Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024.Stefan Wermuth | Bloomberg | Getty ImagesCisco reported earnings and revenue for the fiscal third quarter that topped Wall Street's estimates, even with sales dropping from...
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesSuper Micro shares slipped as much as 15% in extended...
Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023.David Paul Morris | Bloomberg | Getty ImagesAmazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than...
Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ImagesMicrosoft will report financial results for its fiscal third quarter after the market close on Thursday.Here is what analysts are looking for, according to LSEG:Earnings per share: $2.82 expectedRevenue: $60.80...
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares slipped as much as 6% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp...
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024. Brendan Mcdermid | ReutersAdobe shares tumbled as much as 11% in extended trading on Thursday after the design software maker issued strong...
Marc Benioff, co-founder and CEO of Salesforce, speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares slid as much as 6% in extended trading on Wednesday after the business software maker issued a light...
Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company's initial public offering at the Nasdaq MarketSite in New York on April 18, 2019.Victor J. Blue | Bloomberg | Getty ImagesZoom shares rose as much as 13% in extended trading on Monday...
A screen displays the company logo for Toast Inc. during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2021. Brendan Mcdermid | ReutersToast, maker of restaurant management software, said on Thursday it will let go of 550 employees, about 10% of...
Chuck Robbins, Cisco CEO & Chairman, at the WEF in Davos, Switzerland on May 25th, 2022.Adam Galica | CNBCCisco said in a statement on Wednesday that it would lay off 5% of its employees. The networking hardware maker has about around 85,000 employees, a spokesperson told CNBC, implying that the...