Foxconn’s Q2 profit beats estimates as pandemic drives tech demand
A sign of Foxconn is seen at a glass door inside its office building in Taipei, Taiwan November 12, 2020. REUTERS/Ann WangTAIPEI: Taiwan's Foxconn reported a…
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Activision forecasts upbeat quarterly revenue even as gaming slows down
Activision Blizzard Inc forecast current-quarter adjusted revenue above estimates, as it expects demand for its popular franchises "Call of Duty" and "Candy…
Google Parent Alphabet Reaches Record Quarterly Revenue, Profit in Advertising Boom
Google parent Alphabet's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as…
Microsoft Sees Steady Cloud Services Growth After Record Quarterly Profit
Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a…
LG Display Rides Pandemic-Led Demand for TVs, Laptops to Beat Q2 Profit Estimates
South Korea's LG Display on Wednesday posted a better-than-expected second-quarter profit as pandemic-led demand for TVs and laptops drove up panel prices,…
Nokia lifts full-year outlook as turnaround takes root
Nokia on Thursday raised its full-year outlook after reporting a stronger-than-expected second-quarter operating profit, as the telecom equipment maker…
STMicro raises outlook as high chip demand drives plants at full steam
Franco-Italian chipmaker STMicroelectronics raised full-year sales and investment outlook on Thursday as surging demand from car and phone makers boosted…
Spotify Now Has 165 Million Paid Subscribers, Sees a Rise of 20 Percent in Q2 2021
Spotify beat Wall Street estimates for second-quarter revenue on Wednesday, as the music streaming company reported a 20-percent jump in paid subscribers for…
Microsoft Sees Steady Cloud Growth After Record Quarterly Profit
Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a…
Spotify Now Has 165 Million Paid Subscribers
Spotify beat Wall Street estimates for second-quarter revenue on Wednesday, as the music streaming company reported a 20-percent jump in paid subscribers for…