Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
KLA Corp forecasts quarterly revenue above estimates on AI-linked demand
By Anhata Rooprai April 29 (Reuters) - KLA Corp forecast quarterly revenue above estimates on Thursday, banking on strong demand for its chipmaking tools as semiconductor manufacturers ramp up product...
Apr 29, 2026
Mattel tops quarterly sales estimates on steady toy demand, entertainment push
April 29 (Reuters) - Mattel beat Wall Street estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business. As traditional toy sales co...
Apr 29, 2026
Meta shares fall on concerns over AI spending, legal scrutiny
By Katie Paul and Jaspreet Singh April 29 (Reuters) - Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence infras...
Apr 29, 2026
Microsoft expects strong cloud business growth, plans record capital spending
By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans fo...
Apr 29, 2026
Alphabet revenue tops expectations on record quarter for cloud unit
By Akash Sriram and Kenrick Cai April 29 (Reuters) - Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best quar...
Apr 29, 2026
Qualcomm rises on smartphone rebound hopes, data-center chip push
By Zaheer Kachwala and Stephen Nellis SAN FRANCISCO, April 29 (Reuters) - Qualcomm forecast third-quarter results below expectations, but CEO Cristiano Amon's upbeat comments on a recovery in its core...
Apr 29, 2026
Amazon tops cloud expectations on strong AI demand, shares dip
By Deborah Mary Sophia and Greg Bensinger April 29 (Reuters) - Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies con...
Apr 29, 2026
PayPal makes Venmo a separate unit as CEO Lores looks to boost growth
April 29 (Reuters) - PayPal said on Wednesday it would reorganize its business into three operating units, including a separate Venmo-focused division, as new CEO Enrique Lores simplifies the payments...
Apr 29, 2026
China threatens action if EU does not revise new industry and tech rules
By Julia Payne BRUSSELS, April 29 (Reuters) - China will take countermeasures against the European Union and companies if substantial changes are not made to the EU's proposed "Buy European" act and r...
Apr 29, 2026
Bank of Italy scrutinises smaller banks' funding from online deposit platforms
By Valentina Za MILAN, April 29 (Reuters) - Smaller Italian banks have increased reliance on funding they raise abroad through online deposit platforms, the Bank of Italy said on Wednesday, as regulat...
Apr 29, 2026
