Tag: stock market

Here you will find all the articles with the tag: stock market.

Market value of AI chip companies plummets, investors concerned

Market value of AI chip companies plummets, investors concerned

The share prices of TSMC, Nvidia, ASML and other chip companies have declined sharply. In recent days, investors have been a lot more pessimistic about the prospects of AI hardware. Is the AI hype already weakening, or are the cooled market conditions only temporary? TSMC and Nvidia plunged 13 p... Read more

date1 month ago
Toshiba tries to buy itself out of stock market

Toshiba tries to buy itself out of stock market

Japanese tech group Toshiba wants to privatize itself. This should bring an end to years of turmoil surrounding the future of the tech conglomerate. Toshiba wants to corporatize itself through a buyout of all outstanding shares, according to recent communications from the concern. To this end, t... Read more

date10 months ago
Salesforce settles with activist shareholder, does peace return?

Salesforce settles with activist shareholder, does peace return?

Salesforce is engaged in a hefty battle at the board level with several activist shareholders. These believe that Salesforce is performing far below its potential and that things must improve. Revenue and especially profit needs to go up. One of the demands of Elliot Management, the largest activis... Read more

date1 year ago
‘Arm adjusts licensing model to boost stock market value’

‘Arm adjusts licensing model to boost stock market value’

Arm has informed customers that it will adjust its licensing model and introduce new pricing calculations for its chip technology. With this, Arm would like to boost its stock market value ahead of its upcoming IPO. The Financial Times writes based on sources. Whereas Arm currently bases royalti... Read more

date1 year ago
Softbank to buy back shares after record loss

Softbank to buy back shares after record loss

Softbank posted a record loss of €23 billion. The tech investor wants to buy back a large amount of shares in response. Softbank, like other tech companies, is experiencing the consequences of a stagnant tech market. Softbank saw a slight revenue increase of 0.4 percent in its first fiscal qua... Read more

date2 years ago
Salesforce beats expectations with Q1 results

Salesforce beats expectations with Q1 results

Salesforce presented its first-quarter fiscal results. The organization exceeded expectations, lifted its full-year profit guidance and sent the stock flying in after-hours trading. The company reported revenue of $7.4 billion, a 24 percent increase from last year. “We had another great quarte... Read more

date2 years ago
JFrog releases promising quarterly results

JFrog releases promising quarterly results

DevOps vendor JFrog announced its first quarter's financial report. Revenue grew to 64 million dollars, up 41 percent from last year. JFrog's shares skyrocketed following the announcement. Shlomi Haim, the CEO and co-founder of JFrog, said that they had signified a great fiscal start to 2022 wi... Read more

date2 years ago
‘Zendesk is considering a sale’

‘Zendesk is considering a sale’

Zendesk onboarded advisors from Qatalyst Partners to explore a potential sale. This is reported by Bloomberg based on insider sources. Zendesk might go private. Though Zendesk and Qatalyst Partners refused to comment, Bloomberg sources indicate that potential buyers were found and contacted. In... Read more

date2 years ago
Snowflake share price plummets regardless of notable yearly growth

Snowflake share price plummets regardless of notable yearly growth

Although Snowflake generated a hefty turnover in the past fiscal year, its share prices fell drastically. Furthermore, Snowflake announced the acquisition of Streamlit, an open source framework for building and sharing data applications. The annual figures for the fiscal year of 2022 show that S... Read more

date2 years ago
Investors look to Big Tech as stock market falters

Investors look to Big Tech as stock market falters

Tech stocks are feeling most of the pressure from a recent market selloff, highlighting how an extended downturn in the sector could impact the broader equity indexes. Monday saw a sharp drop which caused the S&P technology sector to go down 6.7% since the overall S&P 500 closed at a rec... Read more

date3 years ago
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