One in four smartwatches in 2023 will be produced by Apple: Report
Apple will establish leadership in the smartwatch segment in the next 4 years, a recent study reveals. The IDC Worldwide...
Technology
Oracle crushes Q4 earnings, revenue expectations; stock spikes
Software giant Oracle (NYSE: ORCL) reported stronger than expected earnings and revenues for the fourth quarter, driving the stock sharply...
Slack is all set to go public tomorrow
Workplace collaboration platform Slack Technologies Inc. will go public on Thursday when its shares open for trading on the NYSE...
Jabil beats on top-line, meets earnings expectation in Q3
Manufacturing services company Jabil Inc (NYSE: JBL) on Tuesday reported third-quarter earnings that were in line with the street expectation....
Adobe stock gains after Q2 earnings exceed expectations
Benefitting from the stable demand for products across all the business segments, Adobe’s (Nasdaq: ADBE) revenues rose sharply in the...
Earnings preview: What to expect from Red Hat’s Q1 report
Open-source software company Red Hat, Inc. (NYSE: RHT), which is on the way to becoming a part of International Business...
Earnings preview: Oracle braces for mixed Q4 amid cloud transition woes
Shares of software giant Oracle (NYSE: ORCL) hovered near the peak once again this week, after retreating from last month’s...
Calendar: Earnings of Oracle, Kroger, Canopy Growth, Red Hat, CarMax on queue
Oracle, Kroger, Canopy Growth, Red Hat, CarMax, and more earnings are scheduled for the week between June 17 and 21....
Earnings preview: Adobe to keep up the momentum in Q2 on cloud power
The main strength of Adobe (Nasdaq: ADBE) is the steady demand for its products across all business segments, especially Digital...
Cryptocurrency debut may not be a cakewalk for Facebook
It’s been several months since Facebook (Nasdaq: FB) unveiled the plan to bring out a cryptocurrency, probably a move aimed...
Cheetah Mobile beats Q1 revenue estimates but misses on earnings
Cheetah Mobile Inc. (NYSE: CMCM) reported better-than-expected revenues for the first quarter of 2019 but earnings fell short of estimates....
Broadcom delivers mixed Q2 results; slashes FY19 revenue outlook
Broadcom (Nasdaq: AVGO) surpassed Q2 earnings estimates, while it missed on revenue targets. Shares of Broadcom slumped about 7% in...
IPO: This online retailer is going public tomorrow, and investors are thrilled
We are seeing some back-to-back tech IPOs this week, with cybersecurity firm Crowdstrike (NASDAQ: CRWD) getting an overwhelming response on...
Chinese smartphone makers shine in Europe; Apple, Samsung lose ground
A recent report has found that Chinese smartphone makers are outshining industry giants Samsung and Apple (NASDAQ: AAPL) in the...
Dassault agrees to buy Medidata for $5.8 billion
French company Dassault Systemes agreed to buy Medidata Solutions Inc. (NASDAQ: MDSO) for $5.8 billion. The all-cash transaction was approved...
Rating downgrade of Lam Research dampens recovery hopes; stock dips 4%
The recovery of Lam Research (LRCX) from last year’s lows had received a boost after the latest earnings report but...
IPO: Things to know as Crowdstrike makes a scintillating market debut
You have probably heard about Crowdstrike already. It has previously unraveled a few high-profile hack incidents, including tracing the 2016...
Top 5 tech M&A announcements so far in 2019
The technology sector is fast evolving with new start-ups offering innovative services popping up on a regular basis. While acquisitions...
Slack reports Q1 FY20 results ahead of next week’s direct listing; loss widens despite customer growth
Slack Technologies Inc., which is going to list its Class A common stock directly on June 20 with a ticker...
Microsoft outpaces Apple, Amazon, Alphabet; stock soars to record high
Microsoft Corporation (NASDAQ: MSFT) outpaced the tech titans Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) in the...
Earnings preview: Broadcom poised to maintain strength in Q2
Broadcom, Inc. (Nasdaq: AVGO), a leading manufacturer of semiconductor devices, is estimated to have retained its positive momentum in the...