HP laying off 4,000-6,000 employees globally over the next three years
HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers.
Best Buy shares soar as retailer sticks with its holiday-quarter outlook
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter
"Even with short term macro headwinds, we remain bullish on the long term prospects for PropertyGuru," said Joe Dische, the group's CFO.
Shares of Indonesia’s GoTo fall 6% as nine-month loss swells
GoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, "several months ahead of schedule."
Zoom shares drop on light forecast as company faces ‘heightened deal scrutiny’
Far from its heady days of 300% growth during the pandemic, Zoom's expansion is mired in the single digits and the company faces headwinds as...
Gap beats on third-quarter revenue, but tempers expectations for holiday season
Gap on Thursday beat Wall Street's quarterly revenue expectations, but gave a cautious outlook for the holiday season.
Grab pares losses by 24% in third quarter; deliveries segment breaks even earlier than expected
Grab managed to reduce losses by 24% in the third quarter and broke even in its deliveries segment earlier than expected.
Nvidia revenue falls 17% but data center growth remains strong
Nvidia is closely watched by analysts and investors as a leading indicator for the health of the technology industry.
Cisco shares pop on earnings beat and increased 2023 forecast
Cisco reported fiscal first-quarter results that beat analysts' estimates on top and bottom lines, as the company cited an "easing supply situation."