Month: February 2026
Shares of Arm plunge 8% after licensing revenue misses estimates, Qualcomm outlook adds pressure
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Shares of UK-based semiconductor designer Arm Holdings plunged 7.48% in after-hours trading Wednesday after the company’s licensing revenue […]
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Asia markets mostly fall, tracking Wall Street losses as tech sell-off continues
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling. Notably, Advanced […]
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CNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in markets
Signage outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Alphabet’s fourth-quarter earnings and revenue beat Wall Street expectations. Its cloud unit dazzled, notching a nearly 48% increase in revenue from a year earlier. The tech giant expects capital expenditure for 2026 […]
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Alphabet resets the bar for AI infrastructure spending
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google parent Alphabet beat Wall Street’s expectations for its fourth quarter but a new, high bar for expected spending on artificial intelligence infrastructure tempered enthusiasm. […]
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Software experiencing ‘most exciting moment’ as AI fears hammer the stocks
Salesforce CEO Marc Benioff appears at the US-Saudi Investment Forum at the Kennedy Center in Washington on Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Box CEO Aaron Levie says that in the 20-year history of his cloud software vendor, “this is the most exciting moment we’ve ever had.” Wall Street doesn’t see […]
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Trump says he’ll stay out of Netflix, Paramount Skydance fight to take over WBD
U.S. President Donald Trump speaks before signing executive orders in the Oval Office in the White House in Washington, DC, on Jan. 30, 2026. Annabelle Gordon | Afp | Getty Images President Donald Trump said in a new interview on Wednesday did an about-face and said that he will not be involved in the fight […]
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Ciena returns to S&P 500 after getting booted 17 years ago
Gary Smith, chief executive officer and president of Ciena Corp., speaks during a Bloomberg Television interview in New York on June 14, 2013. Scott Eells | Bloomberg | Getty Images Networking hardware maker Ciena will join the S&P 500, returning to the benchmark after getting booted 17 years ago. The stock rose in extended trading. […]
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Jim Cramer says the tech sell-off proves why this old investing rule still matters
The action on Wall Street this week is a reminder of the importance of portfolio diversification, CNBC’s Jim Cramer said Wednesday, as tech-only portfolios have been getting beaten down during the bout of volatility. “Tech’s a good part of the market, it’s just that many of these stocks suddenly aren’t worth as much as we […]
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Qualcomm stock sinks as memory shortage drags on forecast
President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024. Patricia De Melo Moreira | AFP | Getty Images Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company’s forecast came up short because of the global memory […]
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E.l.f. Beauty posts earnings beat, raises full-year guidance
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from […]
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