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Tuesday, June 24th, 2025

    Technology

  • Intel CFO says we’re ‘on the bottom’ after company misses earnings and stock sinks

    Technology | Jul 28, 2022

    Intel CFO says we’re ‘on the bottom’ after company misses earnings and stock sinks

    Consumers and schools aren’t buying as many PCs as they were, leading Intel to swing to a net loss. But price bumps later this year should lift margins.

  • Amazon jumps on revenue beat and rosy guidance for third quarter

    Technology | Jul 28, 2022

    Amazon jumps on revenue beat and rosy guidance for third quarter

    Amazon on Thursday reported second-quarter results that beat on the top line and issued rosy sales guidance for the third quarter.

  • Shopify’s pandemic boom is finally over — here’s how the e-commerce company is reinventing itself

    Technology | Jul 28, 2022

    Shopify’s pandemic boom is finally over — here’s how the e-commerce company is reinventing itself

    After over two years of Covid and a pandemic-prompted stock surge, e-commerce giant Shopify is tightening its belt with layoffs and a reduction in spending.

  • Apple beats on revenue and profit, expects growth to accelerate despite ‘pockets of softness’

    Technology | Jul 28, 2022

    Apple beats on revenue and profit, expects growth to accelerate despite ‘pockets of softness’

    Apple reported earnings on Thursday for its fiscal third quarter ending in June.

  • Roku shares crater after company misses on earnings and warns of ‘recessionary fears’

    Technology | Jul 28, 2022

    Roku shares crater after company misses on earnings and warns of ‘recessionary fears’

    Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its second quarter.

  • Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates

    Technology | Jul 28, 2022

    Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates

    Amazon continues to count on AWS as a major source of profit given the unit’s high margins.

  • Amazon records $3.9 billion loss on Rivian investment, bringing markdown for the year to $11.5 billion

    Technology | Jul 28, 2022

    Amazon records $3.9 billion loss on Rivian investment, bringing markdown for the year to $11.5 billion

    Rivian shares plunged 49% in the second quarter after dropping 52% in the first three months of the year, pulling Amazon’s stake down by $3.9 billion.

  • Meta shares slump after disappointing earnings reveal host of headwinds

    Technology | Jul 28, 2022

    Meta shares slump after disappointing earnings reveal host of headwinds

    Shares of Meta fell 5% on Thursday, a day after the company released second-quarter earnings that missed on the top and bottom lines. 

  • Instagram rolling back changes after Kardashians slammed the app for being like TikTok

    Technology | Jul 28, 2022

    Instagram rolling back changes after Kardashians slammed the app for being like TikTok

    Instagram is ending a test version of the app that prominently featured algorithmically recommended videos.

  • Google’s new Pixel Buds Pro perform well, but they don’t measure up to Apple’s AirPods Pro

    Technology | Jul 28, 2022

    Google’s new Pixel Buds Pro perform well, but they don’t measure up to Apple’s AirPods Pro

    The Google Pixel Buds Pro headphones go on sale Thursday. CNBC’s Sofia Pitt reviews them against Apple’s AirPods Pro.

  • Air conditioning is a climate disaster and Bill Gates is investing in this startup to fix it

    Technology | Jul 28, 2022

    Air conditioning is a climate disaster and Bill Gates is investing in this startup to fix it

    Blue Frontier’s solution uses a salt solution as a liquid desiccant to do both the cooling and dehumidification work done by refrigerants today.

  • Comcast shares slide after the cable giant fails to add broadband subscribers for first time ever

    Technology | Jul 28, 2022

    Comcast shares slide after the cable giant fails to add broadband subscribers for first time ever

    Comcast beat revenue and profit estimates but failed to deliver broadband subscriber growth. Peacock subscriber numbers were also flat.

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