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Tech News
/ 2 months agoAmazon cloud computing results fail to impress, shares drop after hours
Amazon.com forecast third-quarter sales above market estimates on Thursday but failed to live up to lofty expectations for its Amazon Web...
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Tech News
/ 2 months agoLumen narrows loss, lifts free cash flow forecast on tax savings
Lumen Technologies on Thursday reported a smaller-than-expected second-quarter loss and raised its full-year free cash flow forecast by more than 60%,...
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Tech News
/ 2 months agoReddit forecasts strong revenue on AI-driven ad strength, shares surge
Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising driven by its artificial intelligence-powered marketing...
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Tech News
/ 2 months agoRoku beats second-quarter revenue estimates, shares rise
Roku topped Wall Street estimates for second-quarter revenue on Thursday, helped by its expanding user base and advertising sales, sending its...
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Tech News
/ 2 months agoCoinbase quarterly profit falls on trading dip, shares fall
Coinbase Global reported a drop in adjusted profit for the second quarter on Thursday, as gains in subscription and services revenue...
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Tech News
/ 2 months agoMonolithic Power forecasts third-quarter revenue above estimates on AI demand
Monolithic Power Systems forecast third-quarter revenue above estimates on Thursday, betting on strong demand for its power control products and semiconductors...
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Tech News
/ 2 months agoApple crushes Wall Street expectations as iPhone sales soar
Apple on Thursday reported sales and profit that far surpassed expectations, with some customers making iPhone purchases early to avoid U.S....
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Tech News
/ 2 months agoDXC raises annual forecast on robust cloud demand
IT services company DXC Technology raised its annual revenue and profit forecast on Thursday, driven by steady enterprise spending on its...
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Tech News
/ 2 months agoKLA forecasts first-quarter revenue above estimates, but flags China weakness
KLA Corp forecast first-quarter revenue above Wall Street estimates on Thursday, expecting booming demand for AI processors to drive sales of...
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Tech News
/ 2 months agoActivist Carronade builds pressure on Viasat to split business
Activist investor Carronade Capital Management urged Viasat to split its defense business as part of the satellite communications firm’s ongoing strategic...
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