Earnings

Analysts downgraded their value targets for Amazon.com after it reported lacking its third quarter gross sales expectations alongside a weak gross sales forecast for the upcoming festive season. Amazon…

Mark Zuckerberg, chief government officer of Meta Platforms Inc., demonstrates the Meta Quest Professional throughout the digital Meta Join occasion in New York, US, on Tuesday, Oct. 11, 2022.Michael Nagle | Bloomberg | Getty…

The Indian markets could open on a optimistic observe however may wipe out good points later because the European Central Financial institution’s (ECB) charge hike transfer has dampened investor sentiment globally and heightened fears of…

Intel CEO Pat Gelsinger speaks throughout the Mobileye World Inc. IPO on the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye World Inc., the self-driving expertise firm owned by Intel Corp., priced one of many largest US…

Amazon Net Providers CEO Adam Selipsky speaks on the Cellular World Congress convention in Barcelona, Spain, on March 1, 2022.Joan Cros | Nurphoto | Getty PhotosAmazon mentioned Thursday that income development in its cloud-computing…

It has been a horrible yr for chip and semiconductor makers. And issues aren't about to get higher in accordance with Intel  (INTC) .The sector is tormented by a mountain of issues. Demand for tech merchandise is weakening because the…

Apple Inc. joined the refrain of Massive Tech woes Thursday, falling wanting expectations on quarterly iPhone gross sales and sending its inventory decrease in late buying and selling. The smartphone big delivered…

Pinterest Inc. proved an exception to the digital-advertising slog that has roiled a lot of the tech sector. The social-media firm on Thursday reported gross sales and revenue, in addition to month-to-month…

Up to date at 4:21 am ESTAmazon Inc  (AMZN)  posted better-than-expected third quarter earnings Thursday, however forecast disappointing vacation gross sales regardless of including an additional Prime purchasing day occasion, sending…

Although Amazon.com’s inventory soared after the corporate reported earnings in July, shares have greater than given again their good points since, damage by a market selloff and up to date promoting stress within the shares of tech…