Qualcomm forecast weaker fourth-quarter earnings and warned that revenue from Apple products will decline faster than previously expected, underscoring near-term pressure on its smartphone business. However, the chipmaker said expanding AI data center, automo…
The company also forecast sales and cloud growth that beat expectations for its current fiscal first quarter, after it also topped Wall Street estimates for quarterly cloud revenue growth in its fiscal fourth quarter ended June 30.
Is this the right time to pounce on the IVV ETF? The post Is this the right time to invest in the iShares S&P 500 ETF (IVV)? appeared first on The Motley Fool Australia.
Meta Platforms' second-quarter results showed a widening gap between its fast-growing advertising business and the cost of building AI infrastructure. Free cash flow fell to US$784 million, while the company lifted the lower end of its 2026 capital expenditur…
Shares in China's Zhongji InnoLight fell in the first few minutes of its Hong Kong debut Thursday, after raising at least US$6.8 billion in the city's biggest IPO since 2019. The firm, which makes high-end optical components for AI data centres, dropped more …
