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Salesforce sees higher quarterly, FY revenue; shares rise 7%

Salesforce sees higher quarterly, FY revenue; shares rise 7%%Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services, sending its shares up 7%% in extended trading.Reuters - Technology22 Aug 2019

Israel's Wix.com lifts 2019 revenue outlook as second quarter profit risesWix.com, which helps small businesses build and operate websites, reported higher than expected profit in the second quarter and raised its revenue forecast for 2019 amid solid sales growth from a host of new products.Reuters - Technology24 Jul 2019

Salesforce forecasts full-year results above expectations, shares riseSalesforce.com Inc beat analysts' estimates for quarterly revenue and profit on Tuesday and forecast full-year results above expectations, as customers looking to rein in costs boosted demand for its Sales Cloud product.Reuters - Technology04 Jun 2019

Chip gear maker Applied Materials results beat estimates, shares riseApplied Materials Inc forecast third-quarter profit and revenue above estimates and reported better-than-expected quarterly results on Thursday, allaying investor concerns about slowing semiconductor demand.Reuters - Technology16 May 2019

Baidu forecasts quarterly revenue below estimates, shares fallChinese search engine operator Baidu Inc on Thursday reported lower-than-expected first-quarter earnings and forecast quarterly revenue below estimates, sending its shares down 8%% in extended trading.Reuters - Technology16 May 2019

Dropbox raises full-year revenue forecast as paying users riseFile sharing and storage company Dropbox Inc raised its full-year revenue forecast and reported better-than-expected quarterly results, as it added more paying subscribers.Reuters - Technology09 May 2019

GoDaddy quarterly profit falls short of estimates as costs still weighWeb hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading.Reuters - Technology02 May 2019

FireEye revenue, billings forecasts disappoint, shares fallCyber security company FireEye Inc on Tuesday forecast second-quarter revenue and billings largely below Wall Street expectations as it expects to close fewer large deals than it did a year ago, sending its shares down 5 percent in after-hours trading.Reuters - Technology30 Apr 2019

Logitech fourth-quarter profit rises 22 percentLogitech International SA said keyboards and mice for players of multiplayer online games like Fortnite had surged as the peripherals maker on Tuesday reported a 22 percent increase in profit during its fourth quarter.Reuters - Technology30 Apr 2019

Samsung Electronics first-quarter profit falls 60%% on-year as weak chip prices biteSamsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels.Reuters - Technology30 Apr 2019

Chinese electric car maker BYD's first-quarter profit up 632 percent, sees first-half profit upChinese electric vehicle maker BYD Co Ltd, backed by U.S. investor Warren Buffett, reported on Sunday a 632 percent jump in its first-quarter net profit, buoyed by strong demand for its new energy vehicles.Reuters - Technology28 Apr 2019

EBay raises forecast as redesign draws customers, boosts ad revenueEBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue.Reuters - Technology23 Apr 2019

India's Wipro misses fourth-quarter profit estimatesIndian software services exporter Wipro Ltd missed analyst estimates for fourth-quarter profit on Tuesday, partly hurt by a rise in expenses and forecast weak growth at its biggest business segment.Reuters - Technology16 Apr 2019

Samsung Electronics sees lowest quarterly profit in more than two yearsSamsung Electronics Co Ltd said on Friday it was heading for its lowest quarterly profit in more than two years as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.Reuters - Technology05 Apr 2019

Samsung Electronics says first-quarter profit likely fell 60 percent as chip prices hitSouth Korea's Samsung Electronics Co Ltd said on Friday its first-quarter operating profit likely slid 60 percent from a year earlier, as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.Reuters - Technology04 Apr 2019

Samsung Electronics quarter one earnings under pressure as chip prices fallThe odds are stacked against Samsung Electronics Co Ltd ahead of the release of its first-quarter earnings guidance on Friday, with memory chip prices falling and its pricey premium smartphones struggling to be profitable.Reuters - Technology03 Apr 2019

Samsung Electronics expects quarter one earnings to miss market forecastsSamsung Electronics said on Tuesday that it expects its first quarter earnings to fall short of market expectations as declines in its memory chip prices have increased.Reuters - Technology26 Mar 2019

Micron sees memory chip recovery coming later in year, shares riseU.S. chipmaker Micron Technology Inc on Wednesday said it sees a recovery in the memory chip market coming and reported a quarterly profit that beat estimates as cost controls helped offset falling demand and prices, sending its shares up nearly 5 percent.Reuters - Technology21 Mar 2019

Fitbit sees current-quarter revenue below estimates, shares fall 11 percentWearable device maker Fitbit Inc forecast current-quarter revenue below analysts' estimates on Wednesday, as the company expects its average selling price to drop, sending its shares down 11 percent in extended trading.Reuters - Technology27 Feb 2019

Dropbox expects drop in first-quarter operating margin, shares fallFile sharing and storage company Dropbox Inc forecast a drop in current-quarter operating margins from a year earlier, sending its shares down nearly 11 percent in extended trading.Reuters - Technology21 Feb 2019

PC maker Lenovo returns to profit in third-quarter on strong performance across business groupsChinese PC maker Lenovo Group Ltd said on Thursday it swung to a net profit in the three months through December, beating market expectations, due to strong performance across its major business groups.Reuters - Technology21 Feb 2019

Nvidia full-year sales outlook tops analyst views; shares riseChip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.Reuters - Technology15 Feb 2019

Applied Materials second-quarter forecast misses on weak chip demandChip gear maker Applied Materials Inc forecast second-quarter profit and revenue below analysts' estimates on Thursday, underscoring the weakness in the semiconductor industry that has forced some companies to temper their outlook.Reuters - Technology14 Feb 2019

Newer businesses drive Cisco's earnings beat; shares riseCisco Systems Inc reported better-than-expected quarterly earnings on Wednesday, as it benefited from strength in its newer applications and security businesses, while shrugging of the impact of a U.S.-China trade war on its networking gear business.Reuters - Technology14 Feb 2019

Twitter shares tumble on forecasts for weaker revenue, higher costsTwitter Inc forecast that revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 10 percent in midday trading on Thursday.Reuters - Technology07 Feb 2019

GrubHub results, forecast miss estimates, shares tankGrubHub Inc reported lower-than-expected quarterly results on Thursday and forecast adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the full year below Wall Street estimates, sending its shares down 21 percent to a two-year low.Reuters - Technology07 Feb 2019

GoPro tops revenue estimates, posts first profit in five quartersGoPro Inc reported its first profit in five quarters on Wednesday and topped Wall Street estimates for revenue, as it cut costs and saw strong demand for the latest action cameras from its flagship HERO line.Reuters - Technology06 Feb 2019

Tinder growth powers Match earnings beat, shares soarMatch Group Inc beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday as its popular dating app, Tinder, attracted more subscribers, sending its shares up as much as 12 percent in extended trading.Reuters - Technology06 Feb 2019

FireEye forecasts surprise loss, shares fallFireEye Inc forecast a surprise loss for the current-quarter after edging past earnings estimate for the last three months of 2018, sending the cybersecurity firm's shares down 7 percent in extended trading on Wednesday.Reuters - Technology06 Feb 2019

Snap user number beats Wall Street estimate, shares soarSnap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose users to rival Facebook Inc's Instagram and sending its shares up more than 20 percent.Reuters - Technology06 Feb 2019

Amazon sales outlook falls short after record holiday quarterAmazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales and profit.Reuters - Technology01 Feb 2019

Microsoft's Azure revenue growth slows, shares fallMicrosoft Corp on Thursday met Wall Street's targets for its quarterly results and forecast, though Azure cloud computing sales grew more slowly than a year earlier.Reuters - Technology31 Jan 2019

Facebook profit beats Wall Street, shares jump after hoursFacebook Inc on Wednesday easily beat Wall Street's profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth.Reuters - Technology30 Jan 2019

Qualcomm shares rise as outlook eases China fearsQualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates.Reuters - Technology30 Jan 2019

AT&T;'s wireless customer growth slows, revenue misses estimatesAT&T Inc reported slower wireless customer growth and larger declines in its pay-TV business than Wall Street expected, sending its shares down 4 percent on Wednesday.Reuters - Technology30 Jan 2019

Small panels drive big fourth-quarter profit jump at LG DisplaySouth Korea's LG Display Co Ltd said on Wednesday fourth-quarter operating profit leapt more than six-fold from a year earlier, on the back of strong demand for its small panels including for smart watches.Reuters - Technology30 Jan 2019

AMD shares jump on record growth in data center revenueChipmaker Advanced Micro Devices Inc on Tuesday reported record quarterly growth in data center sales and projected revenue growth in fiscal 2019 above Wall Street expectations, sending its shares up 10 percent after the bell.Reuters - Technology29 Jan 2019

Amgen 2019 forecast falls short of expectations, shares dipAmgen Inc on Tuesday reported fourth-quarter profit that easily surpassed expectations as sales rose and tax expense fell, but competition for its older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates.Reuters - Technology29 Jan 2019

Verizon sees no increase in 2019 profit, misses fourth quarter revenue estimateVerizon Communications Inc on Tuesday said it does not expect profit growth in 2019 due to a higher tax rate and interest expense, and missed Wall Street estimates for fourth quarter revenue.Reuters - Technology29 Jan 2019

Whirlpool says costs, strong dollar to hit 2019 profit, shares fallU.S. home appliances maker Whirlpool Corp said on Monday its 2019 adjusted profit and revenue are likely to rise less than analysts' expectations due to a higher tax bill, costs and a strong dollar, sending its shares down 6.5 percent after the bell.Reuters - Technology28 Jan 2019

Nvidia cuts fourth-quarter revenue estimate on weak China demand; shares sinkNvidia Corp on Monday cut its fourth-quarter revenue estimate by half a billion dollars because of weak demand for its gaming chips in China and lower-than-expected data center sales, sending its shares down 15 percent.Reuters - Technology28 Jan 2019

Cloud, services fuel IBM's profit beat, robust outlook; shares jumpIBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations on Tuesday, in the latest indication that Chief Executive Officer Ginni Rometty's efforts to turn around the technology services company were gaining traction.Reuters - Technology23 Jan 2019

Netflix shares fall as weak forecast dampens investor optimismShares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.Reuters - Technology18 Jan 2019

India's Wipro expects small rise in IT services revenue in quarterIndian software services provider Wipro Ltd on Friday forecast a small rise in revenue growth from IT services for the quarter to March after beating third quarter profit estimates.Reuters - Technology18 Jan 2019

Netflix forecast misses Wall Street view, shares dipNetflix Inc forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world's largest streaming service down 4 percent in after-hours trading.Reuters - Technology18 Jan 2019

Netflix: Down after co misses fourth-quarter revenue estimates** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this yearReuters - Technology17 Jan 2019

TSMC offers gloomy revenue forecast, slams chipmaker sharesTaiwan Semiconductor Manufacturing Co Ltd (TSMC) cut full-year investment and forecast its sharpest quarterly revenue fall in a decade, joining a string of tech companies warning of a slowdown in global smartphone demand.Reuters - Technology17 Jan 2019

India's Infosys raises revenue guidance, but third-quarter profit misses estimateInfosys Ltd, India's second-biggest IT services company, on Friday raised its revenue growth forecast on the back of robust demand for its core services as well as its latest digital offerings from its Western clients.Reuters - Technology11 Jan 2019

Apple cuts current-quarter production plan for new iPhones by 10 percent: NikkeiApple Inc , which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday.Reuters - Technology09 Jan 2019

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV marginsSouth Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations.Reuters - Technology08 Jan 2019

Verizon adds more phone subscribers than expected in fourth quarterVerizon Communications Inc on Tuesday beat Wall Street estimates for net new phone subscribers who pay a monthly bill, adding 650,000 customers in the fourth quarter.Reuters - Technology08 Jan 2019

Samsung Electronics says weak chip demand sent fourth-quarter profit well below market estimatesSamsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to ease confusion among investors already fretting about a global tech slowdown.Reuters - Technology08 Jan 2019

Huawei expects 2018 revenue to rise 21 percent despite international scrutinyHuawei Technologies [HWT.UL] is expected to record a 21 percent jump in revenue for 2018 to $109 billion, its rotating chairman said, marking the Chinese tech giant's fastest pace of business growth in two years despite heightened global scrutiny of its activities.Reuters - Technology27 Dec 2018

Facebook shares could hit $160 in 2019: CitronShort-seller Citron Research on Wednesday backed Facebook Inc, saying the stock could hit $160 in 2019 as the company's revenue and user base have seen little impact from the reported data scandals and privacy issues this year.Reuters - Technology26 Dec 2018

Oracle sees strong third quarter on cloud strength, share riseOracle Corp on Monday forecast current-quarter profit above estimates after growth in its cloud services and license support unit helped the business software maker surpass Wall Street expectations for the second quarter.Reuters - Technology17 Dec 2018

Adobe's quarterly revenue surges 23 percentAdobe Systems Inc on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop.Reuters - Technology13 Dec 2018

HPE quarterly results top estimates on higher server demandHewlett Packard Enterprise Co beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by higher demand for its storage and data center networking products.Reuters - Technology04 Dec 2018

GameStop cuts full-year profit forecast, shares fall 11 percentGameStop Corp cut its full-year adjusted profit forecast, as the world's largest video game retailer struggles with weakness in used games from developers launching streaming services of old titles, sending its shares down 11.3 percent.Reuters - Technology30 Nov 2018

Software firm VMware's revenue rises 13.5 percentSoftware maker VMware Inc reported a 13.5 percent jump in third-quarter revenue on Thursday, as the company benefited from strong demand for its software used by customers to boost cloud computing efficiency.Reuters - Technology29 Nov 2018

Cloud storage firm Box reports smaller-than-expected loss, shares riseCloud storage provider Box Inc reported a smaller-than-expected quarterly loss as it added more customers, and forecast full-year revenue estimates above analysts' estimates.Reuters - Technology28 Nov 2018

China's Xiaomi swings to net profit in third-quarter on robust sales in India, EuropeChinese smartphone maker Xiaomi Inc said on Monday it swung to a net profit in the third quarter, beating analyst estimates, driven by robust sales in India and Europe.Reuters - Technology19 Nov 2018

'Crypto hangover' hammers Nvidia's outlook, shares drop 17 percentChip designer Nvidia Corp on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the evaporation of the cryptocurrency mining boom.Reuters - Technology16 Nov 2018

Cisco beats as network gear demand rises, new bets pay offCisco Systems Inc beat analysts' estimates for quarterly revenue and profit on Wednesday, as the network gear maker benefited from demand for its routers and switches as well as growth in newer areas of focus such as software.Reuters - Technology15 Nov 2018

Roku forecasts surprise loss for holiday quarter, shares fallRoku Inc forecast a surprise holiday-quarter loss and missed third-quarter revenue estimates for its high margin video streaming platform, sending its shares down nearly 13 percent in after-market trading on Wednesday.Reuters - Technology07 Nov 2018

Symantec second-quarter profit beats estimates, shares riseCybersecurity firm Symantec Corp beat analysts' estimates for second-quarter profit and revenue on Thursday, easing investor concerns following three consecutive quarters of disappointing results and forecast cuts.Reuters - Technology01 Nov 2018

GoPro forecasts fourth-quarter revenue below estimates, shares fallGoPro Inc on Thursday forecast a fourth-quarter revenue below analysts' estimates as it continues to battle waning demand for its products, sending the shares of the action-camera maker down nearly 13 percent in after-market trading.Reuters - Technology01 Nov 2018

U.S. online spending set to rise 14.8 percent in 2018 holiday seasonU.S. online spending during the holiday shopping season is likely to grow 14.8 percent this year to $124.1 billion, far outpacing the 2.7 percent growth predicted for brick-and-mortar locations and highlighting the ongoing switch from stores to web shopping.Reuters - Technology01 Nov 2018

Samsung slashes capex, calls end to chip boom after record third quarterSamsung Electronics Co Ltd slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.Reuters - Technology31 Oct 2018

Sprint beats revenue and profit forecasts, shares riseSprint Corp beat Wall Street's estimates for quarterly revenue, profit and overall net subscriber additions on Wednesday, driving shares in the No. 4 U.S. wireless carrier 9 percent higher in morning trading.Reuters - Technology31 Oct 2018

Spain's Telefonica raises revenue target, shares riseSpain's Telefonica raised its revenue target for the year, boosted by a brighter outlook for its domestic market and growth in Britain, despite a fall in third-quarter core profit caused by currency volatility in Latin America.Reuters - Technology31 Oct 2018

Baidu's fourth-quarter sales goal misses estimates as regulation, trade fears biteChinese search engine operator Baidu Inc on Wednesday forecast fourth-quarter sales below analyst estimates, saying new regulations and uncertainty surrounding a Sino-U.S. trade spat has prompted clients to cut back on advertising.Reuters - Technology31 Oct 2018

EBay beats quarterly profit on cost cut efforts, shares riseEBay Inc beat analysts' estimates for third-quarter profit by managing costs at a time when bigger rival Amazon.com Inc missed revenue estimates and forecast sales below expectations for the holiday quarter.Reuters - Technology30 Oct 2018

Red Hat jumps, IBM shares dip on cloud mega-mergerIBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.Reuters - Technology29 Oct 2018

Chipmaker TowerJazz sees fourth-quarter revenue missing forecastsTowerJazz revenues will miss expectations in the fourth quarter after falling in the previous three months, the Israeli chip manufacturer said on Monday, citing weakness in the market and a switch to higher-margin products.Reuters - Technology29 Oct 2018

Snap shares sink as two million users move onSnap Inc shares plunged 14 percent on Friday after the Snapchat-owner posted its second straight quarter of user losses and forecast further declines, a boost for Facebook Inc's Instagram ahead of its results next week.Reuters - Technology26 Oct 2018

Amazon's holiday season sales outlook misses views; shares sinkAmazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth that would be the slowest in years, sending shares of the world's largest online retailer down 8 percent in after-hours trade.Reuters - Technology25 Oct 2018

Alphabet misses Wall Street revenue estimates; shares fallGoogle parent Alphabet Inc on Thursday missed analysts' quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent after hours.Reuters - Technology25 Oct 2018

Snap expects to lose more users, shares plungeSnap Inc lost more users than Wall Street expected in the third quarter as it continued to grapple with an unpopular redesign of its Snapchat photo-messaging app and fierce competition from Facebook Inc's Instagram.Reuters - Technology25 Oct 2018

Tesla third-quarter profit quiets critics, shares surgeTesla Inc shares jumped on Thursday as Wall Street analysts said the company had turned a corner with profitable third quarter results and might not now need to raise outside capital.Reuters - Technology25 Oct 2018

GrubHub shares tank on disappointing fourth-quarter profit forecastOnline food delivery company GrubHub Inc's disappointing profit forecast overshadowed an all-round third-quarter beat, sending the stock tumbling 9 percent on Thursday morning.Reuters - Technology25 Oct 2018

Shopify posts surprise third-quarter profitCanada's Shopify Inc reported a surprise quarterly profit on Thursday as more subscribers and merchants signed up to use its platform, sending its U.S. listed shares up 4 percent before the bell.Reuters - Technology25 Oct 2018

South Korea's SK Hynix posts record third-quarter profit as chip outlook dimsSouth Korea's SK Hynix Inc posted record third-quarter operating profit on Thursday despite softer chip prices, beating expectations thanks to a seasonal sales boost for mobile devices and strong server demand.Reuters - Technology25 Oct 2018

Tesla shares jump as Musk delivers quarterly profit, cashTesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk's promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.Reuters - Technology25 Oct 2018

AMD revenue forecast disappoints as crypto demand subsides, shares plummetAdvanced Micro Devices Inc on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker faces dwindling demand from cryptocurrency miners for its high-margin graphic processors and excess inventory, sending its shares down 22 percent.Reuters - Technology24 Oct 2018

AT&T; satellite TV numbers disappoint, shares fallAT&T Inc's quarterly profit for the latest quarter rose less than expected, held back by its declining satellite TV business, sending the company's shares down more than 6 percent.Reuters - Technology24 Oct 2018

Verizon beats Wall Street estimates, shares hit 18-year highVerizon Communications Inc reported quarterly profit and net new phone subscribers well ahead of Wall Street estimates on Tuesday, as customers took advantage of its subsidies for Apple Inc's latest iPhones late in the quarter.Reuters - Technology23 Oct 2018

Xerox beats on profit, misses on revenue under Icahn appointeesXerox Corp fell short on revenue but beat estimates for profit on the back of cost-cutting in its first full quarter under new management backed by activist investors Carl Icahn and Darwin Deason.Reuters - Technology23 Oct 2018

PayPal quarterly profit beats estimates, shares risePayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed rose.Reuters - Technology18 Oct 2018

TSMC sees modest fourth quarter revenue growth, shrugs off trade war impactTaiwan Semiconductor Manufacturing Co (TSMC) offered a modest fourth-quarter revenue growth outlook, predicting weaker sales of high-performance computers for cryptocurrency mining will partially offset solid demand for chips from smartphones.Reuters - Technology18 Oct 2018

IBM revenue misses as server, software sales slowIBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.Reuters - Technology16 Oct 2018

U.S. judge approves SEC settlement with Tesla, Musk; shares jumpA U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.Reuters - Technology16 Oct 2018

Ubisoft shares rise to beat market sell-off after good sales for video gameShares in French video games maker Ubisoft rose by around 1 percent on Thursday, making them one of the few stocks to rise despite a broader market sell-off, after Ubisoft announced good sales for its latest 'Assassin's Creed' game.Reuters - Technology11 Oct 2018

South Korea's LG Electronics quarter-three profit likely rose 44 percent year-on-yearSouth Korea's LG Electronics Inc said on Friday its third-quarter operating profit likely rose 44.4 percent from the same period a year earlier, slightly below analysts' estimates.Reuters - Technology05 Oct 2018

Ubisoft shares climb on Google game streaming partnership dealUbisoft shares rose on Tuesday, outperforming weaker European markets, after Google said it had partnered with the French video games maker to test its video game streaming service.Reuters - Technology02 Oct 2018

Samsung Electronics third-quarter profit seen at record, but peaking, as chips shineSamsung Electronics Co Ltd is set to post a hefty jump in third-quarter profit to record levels after its chip unit put in a sterling performance on demand from data centers and improved production yields.Reuters - Technology02 Oct 2018

Tesla shares jump on Model 3 numbers, Musk dealShares of Tesla Inc jumped by almost 18 percent on Monday as Chief Executive Elon Musk settled a lawsuit that had threatened to force him out and said a surge in third-quarter production had driven it to the verge of profitability.Reuters - Technology01 Oct 2018

Oracle first-quarter revenue misses estimates, shares fallOracle Corp on Monday reported first-quarter revenue that narrowly missed analysts' estimates, suggesting that the business software maker was struggling to make inroads in the highly competitive cloud computing market.Reuters - Technology17 Sep 2018

Broadcom sees fourth-quarter boost from data center demand, iPhone launchBroadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc's new iPhones is expected to bolster its wireless business.Reuters - Technology06 Sep 2018

China's ZTE sees third-quarter profit after first-half loss on U.S. supplier banChina's ZTE Corp said it expects to make a profit in the third quarter after recording its worst-ever first-half net loss on Thursday, the result of a U.S. supplier ban that forced the telecoms gear maker to halt operations for three months.Reuters - Technology30 Aug 2018

Salesforce forecasts current-quarter profit below estimatesSalesforce.com Inc forecast current-quarter profit below analysts' estimates on Wednesday, as the cloud-software maker invests heavily to boost sales and fend off rising competition.Reuters - Technology29 Aug 2018

Cloud storage firm Box's shares fall on weak forecastCloud storage provider Box Inc on Tuesday forecast current-quarter below analysts' estimates, clouding a strong second-quarter beat and sending its shares down nearly 4 percent in extended trading.Reuters - Technology28 Aug 2018

Tesla shares dip 3 percent after Musk abandons buyoutShares in Tesla Inc fell just under 3 percent on Monday after Chief Executive Elon Musk abandoned his plan to take the electric carmaker private, with analysts saying the company needed new blood among senior management to prop up its standing with investors.Reuters - Technology27 Aug 2018

Synopsys' beat, strong forecast put shares on pace for record highSynopsys Inc reported better-than-expected quarterly results and forecast fourth-quarter above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients.Reuters - Technology22 Aug 2018

China Xiaomi's second-quarter revenue soars 68 percent, driven by smartphones, internet devicesChinese smartphone maker Xiaomi Inc reported its second-quarter revenue surged 68.3 percent, as strong smartphone sales complemented a jump in revenue at its smaller, but fast-growing connected devices business.Reuters - Technology22 Aug 2018


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