Earnings preview: Jabil needs to undo the declines
Electronics manufacturing company Jabil Inc (JBL) is scheduled to report first-quarter earnings on Tuesday, December 18, after the closing bell....
Technology
Companies reporting earnings this week: Dec 17 – 21
A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce third-quarter earnings...
Earnings preview: Weak cloud to hurt Oracle Q2 results
Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The top line...
Earnings Preview: IBM deal in focus as Red Hat gears up for Q3 report
The upcoming earnings announcement of Red Hat (RHT) will be one of the most closely-watched events, with investors looking for...
Adobe stock drops on Q4 earnings miss and weak guidance; revenues beat
Shares of Adobe Systems (ADBE) slipped Thursday after the software solutions provider reported weaker than expected earnings for the fourth quarter,...
JinkoSolar supplies solar modules to 1500V Greek power project
Greek renewable energy provider juwi Hellas SA got a huge lift today as Chinese solar giant JinkoSolar (JKS) announced the...
Apple has grand expansion plans for the US
Apple Inc. (AAPL) announced some major expansion and job creation plans at its facilities across the US. The most noteworthy...
Ciena stock rises on upbeat Q4 results
Ciena Corporation (CIEN) reported a 95% plunge in earnings for the fourth quarter due to a decline in income tax...
KT Corp launches 5G service in South Korea with an AI robot!
With 5G commercial network expected to churn 1.5% of South Korea’s GDP by 2025, various carriers in the Eastern country...
How did these acquisitions turn out for Verizon and AT&T?
Verizon (V) acquired Yahoo and AOL over two years ago while AT&T (T) acquired Time Warner this year. Both acquisitions...
2019 will see the marriage of cloud computing and AI
Artificial intelligence and cloud computing will go hand in hand by next year, according to a recent report. As per...
Tencent Music starts trading today, raises about $1.1 bn in IPO
Following months of uncertainties, Tencent Music Entertainment will finally debut on the New York Stock Exchange today under the symbol...
Photronics’ Q4 results beat estimates
Photronics Inc. (PLAB) beat analysts’ expectations on both revenue and earnings for the fourth quarter of 2018. Despite the beat,...
Google CEO Sundar Pichai tells Congress his side of the story
After Facebook (FB), it was pal Google’s turn to face Congress. The Alphabet (GOOGL) subsidiary’s CEO, Sundar Pichai, testified before...
Shareholders clear decks for Dell to return to public markets
By securing shareholders’ approval for the buyout of Dell’s (DVMT) tracking shares, CEO Michael Dell Tuesday cleared probably the final...
We might soon get self-navigating ships, thanks to this AI startup
Three friends — Ugo Vollmer, Clement Renault and Antoine de Maleprade — who once used their skills to hack radio-controlled...
25 operators will roll out 5G in 2019: Report
Though network operators are yet to roll out 5G services at even one location and device makers are yet to...
Countries that have banned Huawei from their 5G plans
2018 has not been the best year for Huawei Technologies. The company was banned by several countries from their 5G...
Smart speaker industry will grow 63% in 2019, Deloitte predicts
Good news for tech giants; smart speakers are all set to take over the world. According to Deloitte’s Technology, Media...
These 2 tech startups may follow Spotify’s method of direct listing over IPO in 2019
When Spotify (SPOT) opted for an untraditional method of direct listing in April, it raised quite a few eyebrows. Shareholders...
SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking...