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Shares of On Semiconductor fall 20% on bad Q4 guidance

by Ev Richard
Shares of On Semiconductor fall 20% on bad Q4 guidance

Mailsonpignata / 500Px | 500Px | Getty Images Shares of ON Semiconductor tumbled 20% Monday after the company’s third-quarter report beat expectations but offered weak guidance for the rest of …

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Categories Technology

Microsoft Azure outpaced AWS and Google Cloud in latest quarter

by Ev Richard
Microsoft Azure outpaced AWS and Google Cloud in latest quarter

In the high-stakes cloud-computing battle, Microsoft is outpacing its top rivals. Third-quarter results are in for most mega-cap tech companies after a big week for tech earnings. On the cloud …

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Categories Technology

Amazon stock up on Q3 earnings report

by Ev Richard
Amazon stock up on Q3 earnings report

Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.  …

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Categories Technology

Meta stock down on cautious commentary about unrest in the Middle East

by Ev Richard
Meta stock down on cautious commentary about unrest in the Middle East

Shares of Meta dipped more than 2% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due to the ongoing Israel-Hamas …

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Categories Technology

IBM Q3 earnings report 2023

by Ev Richard
IBM Q3 earnings report 2023

Arvind Krishna, IBM’s chair and CEO, during an interview in New York on May 1, 2023. Christopher Goodney | Bloomberg | Getty Images IBM shares rose 2% in extended trading …

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Categories Technology

Amazon launches European ‘sovereign’ cloud as EU data debate rages

by Ev Richard
Amazon launches European ‘sovereign’ cloud as EU data debate rages

The Amazon Web Services (AWS) logo, a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies, and governments, displayed during the Mobile World Congress 2023 on March …

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Categories Technology

Microsoft (MSFT) Q1 earnings report 2024

by Ev Richard
Microsoft (MSFT) Q1 earnings report 2024

Satya Nadella, chief executive officer of Microsoft Corp., arrives to federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will disclose its fiscal …

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Categories Technology

Op-ed: We cannot allow AI to make Big Tech even bigger

by Ev Richard
Op-ed: We cannot allow AI to make Big Tech even bigger

Steve Case, Chairman and CEO of Revolution. John Chiala | CNBC Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from …

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Categories Technology

Signos raised $20 million to tackle weight loss with CGMs and data

by Ev Richard
Signos raised  million to tackle weight loss with CGMs and data

Weight loss has always been big business, but it’s exploded of late due to surging demand for Ozempic, Wegovy and other new diabetes and obesity drugs. In the first half …

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Categories Technology

Okta hack wipes out more than $2 billion in market cap

by Adrian Jhonsan
Okta hack wipes out more than  billion in market cap

The Okta Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Sunday, Feb. 28, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Okta has shed …

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