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Bussiness

Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales

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Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending...
Bussiness

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped

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Rene Haas, chief executive officer of Arm Holdings plc, during the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024.Annabelle Chih | Bloomberg...
Bussiness

Boeing expects to burn cash again in third quarter after wider-than-expected loss

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Boeing on Wednesday said it will continue to burn cash this quarter and reported a wider quarterly loss and weaker revenue than analysts expected...
Bussiness

AMD says data center sales more than doubled in a year

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Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the Austin...
Jobs

Alphabet meets earnings expectations but misses on YouTube ad revenue

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Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on...
Bussiness

Oracle shares jump on Google and OpenAI deals despite earnings miss

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Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.David Paul...
Bussiness

Salesforce shares plunge 16% on first revenue miss since 2006

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Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg...

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