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Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
Big Tech earnings: Microsoft, Google see cloud revenues surgeMicrosoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....
Global Market: China stocks fall as tech selloff deepens despite Fed rate pauseChinese stocks declined as a sharp selloff in technology and AI-related shares outweighed the US Federal Reserve’s decision to keep interes...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
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...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
UB expects Q3 profit growth to moderate on rising costsUnited Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inh...
Logitech sheds $2 billion in market cap as margin concerns overshadow profit beatLogitech's share price dropped by 10% despite exceeding profit expectations for Q2, as analysts suggest that profit-taking and worries abou...
Maruti Q2 net misses street view despite record quarterly salesMaruti Suzuki's consolidated net profit fell by 26% in the fiscal second quarter to ₹2,466 crore. Revenue rose 26% to ₹53,355.5 crore, driv...
Netflix stock price is down 32 per cent this year: What led to this downfall? Check predicted target price, market valueNetflix trades at nearly 18.3 times expected earnings over the next 12 months, compared with 14.76 times for Walt Disney and 6.26 times for...
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
SoFi stock price jumps over 10 per cent after SoFi Technologies Inc Q3 earnings report beats Wall Street estimates, check revenue forecastSoFi earnings: SoFi Technologies Inc's adjusted net revenue surged 44 per cent to a record $1.4 billion in the third quarter, beating expec...
5 world market themes for the week aheadAn important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companie...
Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasyInvestors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
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...
Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo showsThe cuts are part of an effort to build "a stronger performance culture" and address situations where the company "has consistently fallen ...