ANZ reaches a profit milestone; Lockdowns in China dent Starbucks’ balance sheet; AMD celebrates a strong first quarter.

04/05/2022 12 min

Listen "ANZ reaches a profit milestone; Lockdowns in China dent Starbucks’ balance sheet; AMD celebrates a strong first quarter."

Episode Synopsis

The New Zealand based part of ANZ’s (ANZ) business increased its net profit by 18 per cent, representing a lift from $930 million to $1.1 billion dollars. The China lockdowns have forced Starbucks (SBUX) to suspend their guidance for the year. AMD (AMD) experiences 71 per cent sales growth in the quarter.
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