Page 1989 – SiliconANGLE

Cloud

Amid reports of a possible sale, New Relic kicks off fiscal 2023 with strong earnings beat

By Mike Wheatley Aug 4, 2022

New Relic Inc.’s management relieved some of the pressure the company is under today, delivering fiscal first-quarter financial results that came in above expectations. It followed up with strong guidance for the next three…

Cloud

Atlassian shares rise on better-than-expected earnings

By Duncan Riley Aug 4, 2022

Shares in Atlassian Corp. PLC rose strongly in late trading after the Australian collaboration software company surpassed revenue expectations in its latest quarter. For its fiscal 2022 fourth quarter ended June 30, Atlassian reported…

Emerging Tech

Lyft shares surge on record earnings as riders return post-COVID-19

By Duncan Riley Aug 4, 2022

Shares in Lyft Inc. surged in late trading after the ride-hailing company reported record earnings as riders returned to the service post-COVID-19. For its second quarter ended June 30, Lyft reported an adjusted net…

Apps

Block shares drop on net loss in latest earning report

By Duncan Riley Aug 4, 2022

Shares in Block Inc. slumped in late trading after the company previously known as Square Inc. reported a loss in its latest quarter. For its second quarter ended June 30, Block reported a profit…

Apps

Twilio beats expectations but its stock drops on weak outlook

By Mike Wheatley Aug 4, 2022

Shares of Twilio Inc. fell in extended trading today after the company offered a weak outlook for its fiscal third quarter, despite beating expectations with its second-quarter results. The company reported a loss before…

Security

Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver solid earnings beats

By Duncan Riley Aug 4, 2022

Cybersecurity firms Cloudflare Inc., Synaptics Inc. and NortonLifeLock Inc. delivered solid earnings beats in their quarterly earnings reports Thursday but had different outlooks for the quarter ahead. For its second quarter ended June 30,…

Cloud

After beating Wall Street’s targets, Dropbox drops its full-year revenue forecast

By Mike Wheatley Aug 4, 2022

File-sharing service provider Dropbox Inc. posted second-quarter financial results that beat expectations today, but it offered weak guidance for the next quarter and cut its full-year outlook amid what it described as “challenging macroeconomic…

Infra

Intel reportedly nearing deal to build $5B+ chip plant in Italy

By Maria Deutscher Aug 4, 2022

Intel Corp. and the Italian government are reportedly close to signing a deal that would see the chipmaker build a new multibillion-dollar chip plant in Italy. The news was reported today by Reuters, which…

Apps

Report: Meta could raise up to $10B through corporate bond sale

By Maria Deutscher Aug 4, 2022

Meta Platforms Inc. could raise up to $10 billion from investors by selling corporate bonds, Bloomberg reported today. Corporate bonds are a type of financial instrument that companies use to raise debt financing. Meta is…

Blockchain

Meta expands NFT features on Instagram internationally

By Kyt Dotson Aug 4, 2022

Meta Platforms Inc. announced today that it’s expanding nonfungible token features on its Instagram social media platform internationally to more than 100 countries across Africa, Asia-Pacific, the Middle-East and the Americas. Meta Chief Executive…

all stories

Lyft shares surge on record earnings as riders return post-COVID-19

Block shares drop on net loss in latest earning report

Twilio beats expectations but its stock drops on weak outlook

Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver solid earnings beats

After beating Wall Street’s targets, Dropbox drops its full-year revenue forecast

Intel reportedly nearing deal to build $5B+ chip plant in Italy

Report: Meta could raise up to $10B through corporate bond sale

Meta expands NFT features on Instagram internationally

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