The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Intel Corp. (INTC) on Thursday reported a loss of $126 million in its fourth quarter. The Santa Clara, California-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, came to 13 cents per share.
With a market cap of $85.2 billion, Intel Corporation (INTC) is a global leader in semiconductor innovation, designs and manufactures microprocessors, chipsets, and computing solutions for consumer, enterprise,
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — ServiceNow Inc. (NOW) on Wednesday reported fourth-quarter profit of $384 million. The Santa Clara, California-based company said it had profit of $1.83 per share. Earnings, adjusted for stock option expense and non-recurring costs, came to $3.67 per share.
The Santa Clara, California-based company also expects its U.S. federal business to be slower in the first half of the year "due to seasonality from the change in presidential administration". ServiceNow said it would expand its consumption-based monetization model,
ServiceNow forecast annual subscription revenue below Wall Street estimates on Wednesday, affected by a strong U.S. dollar and a planned shift in its monetization model, sending its shares down 8% in extended trading.
ServiceNow plummeted sharply even as the IT management software group's fourth-quarter results topped Wall Street estimates, supported by a jump in subscription revenue.
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
ServiceNow Inc. gave a fiscal-year sales outlook that fell short of expectations, saying it is focused on fueling adoption of new generative artificial intelligence products rather than generating significant revenue for those tools in the near future.
Intel reported fourth-quarter revenue fell 7% from a year earlier to $14.26 billion, beating estimates of $13.81 billion. The PC market - Intel's largest by revenue share - saw global shipments rise only modestly last year, underperforming analysts' expectations of a strong rebound after months of declines.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It is designed for easy ...
The buildings that Nvidia has agreed to buy from affiliates of Sobrato Organization have addresses of 2701, 2711, 2721 and 2731 San Tomas Expressway, the county public files show. An adjacent parking garage at 2741 San Tomas Expressway is also included in the purchase deal.