Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for its traditional data center and PC chips and trails in the surging market for AI components. Businesses have prioritized spending on advanced and speedy artificial intelligence server chips, hurting demand for Intel's central processing units (CPUs), which have been the mainstay chip powering data centers for decades. Helped by its software,...
(Bloomberg) -- Mastercard Inc. cut a forecast for full-year revenue growth citing foreign exchange headwinds, as first-quarter spending on the payments giant’s network fell short of estimates. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales Growth in Year on AI...
Automotive parts company LKQ (NASDAQ:LKQ) missed analysts' expectations in Q1 CY2024, with revenue up 10.6% year on year to $3.70 billion. It made a non-GAAP profit of $0.82 per share, down from its profit of $1.04 per share in the same quarter last year.
Mastercard Inc. cut its forecast for revenue growth for the year and
GE HealthCare Technologies Inc.'s stock fell 10% in premarket trades
PepsiCo beat quarterly earnings and revenue estimates. Volume and sales
Truist Financial Corp. posted lower first-quarter lending profits than
Before Nintendo Switch was the Game Boy Advance, a timeless console with basic controls, if you miss playing it, here are some of the best games to take you back in time.
Bally's (BALY) delivered earnings and revenue surprises of -188.50% and 0.69%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Inari Medical's (NARI) first-quarter results witness an increase in revenues with dismal bottom-line performance. Gross margins contract while the companies continue to incur operating losses.
The glass is looking half empty for Starbucks (SBUX) this quarter. For its
MONTGOMERY, Ala. (AP) — The Alabama House of Representatives on Tuesday swiftly advanced a compromise on gambling legislation to allow a state lottery and multiple locations with slot machines or other electronic gambling devices. But the measure faces an uncertain outlook as it moves to the state Senate. The Alabama House of Representatives voted 72-29 []