Atlassian Corp. shares dropped in the extended session Thursday after the business-collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations as executives sa...
Tag: Technology
PayPal earnings forecast heads higher, but revenue outlook sends the stock lower yet again
PayPal Holdings Inc.’s cost-savings story began to play out in the latest quarter, but that wasn’t enough to satisfy investors as the digital payments giant also cut its revenue forecast for the full ...
Virgin Galactic Q3 2022 earnings
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter l...
Nikola Stock Is Rising. The Company Is Making More Trucks.
Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any ...
Jeff Bezos, Jay-Z may bid on Washington Commanders
Amazon founder Jeff Bezos and commissioner Roger Goodell on the sidelines before the start of an NFL football game between the Los Angeles Chargers and Kansas City Chiefs, Thursday, Sep.15, 2022, in K...
‘Oh, my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next.
Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth-straight jumbo hike. Bruised investors continue to se...
Self-Driving Technology Provider Luminar Just Hit a Big Milestone
After 10-plus years of moonshot R&D, Luminar Technologies has made it into automotive production with its radarlike systems. Wednesday evening, lidar maker Luminar (ticker: LAZR) reported third-qu...
CNBC cancels ‘The News with Shepard Smith’ after two years
The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market covera...
More than 1 in 4 workers making $200K or more now say they live paycheck to paycheck. So even rich people are struggling to save, and pros offer 3 solutions
As many as 93% of rural and 92% of urban consumers say they’re noticing higher prices due to rising inflation, according to a report. Getty Images/iStockphoto Making bank doesn’t mean you have loot sa...
Goldman Sachs unveils crypto classification system, aimed at institutional investors
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is making a bid t...
Nikola (NKLA) earnings Q3 2022
Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating eno...
PayPal Reports Earnings Today. What to Expect.
PayPal may be in the midst of a turnaround but Wall Street still expects the payments company to post a sharp drop in earnings when it reports third-quarter financial results after the bell Thursday. ...
Luminar lidar production begins ahead of schedule
Luminar showcased the first passenger vehicle, a Toyota RAV4, fully integrated with the company’s Iris lidar, which is on-track for series production with its partners starting in late 2022. Lum...
‘Am I being ripped off?’ I moved into my husband’s home. I pay for groceries. The rental income from my apartment goes into our joint savings.
I read one of your previous columns regarding the boyfriend who wants the letter writer to move in. My case is similar, but we have already made a decision on how to structure our finances as they rel...
Bed Bath & Beyond’s chief customer and technology officer resigns
A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Bed Bath & Beyond’s chief customer officer, Rafeh Masood, ha...
Xpeng electric car deliveries drop in October to half of Nio’s
Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Ima...
DuPont Ends Rogers Acquisition. Blame China Regulators.
After a wild series of events, stock in materials giant DuPont rose while shares of DuPont’s almost-merger partner Rogers Corp. plummeted. Here’s what happened: DuPont (ticker: DD) on Tuesday complete...
Ukraine First Lady Olena Zelenska Asks Tech Community For Help In Surprise Web Summit Appearance
Ukrainian first lady Olena Zelenska speaking at Web Summit in Lisbon, Portugal. Sportsfile In a surprise appearance at Web Summit, a major tech conference in Lisbon, Portugal, Ukraine’s first lady Ole...
PayPal’s ‘once beloved story’ is ‘back in vogue’ despite some noise
Headed into PayPal’s third-quarter earnings report, there’s a lot of noise. The company faced backlash in early October for a policy change stating that users could be fined up to $2,500 for spreading...
AMD Third-Quarter Earnings Live Blog
Four weeks after Advanced Micro Devices issued a sales warning, all eyes are on the quarterly sales guidance the chip supplier is expected to share in its latest earnings report. Among analysts polled...
Shopify CEO Buys $10 Million of Stock in the Open Market
Shopify CEO Tobias Lutke disclosed in a Canadian securities filing that he bought $10 million of the e-commerce software company’s shares on Monday, a week after the company reported its third-quarter...
Qualcomm Stock Is Near an All-Time Low Valuation. Look Beyond the Short-Term.
Investors should look beyond Qualcomm’s short-term financial results when the maker of mobile processors and 5G wireless chipsets reports earnings Wednesday, a Bernstein analyst says. Qualcomm (ticker...
Qualcomm stock drops more than 7% after poor outlook, months-long chip glut
Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to clear in its core business. Qual...