Home furnishing companies experienced a spike in demand during the pandemic due to the shift in spending patterns, even as homebound consumers took up renovation and remodeling activities. The good news is that the premium home furnishing market in the US is estimated to grow at … | Continue reading
Netflix, Inc. (NASDAQ: NFLX) Tuesday said its first-quarter 2021 earnings more than doubled. Both revenues and profit topped the Street view, but the streaming giant's subscriber growth decelerated. At the end of the first quarter, the company had a total of 207.6 million streami … | Continue reading
A visual representation of Netflix (NASDAQ: NFLX) Q1 2020 earnings results | Continue reading
Technology giant IBM (NYSE: IBM) on Monday reported its first quarterly report under new CEO Arvind Krishna, at a time when the industry is passing through an era of unprecedented turmoil. | Continue reading
Telecommunication company Sprint Corporation (NYSE: S) reported a narrower net loss for the third quarter of 2019 even as the fate of its proposed merger with T-Mobile (TMUS) remained uncertain. The continuing weakness in the wireless service business took a toll on revenues. | Continue reading
With the cellphone market rapidly nearing the saturation point, it is estimated that smartwatches are the next big thing in consumer electronics. The leading brands including Apple (AAPL) Watch and the Fenix series of Garmin (GRMN) set new trends with their revamped portfolios la … | Continue reading
Apple (NASDAQ: AAPL) once again delivered disappointing product sales as it announced fourth-quarter earnings results on Wednesday. Revenue from Apple products fell 1.5% year-over-year to $51.5 billion. | Continue reading
Amazon's (NASDAQ: AMZN) Thursday reported lower-than-expected earnings for the September-quarter, driving the stock lower in the after-hours trading. Earnings declined, despite a double-digit rise in revenues. The top-line, meanwhile, exceeded the forecast. The company also provi … | Continue reading
Netflix Inc. (NASDAQ: NFLX) reported revenues of $5.2 billion for the third quarter of 2019, up 31% from the same period last year. | Continue reading
Earnings and revenues of Micron Technology, Inc. (NASDAQ: MU), dropped sharply in the fourth quarter as the chipmaker continue to bear the brunt of the slowdown in demand. The results, meanwhile, came in above the market's prediction. | Continue reading
Semiconductor firm Nvidia Corporation (NASDAQ: NVDA), reported lower earnings and revenues for the second quarter. The results, however, topped the Street view. | Continue reading
Beyond Meat (NASDAQ: BYND) reported a loss of $0.24 per share on revenue of $67.3 million for the second quarter of 2019. Shares of Beyond Meat were trading in red immediately after the announcement and swung to positive territory later in the extended trading session. | Continue reading
After reporting record-high deliveries a few weeks ago, Tesla (TSLA) Wednesday posted a narrower net loss for the second quarter, helped by an increase in revenues. However, the results missed analysts' forecast, sending the stock lower during the extended session. | Continue reading
Netflix's (NASDAQ: NFLX) is set to report second-quarter financial results at 4 PM ET. Analysts expect the streaming giant to report earnings of 56 cents per share on revenues of $4.93 billion. Check out this space for the live updates. Check out this space for the live updates. | Continue reading
Workplace collaboration platform Slack Technologies Inc. will go public on Thursday when its shares open for trading on the NYSE under the ticker symbol WORK. | Continue reading
The President himself may be an active user of Twitter (NYSE: TWTR), but the people of America find other social media platforms more attractive. Latest stats show that Pinterest (NYSE: PINS) and Reddit enjoy more market share in the US than Twitter. | Continue reading
Google may be the King in the West, but in China, it continues to be one of the smaller players in the search engine space. The US-based search engine, a product of Alphabet Inc (NASDAQ: GOOGL) is only the fifth largest in China, with a marginal market of about 3%, according to S … | Continue reading
The trade war between the US and China is raging on, and amid this, the US blacklisted a prominent Chinese firm, Huawei Technologies Co. Ltd, last week. | Continue reading
Google AdSense has suffered a massive global outage as many publishers have accused that their account is not updated with the metrics like clicks, impression, earnings, and page views. This comes on the heels of the company's slowing advertising revenue for the first quarter of … | Continue reading
Apple (NASDAQ: AAPL) reported yet another quarter of disappointing products sales as it announced second-quarter earnings results on Tuesday, primarily hurt by weakness in China. Revenue from Apple products fell 9% year-over-year to $46.6 billion. | Continue reading
Announcing the first quarterly report after naming Robert Swan as its CEO, Intel (Nasdaq: INTC) on Thursday reported flat revenues and higher earnings for the first quarter. Revenues matched the market estimates, while earnings beat. | Continue reading
Tesla chief Elon Musk took to Twitter to take on a critical supplier—Panasonic Corp —for slowing production. | Continue reading
Netflix (NFLX) has been facing stiff competition from streaming platforms like Amazon (AMZN) Prime Video, AT&T (T) Time Warner, and Hulu. In addition, Apple (AAPL) and Walt Disney (DIS) venturing into the content streaming service could give a tough fight for Netflix and this is … | Continue reading
Putting an end to a 7-month long search, Intel Corporation (INTC) has announced that Robert Swan, who was serving as the interim-CEO following the ouster of Brian Krzanich in June, will take up the top post permanently. | Continue reading
Qualcomm (QCOM) swung to a profit in the first quarter of fiscal 2019 from a loss last year, which was negatively impacted by its dispute with Apple (AAPL) and its contract manufacturers as well as a charge related to tax act. The bottom line exceeded analysts' expectations. | Continue reading
Tech giant Apple (APL), which is currently going through a bad phase amid falling overseas sales, reported better than expected earnings and revenues for the first quarter. The company's stock gained 3% Tuesday in the after-hours following the announcement. | Continue reading
Intel Corporation (INTC) reported mixed results for its fourth quarter. The semiconductor giant had earned $1.28 per share on revenue of $18.7 billion. Analysts had expected Intel to post earnings of $1.22 per share on revenue of $19.01 billion for the recently ended quarter. Int … | Continue reading
Following a highly volatile year when the market cap see-sawed between $90 billion and $180 billion, Netflix (NFLX) is reporting its fourth-quarter earnings results on Thursday, January 17 after market close. | Continue reading
Concerned over fire risks at its engine block heaters, Ford (F) on Friday recalled about 874,000 pickup trucks sold in the US and Canada. The affected vehicles include 2015-19 F-150 vehicles and 2017-19 Super Duty trucks. | Continue reading
BlackBerry (BB) Thursday reported third-quarter results that surpassed analysts' expectations. Revenue was flat compared to the year-over period at $226 million, but higher than $212.58 million expected by analysts. Adjusted earnings of 5 cents per share above analysts' predictio … | Continue reading
Phillip Morris-parent Altria Group, Inc. (NYSE: MO) today announced a deal to invest about $1.8 billion in Toronto-based cannabis giant Cronos Group (Nasdaq: CRON). | Continue reading
The music-streaming arm of Chinese conglomerate, Tencent, has been mulling public listing for some time, but the plans were getting delayed by the escalating trade war between the US and China. | Continue reading
Cloud enterprise software company Salesforce.com (CRM) reported third quarter 2019 earnings after the bell today. Earnings of $0.61 per share and revenue of $3.36 billion beat the analysts' estimates. Analysts had expected earnings to be $0.50 per share on revenues of $3.3 billio … | Continue reading
An iPhone X user from Federal Way, Washington, on Wednesday, tweeted that his device emitted smoke and exploded after it was updated to iOS 12.1. The owner, Rahel Mohamad, also posted images of his damaged 10-month-old iPhone X. | Continue reading
Elon Musk's space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million, with Bank of America Merrill Lynch leading the transaction, according to new reports. | Continue reading
Carrier giant Verizon Communications Inc (VZ) announced plans to reorganize its business segments to just three — Consumer, Business and Verizon Media Group/Oath — to focus better on its customers. | Continue reading
Online marketplace Alibaba Group (BABA) reported better-than-expected earnings for the second quarter, aided by strong revenue growth. The company's stock gained 4% after the announcement. | Continue reading
Chip giant Intel (INTC) reported a 42% jump in earnings for the third quarter as strength across the business and customer demand for performance-leading Intel platforms drove revenue higher by 19%. | Continue reading
Video streaming giant Netflix (NFLX) on Tuesday after-market posted a 34% rise in third-quarter revenue just short of $4 billion, raking in $403 million in net income. Total Streaming revenue grew 36% to $3.91 billion. | Continue reading
Whenever there is an escalation of operational crisis at Tesla, shareholders count on the carmaker's competency in the electric and automated transport technology. | Continue reading
J. C. Penney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more than three decades worth of retail experience with stints at JOANN Stores and Shopko Stores. | Continue reading
The infamous legal clash between tech majors Qualcomm and Apple reached the tipping point this week after the chipmaker dragged the latter into yet another case, alleging theft of intellection property. | Continue reading
Revenues of chipmaker Micron surged to a record high in the fourth quarter on broad-based demand growth, driving earnings past Wall Street expectations. The stock gained about 3% following the announcement. | Continue reading
The functioning of the technology companies, especially in the consumer electronics sector, is so closely interlinked that each of them depends on the other to keep going. | Continue reading
The Volunteer Fire Brigade of Wałbrzych, Poland, posted an image on Monday of four firefighters trying to extinguish a blaze that erupted from a Tesla Model S vehicle in Boguszów-Gorce town. According to Polish news agency Polsat News, the car was completely engulfed in the fire … | Continue reading
A political controversy made Nike (NKE) shares drop about 3% in today's morning trading session. It all started with when Colin Kaepernick tweeted on Monday that he will be featured in Nike's ad campaign of the "Just Do It" slogan. | Continue reading
Tesla (TSLA) shares in the Frankfort Stock Exchange saw a 5% dip as trading commenced on Monday following CEO Elon Musk's U-turn on his plans to take the company private. The ripples of the sell-off were visible on Nasdaq Stock Exchange as well | Continue reading
After tapping the potential of live streaming service successfully, Twitter (TWTR) is currently busy giving a new perspective to creative programming and video-on-demand in the field of esports. | Continue reading