Category: Technology

Snap stock closes down 34% after company’s revenue miss and weak guidance

Shares of Snap closed down more than 34% on Wednesday, a day after the social…

PayPal issues disappointing guidance even as fourth-quarter earnings top estimates

A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30,…

Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales

Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip…

Roblox shares rise 10% after company beats estimates and issues strong guidance

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its…

Uber beats estimates as revenue and bookings see double-digit growth

Uber CEO Dara Khosrowshahi looks on during the APEC CEO Summit at Moscone West on…

Green Plains stock jumps after company announces strategic review, standstill with Ancora

Ethanol plant in Milton, Wisconsin.Getty ImagesEthanol producer and agri-tech company Green Plains said Wednesday that…

Wheely, Uber’s luxury competitor, launches in Dubai to take on the UAE’s dominant player

Luxury ride-hailer Wheely's big bet on Dubai is that the region's burgeoning demand from wealthy…

Google says Singapore has ‘very high’ potential to be a global AI hub

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google…

Meta is trouncing Snap in Digital ads — here’s why

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual…

Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates ‘headwind’

Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to…