Advanced Micro Devices (NASDAQ: AMD) has made a habit of impressing reviewers and customers alike with each of its Ryzen desktop CPU launches over the past five years. The problem the company is facing with its latest Ryzen 7000 chips is not that they aren't good products. Amazon ranks its top-selling CPUs, and the good news for AMD is that its products occupy the top two spots. Read More...
Reuters
Brazil’s Petrobras to pay out $8.5 billion dividend amid squabble
SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion) on its third quarter results, the firm said on Thursday, amid controversy over its massive payouts. Petroleo Brasileiro SA, as it is formally known, has been a cash cow for its investors in recent quarters, including the Brazilian government, which owns a controlling stake in the company. For a second consecutive quarter, the firm will pay out to its shareholders at least double the amount distributed by each of the five biggest Western oil producers – Exxon Mobil Corp, Chevron Corp., Shell PLC, TotalEnergies and BP.
