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Sales of 'services' help Apple beat earnings forecastsApple reported a record September quarter revenue of $102.5 billion, driven by strong iPhone and services performance. Despite tariff impac...- Adobe shares slump 7% as investors skeptical of quicker AI-adoption returnsAdobe's stock experienced a 7% drop due to investor apprehension regarding the timeline for AI integration to yield profits, despite an inc...
- Adobe shares slide as investors skeptical of quicker AI-adoption returnsThe San Jose, California-based creative software veteran is relied on by creatives for its tools including Photoshop and Premiere Pro. The ...
- Marvell forecasts second-quarter revenue above estimates on strong demand for custom AI chipsMarvell said in its post-earnings call that it expects AI tailwinds to remain strong, driven by robust hyperscaler spending, new sovereign ...
- AI personal shoppers hunt down bargain buysThe AI adjusts the clothing size to fit, accounting for how fabrics drape, according to Google head of advertising and commerce Vidhya Srin...
- Pinterest shares surge as strong ad spend defies tariff uncertaintyPinterest shares surged 11% after a strong revenue forecast eased ad-spending concerns. Solid Q1 results, AI-driven ad tools, and a growing...
- Salesforce shares scale record high on promising AI toolsSalesforce hit a record high of $368.7 in early morning trading and is set to add more than $35 billion to its market valuation of $316.85 ...
- Broadcom shares slump as revenue target disappoints investors hoping for big AI boostBroadcom posted big declines in revenues from its broadband and non-AI networking divisions on Thursday, while a hike in its forecast for A...
- All eyes on AI to drive Big Tech earningsOver the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and wh...
- Arm shares fall 6% as tepid forecast takes shine off AI optimismShares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the...
- Nvidia's record rally may be showing signs of overheatingShares of the Santa Clara, California-based company have climbed 22% during their latest surge, adding about $220 billion in market value, ...
- Shopify merchants seek AI boost for key sales decisionsAnalysts expect sales of Shopify's merchant products, which includes Shopify Magic, to increase 21% to $1.2 billion compared to last year, ...
- SoftBank's chip designer Arm extends gains after $65 bln Nasdaq debut"The huge enthusiasm around trading suggests there is very much still appetite for high-growth names, and there's growing hope that the IPO...
- Pinterest's ad woes hurt revenue growth, shares slumpWhile Pinterest said that the ad market was stabilizing, it warned the market was still uncertain.
- Snap's earnings may hold positive news for Meta, GoogleSnap's direct response advertising business, which is key for market leaders Meta and Google, was a bright spot.
- Tinder owner Match to lay off about 8% staff after downbeat forecastThe company has already cut jobs in the United States and the process is ongoing in other countries, chief financial officer Gary Swidler s...
- Musk's $44-billion Twitter deal at risk of being repriced lower - Hindenburg"Musk holds all the cards here," Hindenburg, which has a short position on Twitter, said in a report. "If Elon Musk's bid for Twitter disap...
- Shopify's revenue growth slowest in seven years, shares plungeShopify's first-quarter revenue rose 22% to $1.2 billion, a far cry from nearly 100% growth during the early days of the pandemic. Analysts...
- Can Elon Musk make Twitter more profitable?Even if Twitter's business prospects may not be his top concern, the world's richest man will be looking to at least not lose money, especi...
- Ukraine halts half of world's neon output for chips, clouding outlookSome 45%-54% of the world's semiconductor grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas...
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