SAP Shares Hit All-Time High After Upbeat Cloud Business Outlook
FRANKFURT – Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros […]
SAP Shares Hit All-Time High After Upbeat Cloud Business Outlook Read More »
Tech Stocks
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Nokia (NYSE: NOK) Cuts 2,000 Jobs in China, 350 in Europe as Part of Cost Cuts, Sources Say
STOCKHOLM – Nokia (NYSE: NOK) has laid off close to 2,000 people or about a fifth of its employee base
Nokia (NYSE: NOK) Joins Ericsson in Seeing Signs of Recovery After Mixed Results
STOCKHOLM – On Thursday, Nokia (NYSE: NOK), the Finnish telecom equipment supplier, reported a 9% rise in third-quarter operating profit
Nokia (NYSE: NOK) Joins Ericsson in Seeing Signs of Recovery After Mixed Results Read More »
TSMC Bullish on Outlook as AI Boom Blows Q3 Profit Past Forecasts
TAIPEI – Taiwan Semiconductor Manufacturing (NYSE: TSM), the world’s largest contract chipmaker, bet on sustaining its strong growth, after reporting
TSMC Bullish on Outlook as AI Boom Blows Q3 Profit Past Forecasts Read More »
ASML Notifies Dutch Market Regulator of Early Q3 Earnings Disclosure Mishap
AMSTERDAM – ASML (NASDAQ: ASML), the computer chip equipment maker, has informed the Dutch markets regulator of its accidental early
ASML Notifies Dutch Market Regulator of Early Q3 Earnings Disclosure Mishap Read More »
ASML’s Lowered Outlook Suggests Factory Overcapacity, Not Chip Doom
ASML’s (NASDAQ: ASML) deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than
ASML’s Lowered Outlook Suggests Factory Overcapacity, Not Chip Doom Read More »
ASML Draws Investor Scrutiny After Warning Shocks Global Chip Markets
AMSTERDAM – Investors and analysts are looking skeptically at computer chip equipment maker ASML (NASDAQ: ASML), they said on Wednesday,
ASML Draws Investor Scrutiny After Warning Shocks Global Chip Markets Read More »
China Calls for Security Review of Intel Products, Citing National Security Concerns
BEIJING – Intel (NASDAQ: INTC) products sold in China should be subject to a security review, the Cybersecurity Association of
China Calls for Security Review of Intel Products, Citing National Security Concerns Read More »
Chip Stocks Tumble on ASML Forecast Cut, Potential US AI Chip Export Cap
U.S. semiconductor stocks fell on Tuesday after chip equipment maker ASML (NASDAQ: ASML) cut its annual sales forecast over weak
Chip Stocks Tumble on ASML Forecast Cut, Potential US AI Chip Export Cap Read More »
ASML (NASDAQ: ASML) Stock Plunges as Company Lowers 2025 Sales Forecast
AMSTERDAM – On Tuesday, ASML Holding (NASDAQ: ASML), the computer chip equipment maker, forecast lower-than-expected 2025 sales and bookings on
ASML (NASDAQ: ASML) Stock Plunges as Company Lowers 2025 Sales Forecast Read More »
Intel and AMD Join Forces to Confront Rising Challenge from Arm
On Tuesday, Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) said they are forming a group to help make
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Ericsson (NASDAQ: ERIC) Sees Signs of Demand Recovery after Q3 Beat, Shares Jump
STOCKHOLM – On Tuesday, Sweden’s Ericsson (NASDAQ: ERIC) said the telecom equipment market is showing signs of improvement after reporting
Ericsson (NASDAQ: ERIC) Sees Signs of Demand Recovery after Q3 Beat, Shares Jump Read More »
Nvidia Closes at All-Time High, Threatens to Dethrone Apple as Most Valuable Company
Shares of Nvidia (NASDAQ: NVDA) closed at their highest ever on Monday, putting the heavyweight AI chipmaker on the brink
Nvidia Closes at All-Time High, Threatens to Dethrone Apple as Most Valuable Company Read More »
Analysts Warn: US Plan to Break Up Google’s Search Dominance Threatens Profit Engine and AI Growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and
US Judge Orders Google to Open Up App Store to Competition
On Monday, a U.S. judge ordered Alphabet (NASDAQ: GOOG) unit Google to overhaul its mobile app business to give Android
US Judge Orders Google to Open Up App Store to Competition Read More »
German Competition Watchdog Vows to Keep Closer Watch on Microsoft
DUSSELDORF – On Monday, Germany’s competition watchdog said that it had classified Microsoft (NASDAQ: MSFT) as a “company with paramount
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Google Ad Tech Trial Outcome Not a Death Blow, Win or Lose
SAN FRANCISCO – As Google’s trial on allegations of building an illegal monopoly in advertising technology nears its close, experts
Google Ad Tech Trial Outcome Not a Death Blow, Win or Lose Read More »
Intel (NASDAQ: INTC) Rejects Arm’s Proposal to Acquire Product Division: Bloomberg
Arm Holdings (NASDAQ: ARM) approached Intel (NASDAQ: INTC) about potentially acquiring the company’s product division but was told that the
Intel (NASDAQ: INTC) Rejects Arm’s Proposal to Acquire Product Division: Bloomberg Read More »
Micron (NASDAQ: MU) Stock Surges 16% as Strong Forecast Excites AI-Focused Investors
Micron Technology (NASDAQ: MU) surged about 16% on Thursday after its first-quarter revenue forecast indicated strong demand and pricing for
Micron (NASDAQ: MU) Stock Surges 16% as Strong Forecast Excites AI-Focused Investors Read More »
Accenture (NYSE: ACN) Stock Jumps on Upbeat Q4 Results; Unveils $4 Billion Share Buyback
On Thursday, Accenture (NYSE: ACN), an IT services firm, unveiled a $4 billion share buyback and beat quarterly earnings expectations
Accenture (NYSE: ACN) Stock Jumps on Upbeat Q4 Results; Unveils $4 Billion Share Buyback Read More »
Power Thirst Complicates ESG Investors’ Love Affair With Tech Stocks
NEW YORK – Investors who manage hundreds of billions of dollars are pressing Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG), and
Power Thirst Complicates ESG Investors’ Love Affair With Tech Stocks Read More »
Micron Technology (NASDAQ: MU) Stock Jumps on Upbeat Q1 Revenue Outlook
Micron Technology (NASDAQ: MU) shares surged roughly 14% in after-hours trading after the memory maker forecast higher-than-expected first-quarter revenue due
Micron Technology (NASDAQ: MU) Stock Jumps on Upbeat Q1 Revenue Outlook Read More »
Qualcomm (NASDAQ: QCOM) Approaches Intel for Potential Takeover, WSJ Reports
SAN FRANCISCO – Qualcomm (NASDAQ: QCOM) has in recent days approached Intel (NASDAQ: INTC) to explore a potential acquisition of
Qualcomm (NASDAQ: QCOM) Approaches Intel for Potential Takeover, WSJ Reports Read More »
Exclusive: Enfusion (NYSE: ENFN) Evaluates Strategic Options Including Sale, Sources Say
NEW YORK – Enfusion (NYSE: ENFN), a U.S. software provider for asset managers, is in talks with investment bankers to
Exclusive: Enfusion (NYSE: ENFN) Evaluates Strategic Options Including Sale, Sources Say Read More »
