by Prime Admin | Feb 1, 2023 | Content, Markets
Snap (SNAP) reported its Q4 2022 earnings on Jan. 31, meeting analysts’ expectations on revenue and user growth, but clocking a net loss and weak guidance for this year’s Q1. Here are the key numbers that emerged from Snap’s report, as compared with...
by Prime Admin | Jan 31, 2023 | Markets
Investors have had a slew of downbeat headlines to kick off 2023. Eye-popping layoff news from tech stalwarts Amazon, Microsoft, Salesforce and 3M. Chip giant Intel reported another tough outlook amid a major slowdown in PC demand. Ford and Tesla slashing prices on...
by Prime Admin | Jan 30, 2023 | Content, Markets, Technology
Memory-chip prices, which dropped steeply over the past year, are expected to keep falling in the first half of 2023, putting more pressure on an industry that has already cut investments and jobs. Average prices for the two main types of memory chips used in everyday...
by Prime Admin | Jan 30, 2023 | Content, Markets
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. EVs are going mainstream as manufacturers across the globe are ramping up production. EVs made up 10% of all...
by Prime Admin | Jan 26, 2023 | Exchange, Markets
Stock futures were mostly higher Thursday and tech stocks looked poised to rally after Tesla TSLA +0.38% delivered solid quarterly earnings. These stocks could make moves Thursday: Tesla (TSLA) was up more than 7% in premarket trading. The electric-vehicle maker...
by Prime Admin | Jan 26, 2023 | Markets
Stocks mounted an impressive comeback Wednesday, with the Nasdaq Composite (^IXIC) nearly erasing its biggest opening deficit since October. The Dow Jones Industrial Average (^DJI) eked out a small gain — its fourth straight — after spending most of the day in the...
