Credit Suisse swings to $4.09 billion loss as revenue drops 30%
admin Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the…
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Samsung Electronics’ net profit slumps 24% as memory-chip prices sink
SEOUL — Samsung Electronics Co. saw profits slump as prices of memory chips, its main…
Read MoreSleep Number stock tanks amid slashed earnings forecast, ‘historically low’ consumer sentiment
Shares of Sleep Number Corp. were getting pummeled in late trading Wednesday after the maker…
Read MoreInvisalign maker sees more than $3 billion in market cap start to disappear after earnings, revenue sink
Align Technology Inc. shares dove more than 18% in after-hours trading Wednesday, after the maker…
Read MoreFacebook earnings cut in half, Meta stock heads toward lowest prices in more than 6 years
Facebook parent Meta Platforms Inc. on Wednesday became the latest tech titan tattooed by a…
Read MoreFord takes big charge as autonomous startup Argo AI shuts down, earnings head for low end of guidance
Ford Motor Co. on Wednesday reported third-quarter results that beat expectations, but the auto maker…
Read MoreSK Hynix adds to evidence that the chip glut is here to stay for a while
SK Hynix Inc. added to concerns Wednesday that the semiconductor industry has entered a glut…
Read MoreFord takes big charge as autonomy startup Argo AI shuts down, earnings head for low end of guidance
Ford Motor Co. on Wednesday reported third-quarter results that beat expectations, but the auto maker…
Read MoreKLA Corp. adds to list of beat-and-raise quarters in the chip-equipment sector
KLA Corp. rose in the extended session Wednesday after it became the third chipmaking-equipment manufacturer…
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Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall
Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the…
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