico
In a Tuesday interview with CNBC's Jim Cramer, HP Inc CEO Enrique Lores said his company's new computers with artificial intelligence capabilities will help accelerate and grow the PC market. "This will drive significant momentum in the category, some in '24, more in '25, more in '26," Lores said of PCs with AI capabilities. "As we have said before, we think this is going to double the growth of the PC category starting next year." He added that the PC market has begun to recover, saying growth will also be bolstered by the transition from Windows 10 to Windows 11. "We really think that the PC market has started to recover," Lores said.
Persons: CNBC's Jim Cramer, Enrique Lores, Lores, Tuesday's Organizations: HP Inc
HP Inc. CEO Enrique Lores goes one-on-one with Jim Cramer
  + stars: | 2023-11-21 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHP Inc. CEO Enrique Lores goes one-on-one with Jim CramerHP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.
Persons: Enrique Lores, Jim Cramer Organizations: HP Inc
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe think the PC market has started to recover, says HP CEO Enrique LoresHP President and CEO Enrique Lores joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the state of the PC market, printing subscriptions, and more.
Persons: Enrique Lores, Jim Cramer Organizations: Enrique Lores HP
REUTERS/Brendan McDermid Acquire Licensing RightsNov 21 (Reuters) - HP Inc (HPQ.N) on Tuesday forecast first-quarter profit below Wall Street estimates but maintained annual earnings outlook, a sign that demand in the personal computers market is still recovering, sending its shares down nearly 4% after market. HP expects first-quarter adjusted profit per share to be between 76 cents and 86 cents, the midpoint of which was below LSEG estimates of 86 cents. HP maintained fiscal 2024 adjusted profit forecast of $3.25 to $3.65 per share. Sales for HP's personal systems segment — home to its desktop and notebook PCs — fell 8% from a year ago, while its printing segment posted a 3% fall. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Enrique Lores, Lores, Lenovo, Dell, Samrhitha, Shilpi Majumdar Organizations: Hewlett - Packard, New York Stock Exchange, REUTERS, HP Inc, Wall, Companies, HP, Lenovo, HK, Dell, Microsoft, Thomson Locations: New York, U.S, China, Bengaluru
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