Tag: Earnings

An executive stands on stage in front of a large illuminated Intel logo.
Market Mover

Intel Revenue Forecast Miss Triggers 20% Share Plunge

Intel shares dropped more than 20% after issuing a disappointing fourth-quarter sales outlook driven by a steep slump in PC…

7 Min Read
ServiceNow CEO Bill McDermott wears sunglasses and a turtleneck jacket at a crowded conference.
Market Mover

ServiceNow stock plunges 25% after bookings forecast misses

ServiceNow recorded its sharpest single-day market decline since going public in 2012 after projecting slower quarterly bookings growth.

8 Min Read
Alphabet shares slump after AI spending drives $9bn cash drain
Market Mover

Alphabet shares slump after AI spending drives $9bn cash drain

Alphabet shares dropped by as much as 13 percent on Thursday after heavy data centre spending led to a $9.07…

8 Min Read