Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Roku reports quarterly revenue above estimates
(Reuters) - Roku beat Wall Street estimates for second-quarter revenue on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms. The company posted net r...
Thomson Reuters Aug 01, 2024
Coinbase's second-quarter revenue surges on crypto trading resurgence
(Reuters) - Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks. T...
Thomson Reuters Aug 01, 2024
Monolithic Power forecasts third-quarter revenue above estimates on AI boom
(Reuters) - Monolithic Power Systems forecast third-quarter revenue above estimates on Thursday, benefiting from robust demand for its power control modules and hardware employed in artificial intelli...
Thomson Reuters Aug 01, 2024
Chip index collapses 8% as Arm punctures AI optimism
(Reuters) - U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast from Arm Holdings dampened investor optimism about artificial intelligence an...
Thomson Reuters Aug 01, 2024
Amazon projects quarterly revenue below estimates
(Reuters) -Amazon.com forecast current-quarter revenue largely below Wall Street estimates on Thursday, signaling tepid demand for its cloud computing services as businesses keep a tight lid on costs ...
Thomson Reuters Aug 01, 2024
Intel to cut 15% jobs, suspend dividend in turnaround push
-Intel said on Thursday it would cut 15% of its workforce and will suspend its dividend in the fourth quarter as the chipmaker pursues a turnaround centered around its loss-making manufacturing busine...
Thomson Reuters Aug 01, 2024
Snap misses quarterly revenue estimates as competition tightens
(Reuters) - Snap forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertisin...
Thomson Reuters Aug 01, 2024
DoorDash projects upbeat Q3 core profit as online ordering stays resilient
By Granth Vanaik (Reuters) - DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter on Thursday, as more customers used its online delivery...
Thomson Reuters Aug 01, 2024
Apple asks US judge to toss antitrust lawsuit
By Jody Godoy (Reuters) -Apple on Thursday asked a U.S. judge to dismiss federal and state antitrust regulators' lawsuit accusing the iPhone maker of illegally monopolizing the smartphone market, sayi...
Thomson Reuters Aug 01, 2024
Arm shares tumble as downbeat revenue forecast clouds potential AI upside
(Reuters) -Arm Holdings shares slumped 16% in afternoon trading on Thursday, after the British chip firm's tepid revenue forecast sparked concerns it may have to wait longer than some peers to gain fr...
Thomson Reuters Aug 01, 2024
Fri Aug 21
Sheboygan, WI, USA
Wind/Dir: 9 MPH-S
Humidity: 68%

