Intel to cut 15% of headcount, reports quarterly guidance miss
Intel is cutting costs and won't pay a dividend for the fourth quarter of this year following weak results and quarterly guidance.
Amazon to report quarterly earnings after the close
Analysts expect Amazon to show revenue growth of 10.5% in its second-quarter earnings report.
Apple set to report fiscal third-quarter earnings after the bell
This year, the "main event" won't be Apple's earnings, it's what Apple says about the September quarter.
Barclays profit dips in the second quarter, beats estimates
The British lender is undergoing a major restructuring program in a bid to boost profits.
Oil giant Shell beats second-quarter profit expectations, launches share buyback program
Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.
Meta shows aggressive spending on AI is already paying off in big earnings beat
While there are still concerns about the company's aggressive AI spending, we believe these investments will pay off in the long run.
Lithium giant Albemarle halts Australia plant expansion, reviews costs on weak lithium prices
The decision comes as the company reported a second-quarter net loss of $188 million, or $1.96 per share. Excluding items, it earned 4 cents a...
Qualcomm beats estimates and phone chip sales are up 12%
Handset sales rose 12% on a year-over-year basis, which suggests that a deep slump in smartphone sales over the past two years is abating.
Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped
After facing declines in chip shipment counts, now Arm is focusing on higher-value markets, including accelerators for artificial intelligence.