Lam Research issued better-than-expected guidance for the current quarter. For its current quarter, the maker of equipment for semiconductor manufacturing forecast per-share earnings between 90 cents ...
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer ...
Microsoft (MSFT), Meta Platforms (META), IBM (IBM), and Tesla (TSLA) reported their latest earnings results on Wednesday. The latest data found that US GDP growth (gross domestic product ...
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
The tech sector, particularly Nvidia ( NASDAQ: NVDA) and other chipmakers, is under heightened scrutiny after disruption in the AI industry by Chinese startup DeepSeek triggered a market selloff on ...
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