Zoom Lifts Annual Guidance As It Hopes AI Will Help It Regain Its Pandemic Glory
On Monday, Zoom Video Communications Inc (NASDAQ: ZM) lifted its guidance as it reported better-than-expected revenue due to strong enterprise sales.
Nvidia’s AI Chip Glory Gets Dimmed By US Export Curbs
On Tuesday, Nvidia Corporation (NASDAQ: NVDA) topped analyst projections with its fiscal third quarter results as demand for its GPUs exceeded supply amid a generative AI hype. However, Nvidia shares dropped as the AI chip leader warned about the damaging impacts of US chip export curbs on its fourth quarter revenue.
Baidu’s Results Proved Its Resilience Amid A Challenging Macroeconomic Backdrop
On Tuesday, Baidu Inc (NASDAQ: BIDU) shares rose 2% after as the Chinese tech giant reported solid third quarter results.
Tencent’s Business Is Thriving And It Has Taken Precautions Against The U.S. Chip Export Curbs
Tencent Holdings Limited (OTC: TCEHY) posted impressive third quarter results last week. The world's largest video game company and operator of the WeChat messaging platform showed that the gaming segment rebounded from China’s tech regulatory crackdown, along with shining advertising sales.
The Power Is Shifting In The EV Universe
With BYD Company Limited (OTC: BYDDY) possibly dethroning Tesla Inc (NASDAQ: TSLA) as the world’s biggest EV maker before 2023 comes to a close, the EV world seems to be in for a big power shift.
Cisco’s Fallout Outlook Overshadowed Its Quarterly Results
Cisco Systems Inc (NASDAQ: CSCO) topped profit expectations with its quarterly results but slashed its fiscal year earnings outlook on the account of its consumers being busy implementing the offerings they received over the previous quarters.
Alibaba Flagged That US Chip Curbs Clouded Its Cloud Computing Prospects
Alibaba Group Holding Limited (NYSE: BABA) shares tumbled almost 10% in Hong Kong today after its announcement that it will not proceed with the spinoff of its cloud group that competes with Amazon.com Inc (NASDAQ: AMZN) Amazon Web Services as well a
Walmart Joins Target In Sending Out Not-So-Merry-And-Bright Holiday Vibes
After Target Corporation (NYSE: TGT) posted a significant earnings gain but also left out the ‘drum rolls’ from its holiday quarter outlook, Walmart Inc (NYSE: WMT) also topped third quarter earnings and revenue estimates along with giving out a c
XPeng Is Expecting A Brighter 2024 Despite Intensified Competition
On Wednesday, XPeng Inc (NYSE: XPEV) delivered its third quarter results that showed aggressive promotions with which the EV maker responded to Tesla Inc (NASDAQ: TSLA), who kicked off a price war at the beginning of a year, took a toll on its bottom line
Target Got Saved By Women’s Fall Fashion Apparel, Jewelry And Kitchenware But It Isn’t Expecting The Holiday Season To Be The Best Time Of The Year
With quarterly earnings reports from Target (NYSE: TGT), as well as Home Depot (NYSE: HD), Walmart (NYSE: WMT), Macy's (NYSE: