Why the rout for big tech companies may just be getting started
admin Wall Street isn’t looking at a too-terrible day ahead, when you strip out tech that…
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Shopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company…
Read MoreSchneider Electric revenue beats forecasts
Schneider Electric SE on Thursday backed its 2022 targets as its third-quarter revenue increased, beating…
Read MoreSTMicroelectronics net profit more than doubles on strong chip demand
STMicroelectronics NV STM, -0.68% on Thursday posted a surge in profit and revenue for the…
Read MoreSamsung 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 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 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…
Read MoreMobileye stock jumps 38% in return to Wall Street, even though ‘investors don’t want to talk about autonomous vehicles right now’
Mobileye Global Inc. received a warm welcome back to Wall Street on Wednesday, as the…
Read MoreHere’s another sign that home-improvement demand is falling
For a second straight day, an S&P 500 index component reported earnings that pointed to…
Read MoreFord exits Russia with joint-venture sale, but Moral Rating Agency slams ‘escape clause’
Ford Motor Co. is exiting its operations in Russia — which it had previously suspended…
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