Microsoft has finally released its artificial intelligence-powered search engine, and some of the early reviews are good. But what will it mean in to the bottom line? Read More...
Equinor shares soar on record 2022 profit, Q4 beat
Equinor on Wednesday posted a record $74.9 billion adjusted operating profit for 2022, more than double its previous high, as gas prices soared and fourth-quarter results beat expectations, boosting its share price by 7%. The Norwegian oil and gas producer’s adjusted earnings before tax and interest for October-December rose to $15.1 billion from $15 billion a year earlier, beating the $14.4 billion predicted in a poll of 25 analysts compiled by Equinor. Equinor raised its regular quarterly dividend and said it expected to see an annual cash flow from operations after tax of around $20 billion per year for the rest of the decade.