Homechevron_rightArchives

Archives

Explore Stories by Date

31 Jul 2024

Electronic Arts Reports Strong Q1 2025 Earnings, Driven by Live Services and Mobile Growth

Electronic Arts (EA) has released its Q1 2025 earnings report, showcasing robust performance in live services and mobile gaming. The company's strategic focus on player engagement and expansion into new markets has contributed to its financial success.

2 Sources

Samsung's Q2 Profits Surge 15-Fold Amid Rising Chip Prices and AI Demand

Samsung Electronics reports a significant 15-fold increase in operating profits for Q2 2023, driven by recovering chip prices and growing demand for artificial intelligence technologies. The tech giant's performance signals a potential turnaround in the global semiconductor industry.

7 Sources

Oddity Tech Ltd. Faces Multiple Class Action Lawsuits Over Alleged Securities Fraud

Oddity Tech Ltd., a beauty and wellness company, is facing several class action lawsuits alleging securities fraud. Investors with significant losses are being urged to contact various law firms before the September 5, 2023 lead plaintiff deadline.

8 Sources

DoubleVerify Reports Strong Q2 2024 Earnings, Highlights Growth in CTV and Social Platforms

DoubleVerify, a leading software platform for digital media measurement and analytics, announced impressive Q2 2024 results. The company reported significant growth in Connected TV (CTV) and social platforms, while also expanding its international presence.

2 Sources

Intel Plans Massive Job Cuts to Finance Recovery Amid Chip Market Challenges

Intel Corporation is reportedly planning to lay off thousands of employees as part of its cost-cutting measures to finance its recovery in the competitive chip market. The move comes as the company faces challenges in various business segments.

5 Sources

Tesla's Self-Driving System Involved in Fatal Motorcycle Crash Near Seattle

A Tesla vehicle using its Full Self-Driving system was involved in a fatal crash with a motorcyclist near Seattle. The incident has reignited debates about the safety and regulation of autonomous driving technologies.

15 Sources

Omnicom Group Prices $600 Million Senior Notes Offering

Omnicom Group Inc., a global leader in marketing communications, has successfully priced a $600 million senior notes offering. The notes, due in 2034, will bear an annual interest rate of 5.450%.

3 Sources

Weebit Nano and DB HiTek Achieve ReRAM Module Tape-Out in 130nm BCD Process

Weebit Nano and DB HiTek have successfully taped out a Resistive Random Access Memory (ReRAM) module using DB HiTek's 130nm BCD process. This milestone marks a significant advancement in embedded non-volatile memory technology for analog and power applications.

2 Sources

Intel Prepares for Massive Layoffs Amid CPU Scandal and Technological Shifts

Intel, the tech giant, is reportedly planning to cut thousands of jobs as it grapples with a deepening CPU scandal and shifts focus towards technological advancements. This move comes as part of the company's ongoing restructuring efforts and cost-cutting measures.

8 Sources

Q2 2024 Financial Results: Stoneridge, Archrock, Meta, and Quad Report Mixed Performances

Several companies have released their second quarter 2024 financial results, showcasing varied performances across different sectors. Stoneridge, Archrock, Meta, and Quad have all reported their earnings, reflecting the current state of their respective industries.

4 Sources

Freshworks Reports Strong Q2 2023 Performance, Driven by AI Integration and Customer Growth

Freshworks, the software-as-a-service company, announced a 20% year-over-year revenue growth in Q2 2023, reaching $174 million. The company's success is attributed to AI integration and expanding customer base.

3 Sources

Global Stock Markets React to Central Bank Decisions and Economic Data

Stock markets worldwide show mixed reactions as investors await central bank decisions and digest economic data. Japanese markets fall ahead of Bank of Japan's policy announcement, while US futures indicate a cautious opening.

2 Sources

Qorvo Surpasses Q1 Revenue Expectations Amid Strong Chip Demand

Qorvo, a leading semiconductor company, has reported better-than-expected first-quarter revenue, driven by robust demand for chips across various sectors. The company's performance highlights the ongoing strength in the semiconductor industry.

3 Sources

Utility Companies Report Mixed Q2 2024 Results Amid Challenging Economic Environment

WEC Energy Group, CenterPoint Energy, and American Electric Power Company release their Q2 2024 earnings reports, highlighting various challenges and opportunities in the utility sector.

3 Sources

Q2/Q3 2024 Earnings: PTC, Entegris, DuPont, and Flowserve Report Strong Results

Several major companies, including PTC, Entegris, DuPont, and Flowserve, have reported their earnings for Q2/Q3 2024. The results show positive trends in various sectors, from software to materials science and industrial equipment.

10 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

The Outpost

News

About