Feb 2 (Reuters) – Meta Platforms Inc (META.O) shares rose nearly 20% in premarket trade after the Facebook owner floored Wall Street by slashing its… Read More »Meta mojo is back: Earnings surprise sparks share surge, lifts Big Tech
Feb 1 (Reuters) – Solar technology firm Nextracker said on Wednesday it was aiming to raise up to $534.9 million in its US initial public… Read More »Solar tech firm Nextracker aims to raise up to $534.9 million in US IPO
Feb 1 (Reuters) – Wireless carrier T-Mobile US Inc (TMUS.O) posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals… Read More »T-Mobile misses quarterly revenue estimates
Jan 31 (Reuters) – Mercury Systems Inc (MRCY.O) on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had… Read More »Defense tech firm Mercury Systems announces CFO exit, strategic review
Apple, Alphabet, Amazon slide ahead of earnings Fed decision on interest rates on Wednesday J&J falls after US court rejects talc-lawsuit strategy Indexes down: Dow… Read More »Tech, megacaps drag Wall St lower at start of big market week
Jan 30 (Reuters) – LIV Golf’s 2023 schedule will have 14 events set to be played in seven countries with $405 million in prize purses,… Read More »LIV Golf announces 2023 schedule with 14 events in seven countries
Jan 26 (Reuters) – Intel Corp (INTC.O) said on Thursday it expects to lose money in the current quarter, surprising investors with a bleaker-than-expected outlook… Read More »Intel sees more losses as PC makers sharply cut chip buying; shares slump
Jan 26 (Reuters) – Mobileye Global Inc (MBLY.O) forecast fiscal 2023 revenue higher than analysts’ projections and delivered better-than-expected earnings in the fourth quarter, as… Read More »Mobileye expects smooth ride in 2023 as customers lap up autonomous tech
Jan 26 (Reuters) – Southwest Airlines Co (LUV.N) on Thursday warned of a loss in the current quarter, as passengers shunned the carrier in the… Read More »Southwest Airlines warns of first-quarter loss after tech meltdown
Jan 25 (Reuters) – Microsoft Corp’s (MSFT.O) lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether… Read More »Microsoft’s dour outlook raises red flags for the tech sector