We remain cautiously optimistic heading into Apple’s fiscal third-quarter earnings, which will be released after the closing bell Thursday.
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Here’s what to expect ahead of Apple earnings after April’s supply-constraint warning
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Cybersecurity firm Proofpoint to buy European rival for $1 billion as it eyes IPO
Pavlo Gonchar | Lightrocket | Getty Images Cybersecurity firm Proofpoint announced Thursday it will acquire Germany-based competitor Hornetsecurity for $1 billion to strengthen its European presence as it explores a return to public markets. The deal marks the largest single acquisition in Proofpoint’s history. The Sunnyvale, California-based company, which is currently owned by private equity […]
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Alibaba shares drop 5% in premarket trading after big profit miss
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line. Shares were down 5% in premarket trade in the U.S. […]
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India approves Apple-supplier Foxconn’s $433 million joint venture in bid to boost chip industry
In this photo illustration, a Foxconn logo is seen displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Foxconn, the world’s largest contract electronics manufacturer, has received approval from the Indian government to build a semiconductor plant in a joint venture with HCL Group, drawing an investment of 37.06 billion rupees ($433 million). […]
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