AMD, Levi Strauss, DraftKings and more
Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said…
CVS, Credit Suisse, AMD, Lyft and more
Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 15.7%…
Joby Aviation can’t hit production targets on time: short report
A Joby Aviation Air Taxi is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. Andrew Kelly…
SoftBank plans at least 30% staff cuts to Vision Fund, source confirms
Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. Alessandro Di Ciommo | Nurphoto | Getty Images…
Tech stocks notch worst two-week stretch since the start of pandemic
Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors.…
SoftBank CEO Son seeking ‘strategic alliance’ between Arm and Samsung
Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. Alessandro Di Ciommo | Nurphoto | Getty Images…
Google co-founder’s flying car startup is winding down
Larry Page Justin Sullivan | Getty Images Google co-founder Larry Page’s flying car startup Kittyhawk is winding down, the company announced Wednesday. “We’re still working on the details of what’s…
Salesforce will keep working on security after Uber hack
Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce…
FedEx, International Paper, Uber and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around…
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx –…