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Texas Instruments (TXN) erases its post-earnings gains and drops 2.3% after the earnings call. CFO Rafael Lizardi says that typical cyclical downturns have... [Read More]
SoftBank ([[SFTBF]],[[SFTBY]]) is in talks to acquire a 5% stake in German payments company Wirecard ([[WCAGY]],[[WRCDF]]), according to Bloomberg sources. [Read More]
Teradyne (TER) +5.4% after Q1 beats with a 1% revenue growth. In-line Q2 guidance has revenue from $520M to $550M (consensus: $538.31M) and EPS from $0.56... [Read More]
Google ([[GOOG]],[[GOOGL]]) completes its 10,000 km subsea cable linking California and Chile, where the tech giant has a data center in Santiago. Last yea... [Read More]
Zoom Video Communications (ZM) shares closed today up 5% to $69 and a $17.7B market cap. The market cap makes Zoom the most valuable tech... [Read More]
Mercury Systems (MRCY) receives a $9M follow-on order for a defense prime contractor for precision-engineered radio frequency subsystems integrated into an... [Read More]
Semi bellwether Texas Instruments (TXN) +3.9% on Q1 EPS and revenue beats with sales down 5% Y/Y. The Q1 revenue guidance of $3.46B to $3.74B misses the... [Read More]
Yahoo Finance sources say Amazon ([[AMZN]] +2.1%) told thousands of employees at fulfillment centers in California, Illinois, Texas, and New Jersey that th... [Read More]
Ford (F), Automatic, and Amazon Web Services (AMZN) collab on an Autonomic Transportation Mobility Cloud to build connected vehicles at scale. AWS will pow... [Read More]
Gaming laptop makers Dell ([[DELL]] +2.5%), HP ([[HPQ]] +1%), and Microsoft ([[MSFT]] +1%) gain while competitor AMD ([[AMD]] -1.1%) loses after Nvidia ([[... [Read More]
SoftBank ([[SFTBF]],[[SFTBY]]) founder Masayoshi Son reportedly lost over $130M of his personal fortune on a poorly-timed bitcoin bet. WSJ sources say Son... [Read More]
Xerox (XRX) appoints Naresh Shanker as Chief Technology Officer, effective May 6. Shanker previously served as CIO at HP and in leadership roles at Palm an... [Read More]
Superconductor Technologies (SCON) gains 16.8% to $1.74 after announcing the Institute for Plasma Research, India has selected STI's Conductus wire to use... [Read More]
The 25-day wait period has expired for Lyft ([[LYFT]] -1.6%)underwriters to issue investment opinions on the stock and that drove a flurry of new Buy-equiv... [Read More]
Needham lifts Cadence Design Systems ([[CDNS]] +4.2%) from $64 to $71 and maintains a Buy rating citing the beat-and-raise and results that beat on all... [Read More]
Yesterday, Tesla's Elon Musk boasted his company has "the best chip in the world" for self-driving as it dropped Nvidia ([[NVDA]] +1.3%) as a supplier.... [Read More]
ANSYS (ANSS) and LG Electronics sign a new, multi-year agreement providing LG with ANSYS' multiphysics simulation solutions. LG receives enterprise-wide li... [Read More]
Synaptics (SYNA) SVP and GM of IoT Huibert Verhoeven resigns, effective April 22. Current SVP of Corporate Marketing and Investor Relations Saleel Awsare w... [Read More]
Wells Fargo cuts Medidata Solutions (MDSO) from Outperform to Market Perform after media reports suggested Dassault Systemes could purchase the company. We... [Read More]
Guggenheim upgrades Trivago (TRVG) from Neutral to Buy with a $5.50 price target. The firm sees potential upside from the increased profitability focus. Tr... [Read More]
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