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Microsoft forecasts slower cloud business growth in second quarter

By Deborah Mary Sophia, Aditya Soni and Anna Tong (Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its...

22 mins ago

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Cognizant beats quarterly profit estimates on gradual recovery in IT services demand

(Reuters) – Cognizant Technology Solutions (NASDAQ:CTSH) beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn...

22 mins ago

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Equinix forecasts quarterly revenue above estimates on steady demand

(Reuters) – Equinix (NASDAQ:EQIX) forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the...

22 mins ago

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Coinbase posts third-quarter profit on trading strength

By Pritam Biswas (Reuters) – Coinbase (NASDAQ:COIN) Global posted a third-quarter profit on Wednesday, helped by strong trading volumes at the exchange as cryptocurrency...

22 mins ago

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Roku forecasts fourth-quarter core profit below estimates; shares drop

(Reuters) -Roku on Wednesday forecast fourth-quarter core profit below Wall Street expectations due to high operational costs and said it would stop reporting streaming...

22 mins ago

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EBay forecasts revenue below estimates on weak demand, shares fall

(Reuters) -Ecommerce firm eBay (NASDAQ:EBAY) forecast fourth-quarter revenue below Wall Street estimates on Wednesday as cautious consumers shun collector’s items and refurbished goods, sending...

22 mins ago
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