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Super Micro shares fall ahead of filing deadline
The Super Micro Computer Inc. headquarters in San Jose, California, US, on Tuesday, Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell as much as 10% during trading on Tuesday as the company nears a deadline to file audited financial reports or be delisted from the Nasdaq exchange. […]
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Apple shareholders reject outside proposal to end DEI programs
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple shareholders on Tuesday rejected a request to abolish its Inclusion & Diversity program, signaling that investors still see value in the company’s diversity programs. […]
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Nvida to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an […]
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Apple’s Vision Pro has a problem a year into its existence: Not enough apps
Apple CEO Tim Cook (L) takes a selfie with a greets customers on arrival for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. Angela Weiss | AFP | Getty Images When Apple revealed the Vision Pro in 2023, it called the $3,500 headset its […]
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Meta approves plan for bigger executives bonuses following 5% layoffs
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase […]
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Apple unveils cheaper iPhone 16e powerful enough to run AI
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new iPhone model on Wednesday that is priced lower than its […]
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A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s […]
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TikTok returns to Apple, Google app stores
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect […]
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Arm shares rise on report that Meta will buy its first chip
Outside view of the newly completed Meta’s Facebook data center in Eagle Mountain, Utah on July 18, 2024. George Frey | Afp | Getty Images Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers. The Financial Times […]
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Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in […]
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