By Akash Sriram (Reuters) -Snap forecast current-quarter results below expectations on Thursday as the Snapchat owner grapples with stiff competition…
Coinbase’s second-quarter revenue surges on crypto trading revival
(Reuters) -Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to…
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares fell sharply after…
Intel to cut 15% jobs, suspend dividend in turnaround push
-Intel said on Thursday it would cut more than 15% of its workforce and suspend its dividend starting in the…
Tech giants faced major market cap drop in July on earnings worries
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns…