Roku plunges 23% after missing earnings
Shares of Roku sank more than 23% on Friday.
CNBC Technology
Amazon shares rally after strong second quarter and guidance
Amazon reported upbeat results in an otherwise gloomy earnings season for most of the technology sector.
Intel stock slumps 8% after poor earnings show softening demand for PCs
Intel stocks fell 8% Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines.
Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates
Amazon continues to count on Amazon Web Services as a major source of profit given the unit's high margins.
The death of easy money: Why 20% annual returns are over in crypto lending
The washout of easy money is being welcomed by some of the world's top blockchain developers.
Uber unveils new features, including one that lets drivers choose the trips they want
Uber announced a series of new features Friday aimed at enhancing drivers' experiences on the ridesharing app.
Amazon, Apple, Google and Tesla have all done it. Here's why companies split their stock
A stock split is not uncommon for big names like Amazon, Apple and Tesla. CNBC's Emily Lorsch explains what happens when a company splits its stock.
Hacktivist group Anonymous is using six top techniques to 'embarrass' Russia
Anonymous has been waging a "cyber war" on Russia for invading Ukraine. CNBC takes a look at how effective the collective's six main strategies have been.
Apple's iPhones held up surprisingly well in China even as the country faced Covid lockdowns
Apple held up relatively well in the June quarter in China despite a 10% slump in the smartphone market as the iPhone 13 continued to attract users.
Amazon says consumer spending remains strong, bucking broader retail gloom
The optimistic commentary is a stark difference from warnings issued earlier in the week by Walmart and Best Buy.
Apple's services slowdown is potential concern for investors focused on profit margins
If Apple's services business continues to show slower growth, investors may reconsider the company's valuation.
Instagram rolling back changes after Kardashians slammed the app for being like TikTok
Instagram is ending a test version of the app that prominently featured algorithmically recommended videos.
Amazon jumps on revenue beat and rosy guidance for third quarter
Amazon on Thursday reported second-quarter results that beat on the top line and issued rosy sales guidance for the third quarter.
Intel CFO says we're 'on the bottom' after company misses earnings and stock sinks
Consumers and schools aren't buying as many PCs as they were, driving a net loss for Intel. But price bumps in the fourth quarter should bolster margins.
Apple beats on revenue and profit, expects growth to accelerate despite 'pockets of softness'
Apple reported earnings on Thursday for its fiscal third quarter ending in June.
Roku shares crater after company misses on earnings and warns of 'recessionary fears'
Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its second quarter.
Amazon records $3.9 billion loss on Rivian investment, bringing markdown for the year to $11.5 billion
Rivian shares plunged 49% in the second quarter after dropping 52% in the first three months of the year, pulling Amazon's stake down by $3.9 billion.
Shopify's pandemic boom is finally over — here's how the e-commerce company is reinventing itself
After over two years of Covid and a pandemic-prompted stock surge, e-commerce giant Shopify is tightening its belt with layoffs and a reduction in spending.
Meta shares slump after disappointing earnings reveal host of headwinds
Shares of Meta fell 5% on Thursday, a day after the company released second-quarter earnings that missed on the top and bottom lines.
Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales
Meta's second-quarter earnings report comes after a 50% plunge in the company's stock price this year.
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