Technology
Intel beats but offers disappointing guidance
Intel shares fell 4% in extended trading on Thursday after the chipmaker issued a lower-than-expected forecast for its fiscal second quarter. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 81 cents as expected by analysts, according to Refinitiv. Revenue: $18.35 billion, vs. $18.31 billion as expected by analysts, according to Refinitiv. […]
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Apple posts big beat and 9% revenue pop, authorizes $90 billion buyback
Apple CEO Tim Cook greets customers at the new Apple Store on Broadway in downtown Los Angeles, California, U.S., June 24, 2021. Lucy Nicholson | Reuters Apple’s revenue grew nearly 9% on an annual basis in the quarter ending in March, the company said on Thursday, showing strong growth and bucking investor worries about a […]
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Snap launches a $230 flying camera called Pixy
Snap is launching a flying camera, the company announced Thursday during its annual partners summit. The camera, called Pixy, is a “pocket sized” device with no controller. Instead, users tap a button to send Pixy into one of four preset flightpaths. The device floats, orbits, or follows a few feet above the user to capture […]
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Comcast shares slump as broadband subscriber growth continues to slow
Comcast reported first-quarter earnings Thursday that beat analyst estimates on the top and bottom lines, though broadband growth continues to slow. Comcast added 262,000 high-speed internet customers in the quarter, above the 229,000 average analyst estimate. But about 80,000 of those subscribers were free Internet Essentials customers who are now counted in the total. Comcast […]
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Op-ed: Russia’s war on Ukraine shows the urgent need to move away from fossil fuels as fast as possible
Drift ice – ice flows in the Arctic Ocean, Nordaustlandet, North East Land, Norway. Arterra | Universal Images Group | Getty Images Espen Barth Eide is Norway’s Minister of Climate and Environment. Fatih Birol is the Executive Director of the International Energy Agency. The energy crisis triggered by Russia’s inexcusable aggression against Ukraine has focused […]
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These scientists bonded over toilet tech. Now they’re working on carbon-free cement
Hugo Leandri (Left) and Cody Finke, the co-founders of Brimstone Energy. Photo courtesy Brimstone Energy Cars and electricity get a lot of attention in conversations about decarbonization, and they should. But building materials like cement and steel also need to be scrutinized. The production of cement is responsible for about 8% of global carbon dioxide […]
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Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more
Here are the biggest calls on Wall Street on Thursday. Source
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Twitter is set to report Q1 earnings days after accepting Musk’s takeover bid
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter is set to report earnings for the first quarter of 2022, in what […]
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Musk is not supposed to disparage Twitter while trying to buy it. He’s doing it anyway.
Elon Musk may tweet about the Twitter deal but not “disparage the company or any of its representatives,” according to a securities filing. Jakub Porzycki | Nurphoto | Getty Images Less than 48 hours after Elon Musk and Twitter went public with their $44 billion deal to take the company private, Musk has continued to […]
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Australia opens facility that will ‘blast’ human waste and convert it into fertilizer
A sewage treatment plant. The idea of reusing organic matter or waste in industrial processes and other initiatives is not a new one, and the last few years have seen a number of interesting projects take shape. Thomas Imo | Photothek | Getty Images An Australian plant that converts human waste into fertilizer and energy […]
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