Tech Archives - Page 270 of 1385

2 minute read

Qualcomm Q1 Earnings Highlights: Revenue Beat, EPS Beat, Q2 Guidance And More

By Chris Katje

January 31, 5:00 PM

Qualcomm reported first quarter financial results that came in ahead of Street estimates.

QCOM

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‘It’s Terrible’: Meta’s Zuckerberg Apologizes To Families Of Online Child Abuse Victims At Senate Hearing

By Neil Dennis

January 31, 4:42 PM

Meta CEO apologizes for child abuse on social media, after being accused of having 'blood on his hands'. Parents of victims present at Senate hearing.

Tech Layoffs Up Over 300% Month-Over-Month In January: 3 Companies With The Most Employees Laid Off So Far In 2024

By Surbhi Jain

January 31, 3:40 PM

Tech layoffs are increasing in 2024, with 305% more employees laid off in January compared to December 2023. Some notable companies with layoffs include Google, PayPal, and Microsoft.

CRM

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Google Parent Alphabet Reported Strong Revenue Growth and AI Breakthroughs, But Capex Raises Questions: Analysts React

By Anusuya Lahiri

January 31, 3:01 PM

Google parent Alphabet Inc (NASDAQ: GOOGL) Q4 revenue up 13% to $86.31B, EPS of $1.64 beat estimates of $1.59. Capex a surprise, debate over investment cycle. Analysts maintain bullish outlook. GOOGL down 5.82% at $142.64.

GOOGL

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Nvidia Expands Global Reach, Collaborates With Singtel for AI-Driven Data Centers in Southeast Asia

By Anusuya Lahiri

January 31, 2:46 PM

Singtel partners with Nvidia to offer AI capabilities in Southeast Asian data centers, addressing growing demand for Nvidia chips and expanding into new markets.

NVDA

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Nasdaq, S&P 500 Slip Ahead Of Fed Meeting, Regional Banks Sink After NYCB Disappoints: What’s Driving Markets Wednesday?

By Piero Cingari

January 31, 1:45 PM

Nasdaq down 1.4%, S&P 500 down 0.9%, Dow up: Volatile day on Wall Street as tech stocks react to disappointing earnings ahead of Fed meeting.

ADP

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‘Magnificent 7’ Tumble As $300B Vanish On Bleak AI Earnings: Could The Fed Make Things Worse?

By Piero Cingari

January 31, 1:10 PM

Tech giants lose $270 billion in market value as 'Magnificent Seven' stocks suffer from disappointing earnings reports and investor concerns over interest rate changes.

AAPL