Newsfeeds Archive - Page 43 of 44

4 minute read

Markets
Tech

Xpeng’s And Porsche’s Latest Results- What A Difference Pricing Power Makes

March 20, 9:19 AM

On March 13th, luxury automaker Porsche Automobile Holding (OTC: POAHY) issued an ambitious growth outlook after record 2022 earnings. Meanwhile, in the all-EV world, XPeng Inc (NYSE: XPEV) wrapped up a disappointing year on March 17th.

3 minute read

Even Without AI, Adobe Is A Money Making Machine

By Upwallstreet

March 17, 1:35 PM

Odds are that Adobe Inc (NASDAQ: ADBE) has a bright future with artificial intelligence, but its presence is already more than bright.

ADBE

4 minute read

The Big Tech Layoffs Malaise Reveals A Deeper Truth

By Upwallstreet

March 16, 11:23 AM

After the dust seemingly having settled on the job cuts that kicked off the year, on March 14th, Meta Platforms Inc (NASDAQ: META) revealed it will be laying off 10,000 more workers after already having laid off 11,000 workers back in November which together makes a workforce reduction of 25% from the company’s p

AAPL

4 minute read

Consumers Have Strained From Non-Necessity Retailers

By Upwallstreet

March 13, 10:36 AM

Recent retail earnings showed a good deal of doom and gloom signs of a weakened consumer spending. Both Macy’s Inc (NYSE: M) and Nordstrom Inc (NYSE: JWN) saw falling digital sales.

AAPL

3 minute read

Markets
Tech

DocuSign Ticked The Right Financial Metric Boxes But The Market Cared About Something Else

By Upwallstreet

March 10, 12:05 PM

The San-Francisco-based electronic-signature software company posted better-than-expected results, yet shares dropped with fears of DocuSign Inc (NASDAQ: DOCU) facing deteriorating demand trends, competition from no other than Microsoft Corporation (NASDAQ:

AMZN

2 minute read

Tech

CrowdStrike Beats Microsoft When It Comes to Cybersecurity

By Upwallstreet

March 9, 11:10 AM

After the market close on Tuesday, the cyber security firm CrowdStrike Holdings Inc (NASDAQ: CWRD) reported better-than-expected fourth quarter earnings along with an optimistic guidance.

CWRD

3 minute read

Rivian Seems To Be Lacking The EV Luster

By Upwallstreet

March 8, 11:19 AM

On Tuesday, shares of Rivian Automobile Inc (NASDAQ: RIVN) fell as EV maker revealed late Monday it is looking to raise $1.3 billion in cash via a sale of convertible notes amid growing demand concerns.

AMZN

5 minute read

The World Is Transitioning To The EV Future, But Not Without Growth Pains

By Upwallstreet

March 7, 3:03 PM

Monday’s quarterly report from Lordstown Motors (NASDAQ: RIDE) raised significant concerns as the EV startup is struggling with production issues and its undergoing electrification. It already halted production of its EV pickups on February 23rd, after only having delivered just six of them.

3 minute read

General

Samsung Is First to Succumb to a Slowing Economy That Is Crushing Semiconductors

By Upwallstreet

January 9, 2:27 PM

On Friday, Samsung Electronics Co. Ltd (KSE: 005930.KS) flagged its October-December operating quarterly profit has tumbled by two-thirds to an eight-year low as a sluggish global economy hammered memory chip prices and weakened demand for electronic devices.

AAPL