(Reuters) – Facebook Inc (FB.O) beat analyst estimates for quarterly revenue on Thursday as companies used their digital advertising tools to take advantage of a surge in online traffic during the coronavirus pandemic, even as they cut marketing budgets elsewhere. FILE PHOTO: A 3D printed Facebook logo seen on a …
Read More »AMD raises forecasts for the full year as chip rival Intel stumbles
FILE PHOTO: Lisa Su, AMD President and CEO, delivers keynote speech at CES 2019 in Las Vegas, Nevada, USA, January 9, 2019. REUTERS / Steve Marcus (Reuters) – Advanced Micro Devices Inc (AMD.O) Boosted its full-year revenue forecast on Tuesday, fueled in part by an overall surge in demand for …
Read More »UNITED STATES STOCKS: Wall St Stumbles As 3M Stimulus Talks Emerge, McDonald’s Disappoints
(For a live blog on the US stock market, click or type LIVE / in a news window) * Pfizer rose after raising the forecast for the full year * McDonald’s falls when global sales at the same store disappoint * 3M falls as quarterly earnings fail estimates * Downward …
Read More »US arms maker Remington files for bankruptcy again
FILE PHOTO: Gun enthusiasts inspect Remington shotguns during the National Rifle Association (NRA) annual convention in Dallas, Texas, USA, May 5, 2018. REUTERS / Lucas Jackson (Reuters) – Remington Arms Co filed for Chapter 11 bankruptcy protection on Monday for the second time in two years as the U.S. arms …
Read More »Intel fires its chief engineer, shakes off tech group after delays
The logo of US chipmaker Intel Corp is seen in its “smart building” in Petah Tikva, near Tel Aviv, Israel, December 15, 2019. REUTERS / Amir Cohen (Reuters) – Intel Corp’s (INTC.O) Engineering chief Murthy Renduchintala is leaving, part of a move in which a key technology unit will be …
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