Roblox shares plunged more than 16% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates. Roblox reported bookings of $1.36 billion for the fourth quarter, versus the $1.37 billion expected by analysts polled by LSEG. Daily active users came in at 85.3 million, reflecting 19% growth from a year […]
Roblox plummets 16% on disappointing bookings, daily active users miss Read More »
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon long ago passed Walmart in terms of market cap, but the e-commerce
Amazon set to pass Walmart in revenue for first time Read More »
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 is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election
Google scraps diversity ‘aspirations,’ citing role as federal contractor Read More »
FILE PHOTO: Robin Washington speaks on stage during 2019 Watermark Conference for Women Silicon Valley at San Jose McEnery Convention Center on February 22, 2019 in San Jose, California. Marla Aufmuth | Wireimage | Getty Images Salesforce on Wednesday said former Gilead Sciences finance chief Robin Washington will join the software maker to become president
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted,
Qualcomm tops estimates for earnings and revenue on strong smartphone demand Read More »
Lisa Su, chair and CEO of Advanced Micro Devices Inc., during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices shares fell more than 10% on Wednesday after the chipmaker under-delivered on Wall Street’s estimates for its important data center
AMD shares drop 10% on disappointing data center revenue Read More »
Pavlo Gonchar | Lightrocket | Getty Images Teladoc Health on Wednesday announced it will acquire the preventative care company Catapult Health in an all-cash deal for $65 million. Catapult offers an at-home wellness exam that allows members to check their blood pressure, collect a blood sample, log other screening information and meet virtually with a
Teladoc Health to acquire Catapult Health in $65 million deal Read More »
The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong, just hours after it suspended service from those regions. “The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption
USPS says it will resume accepting inbound packages from China, Hong Kong Read More »
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company
Uber beats fourth-quarter revenue expectations but offers soft guidance Read More »
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Ride-hailing and food delivery app Uber is opening its “interest list” to users in Austin, Texas, who want to be first in line for Waymo robotaxis there. The company said
Uber opens ‘interest list’ for Waymo robotaxi rides in Austin Read More »
