As the world emerges from the pandemic, tech companies have been put in a tough spot. They’re under pressure to sustain pandemic-era boosts, and many of them have struggled to meet the challenge, incl...
Tag: Computers/Consumer Electronics
C3.ai increases full-year revenue outlook, but stock dips
Shares of C3.ai Inc. were headed lower in after-hours trading Wednesday, though the maker of artificial-intelligence software reported better-than-expected revenue and earnings results and raised its ...
Splunk stock shows volatility following surprise profit, new CEO
Splunk Inc. rallied at first in the extended session Wednesday but then shed those gains, dipping into negative territory, as the cloud-based enterprise software company reported a surprise profit, to...
Zoom, Salesforce, Target, Costco, and Other Stocks for Investors to Watch This Week
U.S. stock and bond markets will have plenty of action on the last day of February with earnings from HP Inc., Lucid Group, and stay-at-home play Zoom Video Communications expected on Monday. Earnings...
Nokia Is Remaking Itself Into a 5G Leader. Now Might Be the Time to Plug Into the Stock.
Nokia unveiled a broad restructuring plan last March. Roni Rekomaa/Bloomberg Text size Nokia has had a tough few years, but the Finnish telecom giant has successfully engineered the first part of its ...
Intel Pays Up for Foundry Expertise
For anyone doubting Intel Corp.’s ambitions to make chips for others, the company’s acquisition of Tower Semiconductor should lay their doubts to rest. The deal reported by The Wall Street Journal lat...
Shopify Stock Sinks Because the Company Sees a Sales Slowdown
Text size Dreamstime Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in...
Shopify Stock Sinks as It Sees Revenue Slowdown in First Half of 2022
Text size Dreamstime Shopify stock was dropping Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds ...
Nvidia’s Earnings Are Today. What to Expect.
Text size The graphic chip giant has become the top semiconductor maker in the U.S., eclipsing Intel. Justin Sullivan/Getty Images Graphics chip giant Nvidia is expected to post strong financial resul...
Virgin Galactic Stock Surges. Reservations for Space Will Open Wednesday.
Text size Reservations for Virgin’s space tourist flights will open Wednesday. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic is getting closer to commercial operations. The comp...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Opinion: These 5 tech stocks — including small caps you probably don’t know — can lead the sector’s comeback
Amid all the big swings in the S&P 500 and other benchmarks, it’s natural for many investors to be worried. But as the adage attributed to Warren Buffett goes, sometimes it pays the most to be gre...
Twilio shares surge 28% on earnings, sales that top analyst estimates
Shares of Twilio Inc. quickly jumped 28% in extended trading Wednesday after the company posted earnings and sales that breezed past Wall Street estimates as well as a strong outlook. The company TWLO...
Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two
Zynga Inc. reported record results in the extended session Wednesday with a slight bottom-line miss, but shares of the videogame publisher were flat after hours given its pending acquisition by Take-T...
New Relic Stock Tanks as Guidance Disappoints. Here’s What Analysts Are Saying.
Text size Dreamstime New Relic was falling 29% on Wednesday, a day after issuing fiscal fourth-quarter guidance that frightened investors. New Relic (ticker: NEWR) said it expects fourth-quarter reven...
Tech Stocks Get a Bear-Market Scare. What Could Come Next.
As Russian forces were pouring over the border into Ukraine, the tech sector briefly tumbled into a bear market on Thursday. Both the Nasdaq 100 and the Nasdaq Composite fell enough that morning to ex...