tech stocks Tech Stocks Plummet as China Retaliates in Ongoing Trade War U.S. tech stocks lose a combined $162 billion in market value as China halts agricultural imports and weakens the yuan. Investors fear upcoming tariffs will severely impact hardware sales for major tech companies.
samsung Samsung Forecasts Steep 56% Profit Drop Amid Chip Slump Samsung warns that its quarterly profit is set to fall by more than half due to falling memory chip prices and weakening smartphone demand.
tech stocks Major Tech Giants Defy Regulatory Fears With Strong Revenue Growth Despite ongoing discussions about a tech-lash, top technology companies report impressive revenue growth that far outpaces the overall U.S. economy. Investors continue to reward these strong core businesses with significant stock market gains.
amazon Amazon Reports Strong Quarterly Earnings After Record Prime Day Amazon reveals impressive second-quarter financial results that easily surpass Wall Street expectations. The massive sales event helps drive significant revenue growth for the tech giant.
alphabet Alphabet Surpasses Q2 Expectations as Cloud and Ad Revenue Soar Alphabet beats analyst estimates for both revenue and earnings per share in the second quarter, driven by strong advertising sales and a rapidly growing cloud business.
slack Slack Bypasses Traditional IPO With $15.6 Billion Direct Listing Slack lists its shares on the New York Stock Exchange through a direct offering rather than a traditional IPO, achieving a $15.6 billion valuation.
slack Workplace Chat Giant Slack Surges 48% in Historic Direct Listing Debut Slack bypasses traditional IPO methods to launch directly on the NYSE, seeing its stock jump nearly 50 percent and pushing its market cap past $20 billion.
uber Uber Stock Surpasses IPO Price Following Positive Analyst Reports Uber finally trades above its initial public offering price after a wave of positive analyst ratings ends the post-IPO quiet period. The ride-hailing giant reaches this milestone while reporting a $1 billion quarterly loss but record daily trip numbers.
huawei Foxconn Halts Huawei Phone Production Amid Ongoing US Trade Blacklist Huawei slashes smartphone orders, prompting Foxconn to stop several production lines as the US blacklist severely disrupts the Chinese tech giant's supply chain.
huawei Tech Stocks Plunge as U.S. Huawei Ban Rattles Investors A U.S. ban on technology sales to Huawei causes significant losses for tech and chipmaker stocks as investors fear a worsening trade war. While some sectors like utilities find safety, the overall market faces ongoing anxiety.
uber Uber Stock Stumbles Below IPO Price in Disappointing Wall Street Debut Uber makes its highly anticipated public trading debut on the New York Stock Exchange but immediately falls below its initial public offering price.
uber Uber IPO Records Worst Dollar Loss for U.S. Debut Since 1975 Uber makes unfavorable history as its first day of public trading sees a 7.6% drop, resulting in over $600 million in paper losses for IPO investors.
lyft Lyft Posts Massive $1.14 Billion Loss in First Public Earnings Report Ride-hailing giant Lyft reveals a $1.14 billion first-quarter loss driven largely by IPO-related stock compensation, despite beating revenue expectations. The company projects continued heavy losses as it prioritizes long-term growth over near-term profitability.
uber Uber Targets $84 Billion Valuation in Landmark IPO as PayPal Invests $500 Million Uber sets its IPO price between $44 and $50 per share to raise up to $9 billion, while revealing a surprise $500 million private investment from PayPal. The ride-hailing giant also warns investors of a projected $1 billion first-quarter loss.
facebook Facebook Reports Strong Q1 Growth Despite Record $3 Billion FTC Fine Accrual Facebook grows its user base to 2.38 billion monthly active users and beats revenue expectations, even as it sets aside $3 billion for a potential FTC privacy fine.