Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary...
Technology
Earnings preview: Integrated circuits demand to drive Photronics Q4 results
Photronics (PLAB) is set to release its earnings for the fourth quarter on Wednesday before the bell. The electronics imaging...
Earnings preview: Adobe has a lot of upside in 2019
Adobe (ADBE) stock touched an all-time peak of $275.49 on October 1. Since then, the stock is down 13%, primarily...
Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear market. While...
Facebook’s image suffers some more bruising
Facebook Inc. (FB) had its share of controversies this year. From the much-talked-about Cambridge Analytica scandal to security breaches to...
California professor uses AI to detect fake news
A professor at the University of California has developed an algorithm to detect fake news with 75% accuracy. In our...
Broadcom stock jumps after Q4 results crush estimates
A further strong growth in demand across all the main business segments lifted Broadcom’s (AVGO) fourth-quarter earnings and revenues. Shares...
Disney+ already looking like a formidable rival to Netflix
Last month, Disney (DIS) CEO Bob Iger announced that its streaming service will be called Disney+ and that it will...
Days after truce, Huawei CFO’s arrest likely to break US-China ties
Amidst the rising trade tensions between the US and China, the 90-day temporary resolution reached at the Argentina G20 Summit...
Momo misses Q3 earnings estimates but revenues come in line
Momo Inc. (MOMO) missed market expectations on earnings for the third quarter of 2018 while revenues came in line with...
Synopsys swings to Q4 profit on tax benefit
Synopsys Inc. (SNPS) swung to a profit in the fourth quarter from a loss last year, helped by a benefit...
Okta surpasses top and bottom line estimates for Q3
Okta (OKTA) reported its Q3 2019 earnings results on Wednesday evening. The company’s top and bottom line results beat analysts’...
Cloudera posts narrower-than-expected Q3 loss
Cloudera Inc. (CLDR) reported a narrower loss for the third quarter helped by a jump in subscription revenue. The results...
Huawei excluded from BT’s 5G plans
British telecom company BT Group has dropped Huawei Technologies from the development of its core 5G network that it plans...
ATVI, EA, TTWO fall as Fortnite battles royale-style
There were three strong players as the game started – Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two Interactive (TTWO)....
Waymo One Launch: How to book a ride on Waymo self-driven car
Google’s autonomous car project is finally on the road as Waymo CEO John Krafcik announced the launch of commercial self-driving...
Qualcomm unveils first 5G smartphone prototype at Snapdragon summit
“We are months away from launching 5G.” Addressing a crowd of experts and journalists at the Snapdragon Technology Summit, Qualcomm...
Earnings: After a blockbuster IPO, Elastic stretches gains on strong Q2
Open source search engine Elastic (ESTC), which debuted in the New York Stock Exchange in October, posted better-than-expected second quarter...
MongoDB stock rises on upbeat Q3 results, guidance
MongoDB Inc. (MDB) reported a wider loss in the third quarter as higher costs and operating expenses overshadowed the 57%...
Hewlett Packard Enterprise tops Q4 estimates, maintains FY19 outlook
Hewlett Packard Enterprise (HPE) reported its fourth quarter of 2018 earnings after the bell. The company posted earnings of $0.45...
Smartsheet exceeds Q3 estimates, stock surges
Cloud-based solutions provider Smartsheet (SMAR) came out Q3 loss of 9 cents per share and revenue of $47 million, beating...