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INTEL REVENUE FOURTH QUARTER
Intel forecast disappoints as Israel fab blast, PC weakness weighThe guidance could test confidence in a stock that has more than doubled this year, as investors weigh ongoing manufacturing constraints an...
Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single dayShares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued o...
Intel Stock Crash: Can chipmaker revive its turnaround strategy?Intel shares plunged over 20% after the chipmaker issued a weaker-than-expected Q4 earnings outlook. Manufacturing bottlenecks, rising memo...
Tech firms take fresh hit as earnings misses fan AI fearsTech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep con...
Reddit posts search traffic declines, will push visitor sign-ins to curb data scrapingReddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scrapi...
Amazon projects fourth quarter sales below estimatesIt expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 ...
Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
Weak quarter for Intel sends shivers through cooling chip stocksChip stocks, particularly those affected by Intel's earnings, faced significant declines following the report's release. Intel attributed i...
Intel Stock crashes 21% despite earnings beat: Why is Wall Street worried about INTC’s Q4 outlook?Intel stock (INTC) plunged more than 21% in after-hours trading after its third-quarter earnings report revealed a weaker-than-expected fou...
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
Google stock falls over 10% after Alphabet misses Q3 revenue estimates: Why analyst sees buying opportunityGoogle stock fell more than 10% in after-hours trading after Alphabet missed third-quarter earnings and revenue estimates. Despite weaker a...
STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billionSTMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and sate...
Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
Google misses Wall Street expectations, Alphabet stock sinks in early after-hours tradingThe Mountain View, California-based company said its net income was $26.17 billion in the July-September period. That's down from $34.98 bi...
Dropbox announces reduction of global workforce by about 9%In a significant move, Dropbox Inc will reduce its global workforce by roughly 9%, expecting to incur extra costs of $20 million to $25 mil...
US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocksUS Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader se...
US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
Spotify forecasts fourth-quarter profit above estimates on AI betsSpotify is predicting a stellar fourth-quarter profit that could outshine Wall Street's forecasts, largely driven by its innovative AI feat...
Netflix issues weak fourth-quarter forecast, shares dropThird-quarter revenue rose 11.8% to $12.87 billion, in line with Wall Street forecasts, but the lowest rate of increase in nearly three yea...