Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
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(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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Microsoft Corp.’s permanent closure of its retail stores during the global coronavirus pandemic is not surprising given the insignificant amount of revenue the stores contributed to the company, but it may be a sign that the Surface hardware business may be finally chopped. to block. Microsoft MSFT, -2.00% announced on …
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(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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While under scrutiny from European regulators for its practices on the App Store and Apple Pay, Apple Inc. made a slight change on Monday that could be a sign that it is poised to relax some of its long-standing strict rules. At its global virtual developer conference on Monday, Apple …
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