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
STOCKHOLM, Jan 24 (Reuters) – Industrial technology group Hexagon (HEXAb.ST) on Tuesday proposed a 9% increase to its dividend, with the Swedish company’s new CEO… Read More »Industrial tech group Hexagon flags positive momentum
Activist investor Elliott Management takes stake in Salesforce Baker Hughes falls on missing Q4 profit estimates Indexes up: Nasdaq 1.05%, S&P 0.59%, Dow 0.23% Jan… Read More »Wall Street rises as chipmakers lead tech shares higher
KARACHI, Pakistan, Jan 23 (Reuters) – Thousands of mobile phone towers have gone offline across Pakistan due to a nationwide power cut on Monday, an… Read More »Thousands of mobile phone towers go offline in Pakistan after power outage – source
Jan 23 (Reuters) – Microsoft Corp (MSFT.O) said on Monday it would invest more in OpenAI, staking its future on the startup and tech behind… Read More »Microsoft to invest more in OpenAI as tech race heats up
Jan 23 (Reuters) – Xylem Inc (XYL.N) said on Monday it would acquire Evoqua Water Technologies Corp (AQUA.N) in an all-stock deal valued at $6.42… Read More »Water tech firm Xylem to buy Evoqua in $6.42 bln deal in industrial market push
DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings,… Read More »Microsoft to shed 10,000 jobs, adding to glut of tech layoffs