Garmin Clocks 4% Revenue Decline In Q3; Slashes FY22 Revenue Outlook Below Consensus
Garmin Ltd (NYSE:GRMN) reported a third-quarter FY22 revenue decline of 4% year-on-year to $1.14 billion, missing the consensus of $1.20…
Automatic Data Processing Promotes Its President Maria Black To CEO Role; Carlos Rodriguez Became Executive Chair
Automatic Data Processing, Inc (NASDAQ:ADP) appointed Maria Black to succeed Carlos Rodriguez as the CEO, effective January 1, 2023. Black…
SK Hynix Set To Lose Edge Versus Micron and Samsung As US Embargo Weighs, Analyst Says
SK Hynix Inc (OTC:HXSCL) called the U.S. semiconductor embargo on China “painful” as it slashed its 2023 capital expenditure,…
Seagate Plunges After Clocking 35% Revenue Decline In Q1; Misses Consensus; To Axe 3K Jobs
Seagate Technology Holdings PLC (NASDAQ:STX) reported a first-quarter FY23 revenue decline of 34.7% year-over-year to $2.04 billion, missing the consensus…
Automatic Data Processing Registers 10% Revenue Growth In Q1 Backed By New Business Bookings
Automatic Data Processing, Inc (NASDAQ:ADP) reported first-quarter FY23 revenue growth of 10% year-on-year to $4.22 billion, beating the consensus of…
Metaverse Is ‘A Word I’ll Never Use,’ Apple Exec Says Echoing Snap Founder’s Sentiment
Snap Inc. (NYSE: SNAP) and Apple Inc. (NASDAQ: AAPL) are buying into the metaverse hype.
However, two key executives at both companies aren't.
Intel Raises $861M From Its Self-Driving Technology Mobileye’s IPO, Starts Trading Today
Intel Corp (NASDAQ:INTC) owned self-driving technology company Mobileye Global Inc priced 41 million shares at $21 per share to raise $861 million.…
Elon Musk Chimes In As Spotify CEO Alleges Apple Continues To ‘Disadvantage Competitors’
Spotify Technology S.A.
Texas Permanent School Fund Increases Bets On Tesla, Apple And Amazon Stocks In Q3
The Texas Permanent School Fund, a public endowment of the State of Texas, has hiked its stake in Tesla Inc (NASDAQ: TSLA), Amazon.com, Inc. (NASDAQ: AMZN), and