Dell shares hit record high after report, forecasts impress with AI in mix
By Sinéad Carew (Reuters) – Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence…
Lenovo Q1 revenue misses forecasts, hit by poor PC demand
By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter, hit by a prolonged slump in global…
SAP lowers FY cloud revenue forecast after slowing demand in Q2
By Anna Mackenzie and Andrey Sychev (Reuters) – Business software maker SAP on Thursday trimmed its full-year outlook for key cloud sales due to lower-than-anticipated transactional revenues in the second…
High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) – Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast dented some of the recent euphoria around artificial intelligence-linked…
Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targets
By Tiyashi Datta (Reuters) – Zoom Video Communications Inc said on Monday it will integrate more artificial intelligence into its products and forecast annual profit above Wall Street estimates, sending…
Lucid tumbles on dour forecast as Tesla’s price war takes toll
By Medha Singh (Reuters) – Lucid Group Inc’s shares slumped over 14% in early trading on Thursday after the electric vehicle maker’s 2023 production targets came in below estimates amid…
Apple forecasts another drop in revenue, proclaims iPhone production problems over
By Stephen Nellis (Reuters) – Apple Inc on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as…
Tinder gets swiped left as Match’s forecast disappoints
By Vansh Agarwal and Shreyaa Narayanan (Reuters) – Match Group Inc on Tuesday forecast first-quarter revenue below expectations after Tinder, the face of online dating, became a sore point in…
Rocket Lab delays first U.S. launch, cuts revenue forecast
By Akash Sriram in Bengaluru (Reuters) – Rocket Lab USA Inc cut its revenue forecast for the fourth quarter on Monday after it delayed the first launch of its Electron…
Meet the talent: Meredith Garofalo, Freelance Certified Broadcast Meteorologist
Place of residence: Cleveland, OH Position: Freelance Certified Broadcast Meteorologist (CBM) and Space/Science Correspondent, Digital Content Creator for DepartmentC, Science Journalist Mentor at The Open Notebook, Owner and CEO of…