Second quarter results of chip maker Nvidia fell short of Wall Street’s expectations with respect to revenue and earnings per share. The report is consistent with Nvidia’s two weeks ago preliminary earnings. The chipmaker issued a warning that it would… Read More ›
Day: August 27, 2022
Salesforce Lowers Its Full-Year Earnings And Revenue Projections
Salesforce reported earnings and revenue that exceeded analysts’ expectations, but provided a disappointing outlook for fiscal 2023. In extended trading on Wednesday, the stock fell 7per cent . The enterprise software maker announced that its board of directors has approved… Read More ›
NATO Is Looking Into The Sale Of Missile Firm Data By A Hacker
Nato is assessing the impact of a data breach involving classified military documents that was sold online by a hacker group. The information includes blueprints for weapons used by Nato allies in the Ukraine conflict. After stealing data linked to… Read More ›
OPEC Signals Possible Oil Output Cut, Oil Prices Rises
The Saudi Arabian signals that OPEC might reduce output helped oil prices end the day higher on Friday, but trading was choppy as investors processed and ultimately discounted the head of the U.S. Federal Reserve’s warnings about impending economic hardship…. Read More ›