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August 2, 2024
One of the funding commitments was for the creation of a next-generation exascale computer, which would have...
admin
August 2, 2024
Microsoft's lead in artificial intelligence along with a program to provide credits to early-stage companies is making...
admin
August 2, 2024
The company is navigating slower sales in its core retail business, and said the chaotic news cycle...
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August 2, 2024
The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in AI...
admin
August 2, 2024
The Turkish government did not disclose a reason for the ban nor how long it would be...
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August 2, 2024
Asian stocks including Samsung and TSMC closed lower as European chip firms including ASML also dropped.
admin
August 2, 2024
Nintendo sold 2.1 million units of its flagship Switch consoles, down 46% from the 3.91 million units...
admin
August 2, 2024
Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities...
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August 2, 2024
Investors are focused on how much mega-cap tech companies are spending on their AI buildouts. Apple is...
Amazon says distraction of Olympics, Trump assassination attempt contributed to weak forecast

3 min read
admin
August 1, 2024
Amazon CFO Brian Olsavsky told reporters after the company's earnings reports that "we do see different traffic...
admin
August 1, 2024
DoorDash reported second quarter results Thursday that beat analysts' expectations for revenue.
admin
August 1, 2024
Block, formerly known as Square, reported better-than-expected earnings for the quarter even as revenue missed estimates.
admin
August 1, 2024
Amazon's online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase,...
admin
August 1, 2024
Snap issued a forecast for the third quarter that trailed analysts' estimates.
admin
August 1, 2024
Amazon Web Services grew sales by 19% in the latest quarter, expanding at a faster rate than...
admin
August 1, 2024
Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter dividend following weak...
admin
August 1, 2024
Cryptocurrencies slid on the first day of August, after a batch of economic data heightened investor worries...
admin
August 1, 2024
Analysts expect Amazon to show revenue growth of 10.5% in its second-quarter earnings report.
admin
August 1, 2024
This year, the "main event" won't be Apple's earnings, it's what Apple says about the September quarter.
admin
August 1, 2024
Shares of Meta popped after the company released second-quarter earnings that beat Wall Street's expectations and offered...