Starbucks’ quarterly growth slips on competition, waning customer enthusiasm
Starbucks Corp on Thursday reported quarterly same-store sales rose 1 percent globally and in its U.S. cafes, while growth …read more Source: Reuters Tech News
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Amazon second-quarter revenue jumps 39 percent
Amazon.com Inc reported a 39 percent jump in second-quarter revenue on Thursday, driven by a surge in online shopping …read more Source: Reuters Tech News
Intel profit beats on higher demand for data center chips
Intel Corp topped Wall Street estimates for quarterly profit and revenue on Thursday, as a booming cloud computing market …read more Source: Reuters Tech News
Game publisher EA’s first quarter revenue beats estimates
Electronic Arts Inc beat analyst estimates for quarterly revenue on Thursday, as more gamers thronged to its popular game franchises …read more Source: Reuters Tech News
Facebook plunge puts Amazon investors on guard
A plunge in Facebook Inc shares rattled the Amazon.com Inc options market on Thursday, with the social network’s fellow FAANG …read more Source: Reuters Tech News
Hedge funds hit by Qualcomm-NXP deal collapse
Hedge funds betting Qualcomm would succeed in a $44 billion bid for NXP Semiconductors face steep losses after …read more Source: Reuters Tech News
Stock market newbie Spotify hits targets, plays down challenges
Market leading music streamer Spotify added 10 percent more paid subscribers in the second quarter and said it was on …read more Source: Reuters Tech News
Zuckerberg loses $16 billion in record Facebook fall
Facebook Inc Chief Executive Officer Mark Zuckerberg’s fortune took an almost $16 billion hit on Thursday, as the social media …read more Source: Reuters Tech News
U.S. Treasury chief: ‘Disappointed’ Qualcomm deal not ok’d: CNBC
U.S. Treasury Secretary Steven Mnuchin on Thursday said he was very disappointed over Qualcomm Inc’s failed bid to buy …read more Source: Reuters Tech News
Facebook buys Israeli messaging company Redkix
Israel’s Redkix, whose product combines email and team messaging, said on Thursday it has agreed to be acquired by Facebook, …read more Source: Reuters Tech News