Amazon Shares Drop as Cloud Growth, Sales Forecast Lag
The cloud unit, Amazon Web Services, reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 billion, according to data compiled by LSEG. Amazon joins smaller cloud providers Microsoft and Google in reporting weak cloud numbers.
Qualcomm sales beat estimates, shares drop after licensing forecast
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel demand for smartphones, and its share price fell after the bell on expectations of flat revenue from its patent licensing business.
Pinterest shares surged after the company topped Wall Street's fourth-quarter estimates and showed robust user growth from a ...
International Business Machines Corp. gave a stronger-than-expected revenue growth outlook for the coming years led by the ...
The tech giant’s fast-growing cloud-computing business decelerated last quarter.
Thomson Reuters on Thursday forecast a pickup in underlying revenue growth over this year and next as it continues to invest ...
O'Reilly Automotive reported robust revenue growth but fell short of earnings expectations due to higher costs.
The pharmaceuticals major was boosted by high demand for its key drugs that offset a slight sales drop in China.
10hon MSN
As well as hitting $1 billion in quarterly revenue for the first time, Pinterest reached record user numbers, with 553 ...
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