Fourth quarter results beat Wall Street expectations, as overall sales rise 6 percent, but EU tax ruling hits profits
TECHNOLOGY POWERING BUSINESS
News financial reports
Shares In Nvidia Fall, Despite Record Profits, Sales
Nvidia announces $50 billion stock buyback after impressive Q2 financials, but shares slip despite strong demand for AI chips
Intel To Cut Thousands Of Jobs – Report
Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump
Alphabet CFO Steps Aside, As Q2 Profit Beats Expectations
CFO Ruth Porat to take charge of Google's 'Other Bets' portfolio, as second quarter profit beat expectations
Intel Posts Largest Ever Quarterly Loss, But Shares Rise
Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price rises
Apple Disappoints By Missing Wall Street Expectations
Financial results from Apple highlight weakening consumer demand, as it insists iPhone production problems are over
Apple Profits Double As Users Upgrade To 5G iPhones
Apple reaps reward from strong spending on Macs, apps and iPads during lockdown, coupled with people upgrading to 5G iPhones
Apple Pleases With Strong Sales Of iPhone 11
Strong growth at Apple propels its market valuation close to $1.4 trillion amid buoyant iPhone sales, even in China
Facebook Grows Profit, Despite Multiple Scandals
No sign that multiple scandals have dented advertisers desire for the social networking platform
Alphabet Shrugs Off European Fine Thanks To Strong Ad Sales
Google's parent surprises Wall Street with strong growth, despite stiff penalty from the EU over Android
IBM Finally Returns To Growth, But It’s Not All Good News
For the first time in 23 quarters sales at IBM have risen, but a quarterly loss and stagnant forecast blunts the news
Advertising & Hardware Boost Google Alphabet As Cloud Benefits Microsoft Revenues
Strong results from two tech titans after both Alphabet and Microsoft recorded positive financials
Amazon Profit Growth Disappoints Despite Cloud Strength
Shares in Amazon slump over less than expected profits, despite continuing strength of its AWS division
Google Parent Alphabet Reaps Advertising Rewards
Strong quarter for Google's parent powered by advertising strength, YouTube and other services
Amazon Profits As AWS Cloud Pays Off
Amazon smashes analyst expectations as revenues and profits soar due to strong cloud and retail performance
EMC Revenue Slides Ahead Of Dell Purchase
EMC CEO describes results as “solid” as revenues slip ahead of pricey acquisition by Dell
Oracle Beats Street On Profits, But Revenue Still Slipping
Total cloud revenue was up 31 percent, but total on-premises software (down 7 percent) and hardware (down 16 percent) sales continue to be problematic
Facebook Users Cross Billion Threshold As Mobile Ads Grow
Facebook averages over one billion users a day, as mobile continues to be principle growth driver
IBM Under Accounting Investigation For Transactions in US, UK, and Ireland
IBM admits United States Securities and Exchange Commission has been probing company practices since August