Text size A Ryzen 7000 Series desktop processor will start at $299. AMD Advanced Micro Devices will grab even more market share if Wedbush is on the money about the chip maker’s latest lineup of proce...
Tag: Computers/Consumer Electronics
CrowdStrike Earnings and Guidance Beat Estimates
Text size CrowdStrike’s strong earnings and guidance are a boon for the cybersecurity-software sector. Michael Vi/Dreamstime CrowdStrike posted better-than-expected results for its fiscal second...
HP Enterprise’s Earnings Match Forecasts. The CEO Sees ‘Enduring Demand.’
Text size The strength of the dollar hit revenue far harder than HP Enterprise expected at the start of the year. Dreamstime Showing resilience in the face of a difficult economic environment and grow...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent. From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and are discounting items to clear out space for holiday goods. Many have already l...
Juniper Networks Had Lousy Earnings. It’s AI Strategy Could Push the Stock Higher.
Text size Juniper Networks’ shares look ready to break out.. Brendan McDermid/REUTERS/Alamy One month ago, Juniper Networks stock looked as good as dead. Now, it’s rallying, and it may just be getting...
EV Charging-Station Operators Set to Battle for Ad Dollars
The next battleground in the fight for U.S. marketers’ advertising dollars may be charging stations used by the growing number of Americans who own electric or hybrid plug-in vehicles. ChargePoint Hol...
Cathie Wood dumps Nvidia stock ahead of results
Is Cathie Wood fearing more bad news from Nvidia? Wood’s ARK Invest funds trimmed their stake in Nvidia NVDA, +0.86% ahead of the graphics chipmaker’s results. Nvidia has already warned on second-quar...
Zoom Video Stock Dives. Citi Says Lowered Guidance May Be ‘Too Optimistic.’
Text size Zoom cited soft performance in its online business, a segment focused on smaller businesses and the consumer. Olivier Douliery/AFP/Getty Images Zoom Video Communications stock dived Tuesday ...
Nvidia, Salesforce, Zoom, Macy’s, and Other Stocks to Watch This Week
Text size Numerous technology and retail companies will report their latest quarterly results this week. Federal Reserve watchers will be tuning into the central bank’s annual confab in Jackson Hole, ...
Nvidia, Salesforce, Zoom, Macy’s, and Other Stocks for Investors to Watch This Week
Text size Numerous technology and retail companies will report their latest quarterly results this week. Federal Reserve watchers will be tuning into the central bank’s annual confab in Jackson Hole, ...
Largest U.S. Pension Bought EV Stocks Rivian and Li Auto. What It Sold.
Text size The Rivian R1S. Pension giant Calpers bought more Rivian shares in the second quarter. Courtesy of Rivian America’s largest public pension has increased bets in electric-vehicle makers. Cali...
Cisco Reports Earnings Today. What Wall Street Expects.
Text size Cisco shares closed up 0.4% on Tuesday, at $46.77, off 26% for 2022. Angel Garcia/Bloomberg Investors are eagerly awaiting the latest results from technology bellwether Cisco to get an updat...
Berkshire Hathaway boosts Apple, Amazon stakes
Warren Buffett’s Berkshire Hathaway Inc. BRK.A, +0.55% BRK.B, +0.42% added to its positions of Amazon.com Inc. AMZN, -0.26% and Apple Inc. AAPL, +0.63% over the past quarter, according to a filing wit...
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
Unity Board Opposes AppLovin’s $17.5 Billion Buyout Offer
Updated Aug. 15, 2022 10:48 am ET Listen to article (2 minutes) Unity Software board has unanimously agreed that the $17.5 billion buyout offer from AppLovin isn’t in the best interests of shareholder...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...