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Tesla quietly spent $2 million on a technology Elon Musk previously trashed as a "fool"s errand"
Tesla was the biggest customer for lidar manufacturer Luminar last quarter, according to its earnings report. Elon Musk previously referred to lidar tech.....»»
Nvidia"s AI Dominance Evident As Tech Behemoths From Microsoft To Meta And Google Keep Pumping Billions Into Chipmaker, Analysis Reveals
Nvidia is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant's AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients. read more.....»»
Amazon"s cloud division has its most profitable quarter ever
The Seattle-based tech giant reported its first quarter earnings on Tuesday, beating Wall Street estimates nearly across the board......»»
AMD Investors Pull Back After Modest Q1 Beat, Lukewarm Guidance; CEO Touts AI Chip Ramp-Up (UPDATED)
AMD kept the ball rolling on tech earnings, with its first-quarter report among the closely watched due to the company's exposure to AI. read more.....»»
AMD Investors Pull Back After Modest Q1 Beat, Lukewarm Guidance; CEO Touts AI Chip Ramp-Up
AMD kept the ball rolling on tech earnings, with its first-quarter report among the closely watched due to the company's exposure to AI. read more.....»»
Ford tapped the brakes on EVs and bet on hybrids. It"s paying off.
Ford announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter of 2024. Ford boss Jim Farley told investors he is "thankful" the comp.....»»
Apple Bull Dan Ives Says "Robust" Tech Earnings Season Ahead: "Not The Time To Run...Time To Own The Winners"
Wedbush's Dan Ives struck a bullish note for the tech sector ahead of the March quarter earnings season, expecting a 15% rally in 2024. read more.....»»
Business in the Age of COVID-19: Big tech’s trillion-dollar pandemic year may be just the beginning
This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»
NewsWatch: Big tech’s trillion-dollar pandemic year may be just the beginning
This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»
Apple crushes earnings amid strong demand for iPhones, other products
Strong demand for Apple’s iPhone 12 and other hardware drove the tech giant to record second-quarter results, according to the company’s earnings release on Wednesday......»»
Earnings Previews: Apple, Facebook, Ford, Qualcomm
Earnings reports from the country's biggest tech firms continue to roll out this week......»»
Earnings Results: IBM surprises with revenue gain, and stock rallies
International Business Machines Inc. shares rallied in the extended session Monday after the tech giant topped Wall Street estimates with a surprise rise in revenue, snapping a four quarter streak of sales declines......»»
NewsWatch: Tech’s COVID-19 boom won’t last forever, but it’s not going to end just yet
Tech giants across nearly every sector are expected to report solid earnings gains in both the coming quarter and the rest of 2021, as the pandemic accelerated nearly everything, from e-commerce to virtual work to cloud computing......»»
Business in the Age of COVID-19: Tech’s COVID-19 boom won’t last forever, but it’s not going to end just yet
Tech giants across nearly every sector are expected to report solid earnings gains in both the coming quarter and the rest of 2021, as the pandemic accelerated nearly everything, from e-commerce to virtual work to cloud computing......»»
Therese Poletti"s Tech Tales: Tech’s COVID-19 boom won’t last forever, but it’s not going to end just yet
Tech giants across nearly every sector are expected to report solid earnings gains in both the coming quarter and the rest of 2021, as the pandemic accelerated nearly everything, from e-commerce to virtual work to cloud computing......»»
Earnings Results: Ford reports quarterly loss that tops $2 billion, increases investment in electric vehicles
Ford Motor Co. on Thursday posted a wider-than-expected loss in the fourth quarter, but shares rose after the auto maker promised to invest more in electric and autonomous vehicles......»»
Market Snapshot: U.S. stocks rise for 3rd day as investors focus on robust tech earnings, rising oil prices
All three major U.S. stocks indexes are trading with modest gains Wednesday afternoon, with technology and energy stocks up after oil hit $56 a barrel and Amazon and Google report healthy results in the second-busiest week of the quarter earnings reports......»»
Dow jumps over 600 points, GameStop tumbles
Stocks rebounded Thursday as investors digested an inline fourth-quarter gross domestic product reading and another batch of earnings from tech heavyweights......»»
Dow jumps over 500 points, GameStop tumbles
Stocks rebounded Thursday as investors digested an inline fourth-quarter gross domestic product reading and another batch of earnings from tech heavyweights......»»
Stocks soar in broad rally
Stocks rebounded Thursday as investors digested an inline fourth-quarter gross domestic product reading and another batch of earnings from tech heavyweights......»»