Browsing: earnings

A big week for Big Tech earnings is underway with Apple, Amazon, Microsoft, and Meta reporting their results. Last week’s Alphabet report provided insights into what to expect from these tech giants.

Microsoft’s earnings report has come out on top in the first major test of Big Tech’s financial performance since the imposition of Donald Trump’s tariffs.

US tech stocks skyrocketed as AI continues to drive notable earnings growth, highlighted by Microsoft and Meta Platforms’ significant gains.

Microsoft and Meta’s earnings reports exceeded expectations, boosting tech stocks, while Apple faced a legal setback in the UK.

Micron Technology shares gained after strong earnings, fueled by surging AI demand. Technical analysis reveals key levels to watch for potential breakouts and support.

Micron Technology’s forecast for the third quarter exceeds Wall Street expectations, fueled by robust demand for its high-bandwidth memory (HBM) chips used in AI applications.

Space technology company Intuitive Machines (LUNR) saw its shares rise after a significant revenue increase, despite lower-than-expected sales projections for 2025. Analysts remain cautiously optimistic, citing the company’s strong contract backlog and potential for future growth.

IT services provider Softcat has increased its full-year operating profit growth forecast, fueled by rising demand for artificial intelligence and automation.

Viomi Technology Co., a leader in Chinese home water solutions, reported a significant increase in net revenues and operational income for the full year of 2024, driven by strategic restructuring and a focus on core water purification systems.

Beta Bionics saw shares increase following the release of its first quarterly earnings report, which surpassed sales expectations.