Adobe Shares Plunge 14% on Weak Revenue Guidance
Adobe experienced its steepest stock drop in over two years, falling 14% on Thursday following disappointing revenue guidance for the fiscal first quarter of 2024. The...
Etiket: Earnings Report
Broadcom Shares Surge 13% on AI-Driven Profit Growth
Broadcom’s stock climbed 13% in extended trading after the company reported better-than-expected fourth-quarter earnings and highlighted a surge in artificial intelligence (AI) revenue, which more than...
Jim Cramer Says AI-Driven PC Upgrade Cycle Is “On Hold” Despite Industry Expectations
INTRODUCTION CNBC’s Jim Cramer shared his thoughts on the state of the PC market, noting that the much-anticipated AI-driven PC upgrade cycle has yet to materialize....