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 ...
Tag: Computers
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...
Intel reaches $5.4 billion deal to buy Tower Semiconductor
Intel Corp. on Tuesday struck a $5.4 billion deal to buy Tower Semiconductor, as it seeks to bolster its manufacturing capabilities. Intel INTC, -0.10% said it’s paying $53 per share in cash for Tower...
The Arm deal is dead, but Nvidia is not expected to slow down
Nvidia Corp.’s acquisition of Arm Ltd. has been scuttled, but that isn’t expected to stop the chip maker’s charge into the data center. seeks to cut further into Intel Corp.’s and Advanced Micro Devic...
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...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...
Unity Software Stock Rises as 2022 Revenue Forecast Tops Estimates
Text size Dreamstime Unity Software stock traded higher Friday after the fourth-quarter adjusted loss at the videogame developer tools maker was narrower than Wall Street expected and the company issu...
Opinion: Amid a global chip shortage, Intel is making less money — how did that happen?
Intel INTC, -2.48% was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of the market to Intel’s...
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...