Tag Archives: Disappoint

It’s Government Shutdown Anxiety Season—again. The end of the federal fiscal year is September 30, which means Congress must pass and the President must sign appropriations legislation by that date to fund government operations in the next fiscal year, or else suffer a government shutdown.   Under the current rules, with Senate Republicans seven votes short of a filibuster-proof supermajority, bipartisan …

Marvell Technology Group Ltd. headquarters in Santa Clara, California, US, on Friday, Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker’s data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here’s how the company did in comparison with …

A trip down memory lane seems to be the only real reason for veteran PlayStation users to return to Resident Evil 2 and Resident Evil 3: Nemesis on PS1 today, as the two classics have landed on PS Plus Premium and the PS Store without any Trophy support. The two games are available now as part of a subscription to …

All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo. The annual event previously has served as an opportunity for policymakers to tease forthcoming rate moves. Last year, Powell signaled a pivot to cuts, saying “the time has come …

Investing.com — C3.ai shares plunged more than 31% premarket Monday after the software maker posted preliminary fiscal first-quarter results that DA Davidson called “catastrophic,” prompting the firm to cut its rating to Underperform from Neutral and slash its price target to $13 from $25. Late Friday, C3.ai (NYSE:AI) reported preliminary revenue of $70.3 million at the midpoint, roughly $34 million, …

Aug 6 – Super Micro Computer (NASDAQ:SMCI) stock took a sharp 16% dive on early Wednesday after the company posted weaker-than-expected fiscal Q4 results and issued cautious guidance for the current quarter. For Q4, SMCI reported adjusted earnings of $0.41 per share on revenue of $5.76 billion, both below analysts’ expectations of $0.44 EPS and $5.89 billion in revenue. Although …

AMD data center results disappoint, shares slump  Reuters AMD reports weaker-than-expected earnings even as revenue tops estimates  CNBC AMD posts mixed Q2 results but offers better-than-expected Q3 outlook on AI sales  Yahoo Finance Advanced Micro Devices Logs Higher Profit, Sales  The Wall Street Journal AMD Earnings Were Solid. The Stock Is Falling.  Barron’s Source link

Super Micro Computer Tempers Sales Outlook as Results Disappoint  The Wall Street Journal Super Micro shares plunge 15% on weak results, disappointing guidance  CNBC Are Wall Street Analysts Predicting Super Micro Computer Stock Will Climb or Sink?  Yahoo Finance Super Micro Reports Lackluster Sales on Delayed Server Demand  Bloomberg.com Super Micro backs away from a lofty goal, and its stock is sinking  MarketWatch Source link

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares dipped after Warren Buffett’s conglomerate reported a small decline in operating earnings, while continuing a stock-selling spree and a buyback halt. The Omaha-based giant saw operating earnings including those from its insurance and railroad businesses decline dip 4% year over …

NEW YORK (AP) — A Justice Department request to unseal grand jury transcripts in the prosecution of chronic sexual abuser Jeffrey Epstein and his former girlfriend is unlikely to produce much, if anything, to satisfy the public’s appetite for new revelations about the financier’s crimes, former federal prosecutors say. READ MORE: Justice Department asks federal court to unseal Epstein grand jury transcripts Attorney Sarah …