Viacom Q4 profit dips 43% but beats estimates
Viacom (VIAB) reported a 43% dip in earnings for the fourth quarter due to higher costs and expenses as well...
Technology
Sonos stock soars on upbeat Q4 results, guidance
Sonos Inc. (SONO) reported a narrower loss in the fourth quarter helped by the sales of smart speaker Beam and...
Nvidia stock falls on Q3 revenue miss, weak guidance
Earnings of semiconductor giant Nvidia Corp. (NVDA) surged and topped estimates in the third quarter of 2019 when all the...
Applied Materials Q4 earnings in line with estimates, stock drops on weaker outlook
Applied Materials (AMAT) reported fourth quarter 2018 earnings after the market closed today. The company posted EPS of $0.97, meeting...
NetEase Q3 profit dips 39% but beats estimates
China’s internet and online game services provider NetEase Inc. (NTES) reported a 39% dip in earnings for the third quarter...
Uber’s loss continues in Q3, revenue and bookings increase
Uber, which is set to become a public company in 2019, reported its results for the third quarter of 2018....
Microsoft is on a mission to make AI accessible to all
It seems artificial intelligence is the latest fad for Microsoft (MSFT), with most of the company’s expansion initiatives this year centered...
Cisco stock gains after Q1 results beat on broad-based growth
Another impressive performance by its key business segments pushed up Cisco’s (CSCO) revenues in the first quarter, defying the challenges...
NetApp Q2 profit jumps 39%, beats estimates
NetApp Inc. (NTAP) reported a 39% jump in earnings for the second quarter driven by strong product revenues. The results...
Survey reveals low employee morale at Facebook
Facebook Inc. (FB) saw a drop in both stock price and employee morale over the past year. According to a...
S&P 500 falls for the fifth day in a row as Apple, tech stocks tumble
The S&P 500 Index fell on Wednesday with Apple (AAPL) continuing its slip sliding 2.7%, pushing tech stocks further down...
Snap faces investigation over IPO disclosures
Snap Inc. (SNAP) is facing an investigation by the US Department of Justice and the Securities and Exchange Commission over...
Earnings preview: MI-Fallout to boost Viacom results in Q4
Two blockbusters – A Quiet Place and Book Club – had provided a significant boost to Viacom (VIAB) earnings during...
User claims iPhone X exploded during iOS update; Apple to probe the incident
An iPhone X user from Federal Way, Washington, on Wednesday, tweeted that his device emitted smoke and exploded after it...
Faster networks come with bigger challenges as 5G era sets in
Discussions about the telecom sector are incomplete these days with no reference to the fifth-generation (5G) wireless network. The general...
SurveyMonkey’s loss widens while revenue jumps in Q3
SurveyMonkey, the parent company of SVMK Inc (SVMK) reported its first quarterly results after becoming a public company. For the...
Vodafone rises on cost-cutting steps and unchanged dividend despite posting a loss
British telecom major Vodafone Group (Nasdaq: VOD, LSE: VOD.L) reported a loss of EUR7.8 billion for the six months ended...
With iPhone hype reaching its peak, Apple needs a reality check
The changing order trends at Apple’s (AAPL) component suppliers often trigger speculations about the health of the tech giant’s product...
SurveyMonkey to report its first-ever earnings results as a public company
Just after a day Qualtrics, a survey software firm, got acquired by SAP SE (SAP) in an $8 billion deal,...
Snap content head quits amid turnaround efforts
A lot has been happening at Snap (SNAP) these days, at a time when the social media app is struggling...
Veritone Q3 revenue soars 103%, beats estimates
Veritone Inc. (VERI) reported a narrower loss in the third quarter as the contributions from recent acquisitions and organic sales...