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...
Matthew Prince, co-founder and chief executive officer of Cloudflare Inc., during the Fortune Brainstorm AI conference in San Francisco, California, US, on Monday, Dec. 11, 2023. The conference gathers leaders in machine learning and artificial intelligence to assess the industry and examine new business cases for AI. Photographer: David...
Microsoft CEO Satya Nadella, left, departs from federal court in Washington, D.C., on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ImagesMicrosoft will report fiscal second-quarter earnings after the market close on Tuesday.Here's what analysts polled by LSEG, formerly known as Refinitiv, are expecting:Earnings: $2.78 per share, adjustedRevenue: $61.12...
IBM CEO Arvind Krishna speaks during the Business 20 (B-20) Summit in New Delhi on Aug. 25, 2023.Prakash Singh | Bloomberg | Getty ImagesIBM shares rose as much as 8% in extended trading Wednesday after the tech and services provider announced fourth-quarter results that exceeded Wall Street's expectations.Here's how...
Adobe CEO Shantanu Narayen.Linda Dimyan | CNBCAdobe shares dropped more than 6% in extended trading Wednesday after the software maker posted a lighter-than-expected forecast for 2024.Here's how the company did, compared to consensus estimates from LSEG, formerly known as Refinitiv:Earnings per share: $4.27, adjusted vs. $4.14 expectedRevenue: $5.05 billion...
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.David Paul Morris | Bloomberg | Getty ImagesOracle shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue and quarterly revenue...
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021.Source: NasdaqGitLab stock jumped as much as 18% in extended trading on Monday after the developer-tools software maker announced fiscal third-quarter results and quarterly guidance that impressed Wall Street.Here's how the company did, compared with consensus of estimates among...
Nvidia Co-Founder and CEO Jensen Huang arrives at a Senate bipartisan Artificial Intelligence Insight Forum in Washington on Sept. 13, 2023.Sarah Silbiger | Bloomberg | Getty ImagesAnalysts are looking for Nvidia to deliver on the optimistic forecast it issued in August to grow revenue by nearly 173% year over...