Page 977 – SiliconANGLE

Infra

Intel’s stock craters as it reveals plan to cut 15,000 jobs, 15% of its workforce

By Mike Wheatley Aug 1, 2024

Updated with Friday stock close: Intel Corp. today confirmed reports from earlier this week that it will cut a significant number from its massive global workforce, saying it plans to lay off about 15,000…

Blockchain

Coinbase and Block shares rise as both impress in second quarter

By Duncan Riley Aug 1, 2024

Shares in Coinbase Global Inc. and Block Inc. rose in late trading today as they both impressed investors and Block announced a new sales strategy. For its second quarter that ended June 30, Coinbase…

Cloud

Amazon’s stock slides on revenue miss and lower guidance despite cloud growth uptick

By Mike Wheatley Aug 1, 2024

Shares of Amazon.com Inc. took a beating in extended trading today, falling more than 7% after the company reported revenue that came in below expectations and followed with lower guidance for the current quarter.…

Cloud

Atlassian reports solid earnings but projects weaker growth in fiscal 2025, and stock falls 14%

By Duncan Riley Aug 1, 2024

Shares in Atlassian Corp. fell nearly 14% in late trading today after the Australian collaboration software company reported solid earnings and revenue in its fiscal fourth quarter but fell short on both its first-quarter…

Apps

Snap shares plunge 18% on revenue shortfall and lower-than-expected guidance

By Duncan Riley Aug 1, 2024

Shares in Snap Inc. plunged about 18% in late trading today after the company missed on revenue in its fiscal 2024 second quarter and fell short of third-quarter adjusted earnings guidance. For the quarter…

Apps

Apple beats analysts’ expectations thanks to strong iPhone and iPad sales

By Duncan Riley Aug 1, 2024

Shares in Apple Inc. rose slightly in late trading today after the iPhone maker beat analysts’ expectations in its fiscal 2024 third quarter. For the quarter that ended on June 29, Apple reported adjusted…

Apps

Apple asks court to dismiss Justice Department’s antitrust lawsuit

By Maria Deutscher Aug 1, 2024

Apple Inc. has requested the dismissal of a Justice Department lawsuit that alleges its business practices in the smartphone market breach antitrust rules. The iPhone maker filed its motion today with the federal court…

Infra

Mobileye shares drop on lowered full-year guidance

By Maria Deutscher Aug 1, 2024

Mobileye Global Inc. today reported better-than-expected results for the second quarter, but lowered its full-year guidance on account of a slowdown in demand for its vehicle chips. Shares of the Intel Corp. unit tumbled…

Cloud

Enhancements for Microsoft Purview expand capabilities for data governance and security

By Mark Albertson Aug 1, 2024

Microsoft Corp. has announced general availability for its Microsoft Purview Data Governance solution, and it has deployed new innovations to help business users manage the growing challenges associated with a vast data landscape. “The…

AI

AI networking: Juniper Networks seizes the opportunity to broaden the conversation around AIOps

By Mark Albertson Aug 1, 2024

A decision by Juniper Networks Inc. to build its product offerings around artificial intelligence-native networking has positioned it to have a say in the future of AI infrastructure. The company’s expansion of AI across…

the latest

Intel’s stock craters as it reveals plan to cut 15,000 jobs, 15% of its workforce

Coinbase and Block shares rise as both impress in second quarter

Amazon’s stock slides on revenue miss and lower guidance despite cloud growth uptick

Atlassian reports solid earnings but projects weaker growth in fiscal 2025, and stock falls 14%

Snap shares plunge 18% on revenue shortfall and lower-than-expected guidance

Apple beats analysts’ expectations thanks to strong iPhone and iPad sales

Apple asks court to dismiss Justice Department’s antitrust lawsuit

Mobileye shares drop on lowered full-year guidance

AI networking: Juniper Networks seizes the opportunity to broaden the conversation around AIOps

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