Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%
Facebook CEO Mark ZuckerbergMarlene Awaad | Bloomberg | Getty ImagesOther than Apple, it was a brutal earnings week for Big...
Technology
Elon Musk now in charge of Twitter, CEO and CFO have left, sources say
SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at...
Amazon stock sinks 20% on weak fourth-quarter guidance
Andy Jassy, CEO of Amazon and then CEO of web services at Amazon.com Inc., speaks during the Amazon Web Services...
Apple beats but comes up light on iPhone sales and services
Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share. However, Apple came...
Pinterest shares soar on third-quarter revenue beat as it bucks online ads trend
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty...
Amazon’s cloud business just recorded its weakest growth to date and missed analysts’ estimates
Amazon Web Services CEO Adam Selipsky speaks at the Mobile World Congress conference in Barcelona, Spain, on March 1, 2022.Joan...
Intel announces up to $10 billion in cost reductions through 2025
Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct....
Dogecoin surges 35% as Elon Musk’s Twitter deal approaches close
Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays...
Meta shares plunge 24% to the lowest price since 2016
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., demonstrates the Meta Quest Pro during the virtual Meta Connect event...
Meta shares plummet 13% on weak fourth-quarter forecast and earnings miss
Facebook co-founder and CEO Mark Zuckerberg arrives for testimony before the House Financial Services Committee in the Rayburn House Office...
Elon Musk carried a sink into Twitter on Wednesday as deal nears close
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art...
Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefited him
Chamath PalihapitiyaOlivia Michael | CNBCBillionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve...
Mobileye pops more than 30% in market debut after spinning out of Intel
Amnon Shashua, president and chief executive officer of Mobileye Global Inc., and Patrick Gelsinger, chief executive officer of Intel Corp.,...
Chamath Palihapitiya blames the Fed for ‘perverted’ market conditions that benefitted him
Chamath PalihapitiyaOlivia Michael | CNBCBillionaire investor and so-called SPAC King Chamath Palihapitiya said the zero interest rates the Federal Reserve...
Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.
Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next '19 event in San Francisco, California,...
Facebook parent Meta reports third-quarter earnings after the bell Wednesday
Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021.Kevin Dietsch | Getty Images News | Getty ImagesMeta reports...
YouTube’s shrinking ad business is an ominous sign for the battered online ad market
A YouTube logo seen at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21,...
Foxconn’s iPhone factory in China — the world’s largest — hit by Covid outbreak
Source: Thomas Peter | ReutersFoxconn said Tuesday that its factory in Zhengzhou, China — the world's largest assembly plant for...
Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown
Tony Avelar | Bloomberg | Getty ImagesHard drive maker Seagate Technology said on Wednesday it plans to cut 8% of...
Alphabet falls after disappointing earnings that analysts say could signal bad news for Meta
The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France...