Alphabet Inc’s Google has introduced changes to streamline its employee performance reviews and promotions. This move will eventually result in increased salaries as the firm aims to ease tension between workers and leadership on the
DoorDash Inc. reported that its total orders for the first quarter topped 404.00 million for the first time, leading to a beat on revenue. The delivery-platform company surpassed the market estimate of 396.70 million orders.
Shares of eBay Inc. declined on Wednesday’s extended trading after providing weak second-quarter revenue guidance, citing the fading pandemic-driven sales. The e-commerce platform plummeted 6.47% or 3.52 points to $50.90 per share. This downturn came
Advanced Micro Devices (AMD) Inc delivered 71.00% annual sales growth in the first quarter, shrugging off concerns about PC slowdown. The chipmaker posted revenue of $5.89 billion, well above the average market expectation of $5.52
Alphabet Inc’s Google announced on Monday that it would provide over $100,000 worth of online courses for free to any US business. The search giant explained that the training focuses on data analytics and the
Netflix Inc. announced on Sunday that it had decided to drop the production of Pearl, an animated series created by Meghan Markle, Duchess of Sussex. This move marked the latest cost-saving efforts after the streaming
Intel Corporation issued a lower-than-expected forecast for its fiscal second quarter, citing further chip shortages due to the widening COVID-19 curbs in China. The chipmaker projects a current-quarter adjusted profit of $0.70 per share, below
Qualcomm Inc.’s strategy to diversify into the growing non-handset business paid off with upbeat second-quarter earnings. The semiconductor company delivered earnings of $3.21 per share, surpassing the $2.91 expected. This figure also represented an increase
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