By Arsheeya Bajwa (Reuters) -Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the…
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported slowing online sales growth in…
Exxon delivers $9.2 billion second-quarter profit, raises output target
By Sabrina Valle (Reuters) – Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output…
Harris raises $310 million in July as campaign shakeup energizes donors
By Jarrett Renshaw (Reuters) – The Harris campaign announced on Friday that it raised $310 million in July, fueled by…
U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance…
Snap forecasts weak revenue as big rivals threaten growth, shares slide
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…