The world’s largest contract chipmaker reported the November surge thanks in part to orders of semiconductors for high-end smartphones such as Apple’s iPhone.
Category Archives: Earnings
Ulta Beauty boosts outlook, as shoppers keep splurging on makeup
Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s quarterly earnings and sales expectations.
Salesforce stock falls over 5% on earnings and sudden departure of co-CEO Bret Taylor
Last quarter, Salesforce trimmed its year-end estimates for both revenue and earnings.
Snowflake shares tumble on light product revenue guidance
Snowflake shares fell Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.
CrowdStrike shares tumble on weaker-than-expected growth in new revenue
CrowdStrike shares dropped after the cybersecurity company said annual recurring revenue was below expectations in part because of “macroeconomic headwinds.”
HP laying off 4,000-6,000 employees globally over the next three years
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Best Buy sticks to holiday-quarter outlook as electronics demand holds up
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter
“Even with short term macro headwinds, we remain bullish on the long term prospects for PropertyGuru,” said Joe Dische, the group’s CFO.
Shares of Indonesia’s GoTo fall 6% as nine-month loss swells
GoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, “several months ahead of schedule.”
Zoom shares drop on light forecast as company faces ‘heightened deal scrutiny’
Far from its heady days of 300% growth in the pandemic, Zoom’s expansion is now mired in the single digits and the company faces headwinds as the economy slows.