Super Micro Computer tumbles after cutting Q3 revenue forecast
Super Micro Computer (NASDAQ:SMCI) shares plunged premarket Monday after the company slashed its third-quarter revenue guidance due to new component shortages.…
Mobileye share lockup expires today
Mobileye’s (NASDAQ:MBLY) post-IPO share lockup period expires today, enabling the company’s earliest investors to sell shares for the first time…
Walt Disney Co to begin second wave of layoffs, cutting several thousand jobs – sources
(Reuters) – Walt Disney (NYSE:DIS) Co will begin a second wave of layoffs on Monday, as it works toward eliminating 7,000 jobs…
USD/JPY: Dollar Flat After Minor 0.2% Weekly Gain Against Yen
The Japanese yen is gearing up for an eventful week with Japan’s monetary policy statement looming on Thursday. The USD/JPY…
LVMH’s Market Value Exceeds $500 Billion, a First in Europe
LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of…
Dow futures fall 45 pts; tech earnings, growth data in focus
U.S. stocks are seen opening lower Monday, as investors cautiously await quarterly earnings from the big tech sector as well…
Chile’s lithium nationalization shines light on emerging tech
(Reuters) – Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an…
Tesla stock dips on raised 2023 capex forecast
Tesla (NASDAQ:TSLA) shares are trading around 1.5% lower in pre-market Monday after the electric vehicle (EV) maker increased its capital expenditures forecast…
India stocks higher at close of trade; Nifty 50 up 0.68%
India stocks were higher after the close on Monday, as gains in the Banking, Public Sector Undertakings and Real Estate sectors led shares higher. At…
Coca-Cola earnings beat by $0.03, revenue topped estimates
Coca-Cola (NYSE: KO) reported first quarter EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter…