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You are here: Home / Archives for Top Stories

The Ratings Game: Qualcomm stock logs worst day since pandemic shortages as chip glut produces ‘lackluster’ earnings

August 3, 2023 by MarketWatch.com - Top Stories

Qualcomm shares finished Thursday with their worst performance in two-and-a-half years as the chip maker kept drawing down phone handset inventory.

Filed Under: Top Stories

Key Words: Apple’s Tim Cook explains why he won’t showboat around AI

August 3, 2023 by MarketWatch.com - Top Stories

Executives at other tech companies can’t stop talking about AI, but Apple’s management has been pretty quiet.

Filed Under: Top Stories

Earnings Results: Apple sees sales decline for third quarter in a row — and says performance could be similar this quarter

August 3, 2023 by MarketWatch.com - Top Stories

Apple saw revenue fall slightly in the latest quarter, and its management expects similar performance in the current period.

Filed Under: Top Stories

Earnings Results: Funko says stores will be hesitant to stock up on toys for the rest of the year

August 3, 2023 by MarketWatch.com - Top Stories

Funko said it expected subdued demand for the rest of the year, the latest hurdle for a company that has dealt with layoffs and a big drop in its stock price.

Filed Under: Top Stories

: Tupperware stock soars 90% after debt restructuring agreement

August 3, 2023 by MarketWatch.com - Top Stories

Tupperware has finalized an agreement with its lenders to restructure its debt obligations, the company said Thursday

Filed Under: Top Stories

Earnings Results: Cloudflare earnings, outlook tops Street estimates; stock rallies more than 8%

August 3, 2023 by MarketWatch.com - Top Stories

Cloudflare shares rallied late Thursday, after the cybersecurity company’s earnings and outlook topped Wall Street expectations.

Filed Under: Top Stories

Earnings Results: Gilead’s profit lags consensus but sales beat, sending stock up after hours

August 3, 2023 by MarketWatch.com - Top Stories

Gilead’s quarterly revenue topped estimates and it tweaked guidance.

Filed Under: Top Stories

Earnings Results: CarGurus’ stock sinks 8% after online car marketplace spooks investors by delaying quarterly report

August 3, 2023 by MarketWatch.com - Top Stories

CarGurus said it wasn’t ready with its second-quarter results on the day it was supposed to release them.

Filed Under: Top Stories

Earnings Results: Amgen stock jumps after record earnings beat expectations, and biotech raises full-year outlook

August 3, 2023 by MarketWatch.com - Top Stories

Amgen’s stock jumped in after-hours trading Thursday, after the biotechnology giant reported record second-quarter earnings that rose above expectations.

Filed Under: Top Stories

Earnings Results: The ‘stabilization’ of AWS may have been the most significant number for Amazon’s earnings

August 3, 2023 by MarketWatch.com - Top Stories

“I am bullish on AWS’ growth,” Amazon CEO Andy Jassy said late Thursday, in which he predicted AWS would become a $100 billion business within several years.

Filed Under: Top Stories

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