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Amazon’s cloud business just recorded its weakest growth to date and missed analysts’ estimates

2 min read

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Amazon’s cloud business just recorded its weakest growth to date and missed analysts’ estimates

admin October 27, 2022

Amazon Web Services reported weaker-than-expected revenue in the third quarter.

Intel announces up to $10 billion in cost reductions through 2025

Intel announces up to billion in cost reductions through 2025

3 min read

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Intel announces up to $10 billion in cost reductions through 2025

admin October 27, 2022

Intel said that it intends to find cost reductions and efficiencies worth up to $10 billion through...

Dogecoin surges 35% as Elon Musk’s Twitter deal approaches close

4 min read

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Dogecoin surges 35% as Elon Musk’s Twitter deal approaches close

admin October 27, 2022

Dogecoin is up 35% since Monday as Elon Musk's deal to buy Twitter approaches a close.

Meta shares plunge 24% to the lowest price since 2016

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Meta shares plunge 24% to the lowest price since 2016

admin October 27, 2022

Shares of Meta continued to sell off on Thursday as investors and analysts digested the company's earnings...

Mobileye pops more than 30% in market debut after spinning out of Intel

2 min read

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Mobileye pops more than 30% in market debut after spinning out of Intel

admin October 26, 2022

Shares of self-driving car technology company Mobileye climbed in their first day of trading on Wednesday after...

Facebook parent Meta reports third-quarter earnings after the bell Wednesday

3 min read

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Facebook parent Meta reports third-quarter earnings after the bell Wednesday

admin October 26, 2022

Meta is staring at a second straight quarter of declining revenue as investors await commentary on the...

Voters want to see more crypto regulation, industry poll finds

1 min read

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Voters want to see more crypto regulation, industry poll finds

admin October 26, 2022

The national survey of 1,200 likely voters was commissioned by the industry-backed group Crypto Council for Innovation.

Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

2 min read

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Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

admin October 26, 2022

Goldman Sachs analysts were not discouraged by the weaker, cyclical segments, and they reiterated their buy rating...

Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns

4 min read

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Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns

admin October 26, 2022

Ofcom Chief Executive Melanie Dawes said self-regulation of the metaverse wouldn't fly under U.K. online safety laws.

Microsoft drops 6% after revealing weak guidance on its earnings call

4 min read

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Microsoft drops 6% after revealing weak guidance on its earnings call

admin October 25, 2022

Microsoft's cloud revenue was lower than expected, and growth should slow further in the next quarter. Now...

News

Amazon’s cloud business just recorded its weakest growth to date and missed analysts’ estimates

Intel announces up to $10 billion in cost reductions through 2025

Dogecoin surges 35% as Elon Musk’s Twitter deal approaches close

Meta shares plunge 24% to the lowest price since 2016

Meta shares plummet 13% on weak fourth-quarter forecast and earnings miss

Elon Musk carried a sink into Twitter on Wednesday as deal nears close

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him

Mobileye pops more than 30% in market debut after spinning out of Intel

Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefitted him

Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.

Facebook parent Meta reports third-quarter earnings after the bell Wednesday

YouTube’s shrinking ad business is an ominous sign for the battered online ad market

Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak

Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown

Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta

Voters want to see more crypto regulation, industry poll finds

Microsoft shares sink more than 8% on weak guidance, but analysts bullish on rebound

iPhones will get USB-C charging after Apple says it will have to comply with EU law

Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns

Microsoft drops 6% after revealing weak guidance on its earnings call

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