Finance News Archives | Page 110 Of 111

Super Micro shares plunge 35% as auditor resigns after raising concerns months earlier

Sopa Images | Lightrocket | Getty Images Super Micro’s shares plunged as much as 35% Wednesday morning after the company disclosed its auditor had resigned following months of disagreement with the firm over its governance and board independence. Ernst & Young in its resignation letter said it was “unwilling to be associated with the financial […]

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How OpenAI CEO Sam Altman’s lobbying power tamed Washington

Finance News

The results of the presidential election will have a big impact on the economy, foreign relations and health care. But when it comes to technology, one of the most powerful people shaping regulation isn’t a candidate at all. It’s Sam Altman. Neither Republican candidate Donald Trump nor his Democratic rival, Vice President Kamala Harris, have

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AMD shares fall as forecast fails to impress despite strong AI growth

Finance News

AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters Advanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations. Here’s how the company did, compared with LSEG estimates for the quarter ending Sept. 28:

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Snap shares jump 10% on profit beat, stock buyback

Finance News

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Andrej Sokolow | Picture Alliance | Getty Images Snap reported better-than-expected third-quarter results on Tuesday but issued light fourth-quarter guidance. The stock jumped more than 10% in extended trading. Here is how the company

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Alphabet earnings are out — here are the numbers

Finance News

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent Alphabet reported earnings after the bell. Here are the results. Earnings per share: $2.12 vs $1.85 expected by LSEG Revenue: $88.27 billion

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Apple announces new and smaller Mac Mini with first redesign since 2010

Finance News

Apple’s new Mac Mini is smaller than its predecessor. Apple Apple announced on Tuesday new Mac Mini models, featuring the first major redesign since 2010 that makes the desktop computer significantly smaller. Aside from a redesign that shrunk the case and reduced the computer’s volume in half, the main upgrade on these new computers is

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PayPal shares fall premarket on revenue miss

Finance News

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Shares were trading lower premarket. Here’s how the company did compared to Wall Street estimates,

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Bitcoin briefly tops ,000 for the first time since June as investors await earnings, Election Day

Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day

Finance News

Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 3% at $69,925.00, according to Coin Metrics. At about 6:00 p.m. Eastern on Monday, it touched $70,207.02

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Trump accuses Taiwan of stealing U.S. chip business. Here’s what the election could bring

Finance News

Former president Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on the Joe Rogan Experience podcast and accused the country of stealing America’s chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Such tariffs would impact the global

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Microsoft calls out Google for running ‘shadow campaigns’ in Europe to influence regulators

Finance News

Google CEO Sundar Pichai and Microsoft CEO Satya Nadella Udit Kulshrestha and David Paul Morris | Bloomberg | Getty Images Microsoft took the unusual step on Monday of publicly criticizing longtime rival Google for running “shadow campaigns” in Europe designed to discredit the software giant with regulators. Microsoft lawyer Rima Alaily wrote in a blog

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Super Micro shares plunge 35% as auditor resigns after raising concerns months earlier

How OpenAI CEO Sam Altman’s lobbying power tamed Washington

AMD shares fall as forecast fails to impress despite strong AI growth

Alphabet earnings are out — here are the numbers

Apple announces new and smaller Mac Mini with first redesign since 2010

PayPal shares fall premarket on revenue miss

Bitcoin briefly tops $70,000 for the first time since June as investors await earnings, Election Day

Trump accuses Taiwan of stealing U.S. chip business. Here’s what the election could bring

Microsoft calls out Google for running ‘shadow campaigns’ in Europe to influence regulators

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