Microsoft Revenue Beats as Remote Work Boosts Teams, Cloud Strength
Microsoft on Wednesday beat sales and profit expectations, powered by sharp demand for its Teams chat and online meeting app and Xbox gaming services as...
Facebook's Revenue Remained High Despite Coronavirus Impact in Ad Spending
Facebook Inc beat estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge in...
Qualcomm Forecasts High Revenue on 5G Chip Demand
Qualcomm Inc on Wednesday forecast current-quarter revenue in line with expectations as it signed more contracts for 5G phones, although the COVID-19 pandemic has disrupted...
Spotify Paid Music Subscribers Rise to 130 Million
Spotify Technology SA on Wednesday reported a 31% jump in paid music subscribers to 130 million and a 22% rise in revenue in the first...
LG Reports Record Operating Income Margin, Revenue Decline
LG Electronics Inc. (LG) today announced first-quarter 2020 consolidated revenue of KRW 14.73 trillion (USD 12.45 billion) -- 1.3 percent lower than last year --...
AMD Reports Record Profits from Ryzen and Radeon, Zen 3 and RDNA 2 On Track
AMD reported strong earnings for the first quarter of 2020, though AMD executives acknowledged that lower consumer spending may offset the strong demand for its...
Alphabet Warns of Difficult Quarter, Google Cloud and YouTube Expansion Help Fueled Q1 Results
Alphabet Inc on Tuesday gave a better than expected estimate for quarterly revenue as its Google unit posted double-digit advertising growth despite the economic slowdown...
Samsung Electronics Expects Q2 Results to Decline as COVID-19 Impact Demand of Core Products
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones...
Despite Billions of Stock Buybacks, Booking Asks For Government Aid
Global travel site Booking.com drew an outcry after Chief Executive Officer Glen Fogel told newspaper De Volkskrant on April 15 that it was applying for...
Intel Reports High Q1 Revenue Boosted by Data Center and PC Businesses
Intel's revenue for the first quarter was increased as a result of high data-centric and PC-centric revenues, while the company on Thursday forecast current-quarter revenue...
