Tag: Computers/Consumer Electronics
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
Small businesses are paying 100%+ of profits to Uncle Sam after tax-law change
Small businesses in sectors like software and manufacturing are panicking over the expiration of a critical tax deduction that they say could lead to mass [Read more about this post…]
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Opinion: Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next.
Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that’s likely Silicon Valley’s most monumental dividend decision since Apple Inc. [Read more about this post…]
Apple earnings: Don’t focus on iPhone sales. Instead watch this metric.
For all the attention on Apple Inc.’s iPhone sales, a less glamorous item could be the big driver of the stock after earnings. JPMorgan’s Samik [Read more about this post…]
Soccer game’s popularity scores for EA — and creates a higher bar to clear for growth
Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer [Read more about this post…]
Microsoft Teams suffers outage affecting thousands, sparking user frustration
Microsoft Corp.’s Teams suffered an outage Friday, prompting users to take to social media to voice their frustrations with the business-communications platform. “User reports indicate [Read more about this post…]
Expect more deals in the food sector as companies grapple with low-volume world
Investors can expect to see more deal activity in the U.S. food sector in 2024, as companies are still seeking to improve the growth profile [Read more about this post…]
Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships’
The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.69% GOOG, +1.75%, Amazon.com, Inc. [Read more about this post…]
IBM’s ‘accelerating’ AI demand helps power stock higher after earnings
International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter [Read more about this post…]