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November 24, 2020

ENTERPRISE

HP jumps on earnings beat and rising PC notebook sales

CNBC
CNBC – For more and to sign up click here Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares rose as much as 9% in extended trading on Tuesday after the PC maker reported fiscal fourth-quarter earnings that beat analysts’ estimates and provided an optimistic earnings forecast. Earnings: 62......

Sonos soars on strong fiscal-year guidance

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CNBC – For more and to sign up click here Patrick Spence, CEO of Sonos.  Devan Burris | CNBC Shares of speaker maker Sonos rose as much as 21% in extended trading on Wednesday after the company reported fiscal fourth-quarter earnings and guidance that beat expectations. Here’s how the company......

Airbnb received a cloud contract extension this year as the pandemic raged

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CNBC – For more and to sign up click here Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg |......

Microsoft looks beyond the console wars as it releases new Xboxes alongside Sony’s PS5

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CNBC – For more and to sign up click here A customer carries away a PlayStation 5 console at an electronics store in Sydney on November 12, 2020, on the day of PS5 official launch. Saeed Khan | AFP | Getty Images Microsoft and Sony both released new video game......

Palantir stock drops even after company reports 52% sales growth in first earnings statement

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CNBC – For more and to sign up click here A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020.......

Cisco jumps as company beats, offers strong forecast

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CNBC – For more and to sign up click here CEO of Cisco Chuck Robbins speaks during the VivaTech (Viva Technology) trade fair in Paris on May 24, 2018. Gerard Julien | AFP | Getty Images Cisco shares moved 9% higher in extended trading on Thursday after the company reported......

The FBI Declassified: Dangerous Journey on the Silk Road

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CBS News – For more and to sign up click here How an FBI cyber team captured the mastermind behind the Silk Road, an illegal online marketplace and multimillion dollar enterprise selling illicit items like drugs and weapons. Even murders for hire were discussed. Narrated by Alana De La Garza......

Remote work is ‘here to stay’ — even with a vaccine, says former IBM CEO

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CNBC – For more and to sign up click here Covid vaccine: Ex-IBM CEO Rometty says remote work is here to stay Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Peter Thiel’s Palantir is skyrocketing as Trump’s prospects grow dim

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CNBC – For more and to sign up click here Peter Thiel, co-founder and chairman of Palantir Technologies Inc., speaks during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the data analytics software company co-founded by Peter Thiel, one......

Some of the year’s best performing tech stocks got pushed down this week

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CNBC – For more and to sign up click here Fastly, Square, other 2020 tech winners pushed down this week Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Google is taking a new step to show investors how serious it is about the cloud

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CNBC – For more and to sign up click here Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Google wants investors to know......

Amazon cloud revenue jumps 29%, in line with expectations

CNBC
CNBC – For more and to sign up click here Attendees at Amazon.com Inc annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, Nevada, U.S., November 30, 2017. Salvador Rodriguez | Reuters Amazon’s cloud business increased revenue by 29% in the third quarter as demand......

Alphabet stock pops 8% as company crushes expectations

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CNBC – For more and to sign up click here Google parent company Alphabet‘s stock rose more than 8% in after-hours trading as it crushed expectations for both earnings and revenue in its third-quarter earnings results, showing strong growth in advertising revenue across the board. Here are the results. Earnings......

Chipmakers AMD and Nvidia are using skyrocketing stock prices to make industry’s biggest acquisitions

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Microsoft beats on sales and earnings as Azure growth outpaces expectations

CNBC
CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp. Daniel Berman | Bloomberg | Getty Images Microsoft shares moved as much as 1% higher in extended trading on Tuesday after the company reported fiscal first-quarter results that were better than analysts......

Remote schooling in the pandemic has made Chromebooks a bigger force in the computer market

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CNBC – For more and to sign up click here Sundar Pichai, senior vice president for Chrome at Google Inc., holds up a new Chromebook Pixel as he speaks during a launch event in San Francisco, California, U.S., on Thursday, Feb. 21, 2013. Google Inc., owner of the world’s most......

Huawei’s growth slows sharply as U.S. sanctions bite

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CNBC – For more and to sign up click here Huawei headquarters building is pictured in Reading, Britain July 14, 2020. Matthew Childs | Reuters GUANGZHOU, China — Huawei’s revenue growth slowed sharply in the third quarter while its margin dipped as U.S. sanctions disrupt its business. Revenue for the......

Intel drops on weak results for its data center group

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CNBC – For more and to sign up click here Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images Intel shares fell as much as......

Slack’s stock drops after Morgan Stanley says Covid-related spending is going to rivals Microsoft and Zoom

CNBC
CNBC – For more and to sign up click here Stewart Butterfield, chief executive officer of Slack Technologies Inc., right, with Allen Shim, chief financial officer of Slack Technologies, Inc., on the floor of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York,......

IBM reports third straight quarter of revenue declines

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CNBC – For more and to sign up click here Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares......

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