Tag: Technology Hardware

Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.

Shares of HP were falling after the PC and printer company reported mixed results for the July quarter Wednesday after market close, beating expectations on revenue driven by PC sales while missing forecasts for earnings per share.

Apple chief financial officer Luca Maestri will step down from the role at the beginning of next year, ending a more than decade-long stint as the iPhone-maker’s top finance executive.

Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market.

Xiaomi Corp. reported its fastest pace of revenue growth since 2021, buoyed by the initial success of its first electric vehicles and a global smartphone market bounceback.

‘Second-half orders to be above first-half orders, followed by a more gradual recovery in 2025,’ CEO says

Cisco shares popped in extended trading on Wednesday after the networking company said it’s cutting 7% of its global workforce and reported quarterly results that topped analysts’ estimates.

German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.

Sony on Wednesday reported a 10% rise in operating profit in the April-June quarter, beating analyst estimates, boosted by its image sensors and games businesses.

Super Micro Computer gave a strong sales forecast for fiscal year 2025, but the company’s shares fell on deteriorating profit margins.

Company bullish on iPhone upgrades from AI products even as it confronts China slowdown and fall in smartphone purchases

Apple dropped out of the top five smartphone sellers in China for the first time in four years in the second quarter, with the iPhone losing ground to models from domestic handset makers including Huawei.

Super Micro Computer will replace Walgreens Boots Alliance in the Nasdaq 100 index before the start of trading on Monday, July 22.

More than 6,500 workers at Samsung Electronics have followed up the first ever walkout at the South Korean tech giant with a full-blown strike over pay and conditions.

“Fortnite” maker Epic Games said on Friday Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant’s control of the iOS app ecosystem.

Huawei Technologies is selling the trademark of electric vehicle (EV) brand Aito to its Chinese carmaking partner Seres, as the Shenzhen-based technology giant moves to enhance its role as a systems and know-how supplier for autos instead of a competitor.

Apple’s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than in the U.S. 

European Union regulators on Monday said Apple is in breach of the Digital Markets Act because it does not allow customers of its App Store to be steered to alternatives.

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

Apple has a number of “very serious” issues under the European Union’s sweeping Digital Markets Act, the bloc’s competition chief Margrethe Vestager told CNBC Tuesday.