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Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.
Intel Stock Takes Another Hit as UBS Trims Price Target to $112
GMV guidance falls to $149 billion from above $155 billion
A record-breaking quarter from Fabrinet sent its stock tumbling 20% and dragged the entire AI optical complex down with it, raising a question now rippling through Marvell, Coherent, and Amphenol shareholders: is this a one-day shakeout or a crack in the AI buildout thesis?
Andrew Dudum told CNBC the agency wanted "more of a headline than a real agreement" after years of cooperative talks
Earlier this month, Chipotle Mexican Grill faced a Minnesota federal lawsuit tied to a multistate Salmonella outbreak affecting over 200 reported customers, even as it continued rolling out promotions like Chipotle IQ and prepared to open its first restaurant in Saudi Arabia with franchise partner Alshaya Group. This mix of food safety litigation and ongoing international and customer-engagement initiatives highlights how operational risks can sit alongside growth efforts in shaping...
A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. Longer-dated bonds are at the epicenter of anxiety about everything from inflation to the debt-laden artificial-intelligence boom. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discusses the gap between sell-side consensus and buy-side expectations.
Open-source artificial intelligence is no longer the discount alternative to Silicon Valley's frontier labs. It is setting the pace on the newest battleground: the laptop sitting in front of the user. The pitch behind that lead was simple. Download the weights, run the model on your own hardware, ...
Klarna posted a Q2 beat and raised its profit outlook, yet the stock cratered while rivals shrugged. The reason behind that split tells a very different story than the headline numbers suggest.
Baidu.com (NASDAQ:BIDU) shares fell 9.3% in Tuesday morning trading after the Chinese tech giant reported second-quarter results that missed analyst estimates on revenue, earnings and net income. Revenue for the quarter came in at RMB31.3 billion, below the RMB31.96 billion analysts had...
Klarna trimmed its annual guidance, which overshadowed a second quarter earnings beat.
Klarna trimmed its annual guidance, which overshadowed a second quarter earnings beat.
Klarna stock plunged after the consumer financing firm reported Q2 earnings that topped views but the company lowered guidance.
Shares of the Chinese search-engine provider plummet after it posts a dismal set of second-quarter results.
Ondas Holdings Inc (NASDAQ:ONDS) shares fell 4. 9% in premarket trading on Tuesday after the company announced an agreement to acquire Aran Defense for approximately $33 million, a transaction designed to expand its manufacturing and engineering capabilities in Israel.
The payments company tempered its outlook for the year, even as it swung to a profit and logged higher revenue in the second quarter.
Investing.com -- Klarna Group plc (NYSE: KLAR) shares have fallen 14.4% premarket following the company’s second-quarter earnings report, as updated full-year revenue guidance came in below analyst expectations despite beating estimates for the current quarter.
Klarna says its chief financial officer, Niclas Neglén, will leave the company after nearly a decade.
The $10 million purchase turns airline data into training material.
The defense contractor's board removed Christopher Kubasik and elevated Sam Mehta, who oversaw segments accounting for 80% of company revenue
L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact on the Melbourne, Fla., company’s financial reporting, controls, customer relationships or operational performance, L3Harris said Monday. Explanation: The company didn’t give details on when it received a report of the potential violation.
Selling put options before a company's earnings announcement can be a valid strategy for options traders seeking to capitalize on higher than normal volatility.
Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals.
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