Microsoft stock jumps after cloud forecast calls for continued growth
admin Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating…
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Credit Suisse CEO Thomas Gottstein set to depart
Credit Suisse Group AG is set to announce the departure of Chief Executive Thomas Gottstein,…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
Read MoreU.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in…
Read MoreShopify stock sinks amid layoff plan as CEO admits, ‘I got this wrong’
At the height of the COVID-19 crisis, many companies tethered to online spending predicted that…
Read MoreU.S. stock futures slip after Walmart profit warning
U.S. stock-index futures edged lower Tuesday, hurt by Walmart cutting profit guidance ahead of a…
Read MoreAmazon earnings preview: Recession fears could drive discounts for Amazon’s cloud computing services
With recession fears looming, Amazon.com Inc.’s cloud service business could be under pressure warns Mizuho…
Read MoreInfosys provides ‘plenty of ammunition for bulls and bears’ with mixed earnings report
Infosys beat on the top line but missed Wall Street’s earnings expectations in a Sunday…
Read MoreAnalysts on Walmart’s profit warning: Consumers are buckling under inflation pressure and draining their COVID reserves
The shoe dropped for Walmart on Monday night, when the largest U.S. retailer warned on…
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Apple has been worried about iPhone supply, but that may swing to demand concerns
Throughout the pandemic, Apple Inc.’s biggest challenge has been maintaining appropriate supply of its devices,…
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