Tech selloff drags Europe stocks lower as SAP’s results disappoint
PE’S benchmark share index gave up early gains to close lower on Thursday, weighed by a selloff in technology stocks as results from Germany’s SAP and US-based Microsoft…
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Chinese LNG demand looks set to disappoint for yet another year
Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high global prices look set to reduce purchases. Imports…
IBM’s software sales disappoint, eclipsing AI mainframe revival
IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday (Jul 23), but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand…
The new ‘Hunger Games’ movie is holding an open casting call—and TikTok’s wacky auditions do not disappoint
If you’ve ever fancied your chances in The Hunger Games, now you have the opportunity to volunteer as tribute. Lionsgate Films just announced an open audition call for a minor role in the…
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors. Shares of the company fell as much as 5 per cent…
Google shares plummet after earnings disappoint
Just a few minutes after trading opened in New York, shares in Google-parent Alphabet were down 7.16% Shares in Google dropped by more than seven per cent on Wall Street on Wednesday (Feb…
Samsung results disappoint as AI chip gap with rivals persists
SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal chip division. The world’s biggest maker of…