July 26, 2019

SoftBank Group announces new $108 billion Vision Fund, broadens investor base

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about […]
July 25, 2019

Intel eases chip demand concerns with raised forecast, shares gain

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and […]
July 25, 2019

Alphabet second-quarter revenue beats estimates; shares soar

Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facing Google, YouTube and the company’s other […]
July 25, 2019

Equities fall, bond yields rise on Draghi remarks, mixed earnings

U.S. stocks backed off record highs and government bond yields ticked up on Thursday following mixed earnings reports and rosier-than-expected economic sentiment from the European Central […]
July 25, 2019

Apple pays $1 billion for Intel unit in push for chip independence

Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at […]
July 25, 2019

U.S. attorney general, eight state AGs meet over big tech ‘stifling competition’: statement

Eight state attorneys general met on Thursday with U.S. Attorney General William Barr to discuss concerns about big tech companies, according to a statement from the […]
July 25, 2019

Amazon’s push for faster delivery dents profits, costs up 21%

Amazon.com Inc on Thursday reported a profit below Wall Street’s expectations and said income would slump slightly in the current quarter, as the online retailer ramps […]
July 25, 2019

T-Mobile beats estimates for phone subscribers

T-Mobile US Inc on Thursday beat analysts’ estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier’s competitive […]
July 25, 2019

T-Mobile reschedules analyst call without giving reason

T-Mobile US Inc has rescheduled a call with analysts that was to be held on Thursday following its earnings release, the company said on its website. […]
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