In terms of Silicon Valley feuds, you’d be hard pressed to find one that’s spicier than the years-long battle between Meta and Apple. Meta Platforms CEO Mark Zuckerberg started steering his company to...
Tag: Computers
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Nvidia Warns of Sales Hit from New U.S. Chip Licensing Requirements For China
Listen to article (2 minutes) Nvidia could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on shipments of some of its most advanced chips to China, t...
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...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
AMD’s Aggressive Chip Pricing Will Help It Beat Intel, Says Analyst
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...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...
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...
Opinion: Nvidia has faced this type of downturn before, and seems to have a specific goal in mind this time
Nvidia Corp. has been through this type of downturn before, and this time executives are taking more aggressive tactics to overcome it. Nvidia NVDA, +0.24% executives warned Wall Street on Wednesday t...
Nvidia sales forecast falls about $1 billion short of expectations, stock falls
Nvidia Corp. executives on late Wednesday forecast another revenue shortfall in the current quarter, after confirming an earlier warning by showing a sharp reduction in profit, while the chip maker as...
There’s a new supercycle emerging for the economy, and these are the stocks that would benefit, strategist says
It’s been an interesting summer for financial markets — more or less, a series of mostly downbeat economic data led traders to think the Fed will ease off the pedal, though over the last week they’re ...
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 ...
Here’s how Palo Alto Networks stacks up against its main competitors
Shares of Palo Alto Networks soared as much as 12% on Aug. 23 after the network security company reported results for its fiscal fourth quarter and said it expected sales to increase by at least 25% i...
Broadcom CEO defends optimistic ‘true demand’ outlook as PC, smartphone sales slide
Broadcom Inc.’s chief executive on Thursday defended his positive outlook that end-market demand is “solid” for the rest of the year as Wall Street analysts questioned that optimism amid a cooling of ...