Tech Stocks Market

Chinese Tech Titans are Snapping Up Gaming Studios

Although the U.S. and Japan were dominating the gaming spaces for decades, the latest news shows that China’s influence is growing. Chinese tech giants snap up gaming studios across the world. According to some experts, video games could look a little different in the following years as a result. Experts are wondering whether the Chinese …

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TMN - tesla

Tesla Reported $1.14 Billion in Net Income During Q2

The giant car marker, Tesla, reported second-quarter earnings after the bell Monday. The Q2 earnings turned out better than anticipated, and shares increased by nearly 2% after-hours. Tesla reported earnings of $1.45 cents per share, while analysts expected $98 cents per share. The tech maker reported revenue of $11.96 billion, while according to Refinitiv, $11.30 …

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Twitter's revenue saw the fastest surge since 2014 

Twitter’s Revenue Saw the Fastest Surge Since 2014 

Stocks of Microblogging’ system Twitter increased after the company reported on Thursday second-quarter earnings that came stronger than analysts had expected. Twitter announced earnings of 20 cents per share, while Wall Street estimated 7 cents. The social media giant’s revenue was 1.119 billion versus $1.07 billion, as expected by analysts polled by Refinitiv. Twitter reported Monetizable …

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TMN - Twitter

Twitter Shares Jumped 5% on Q2, Expects Q3 Revenue Increase

On Thursday, July 22, Twitter shares jumped 5.00%. It announced its 2021 second-quarter revenue earnings and should have another increase in the third quarter. The company climbed 0.10%, with a net gain of $0.07. This sent the stocks higher at $69.57 per share. It should open Friday’s session with an increase of 5.56% to $3.93 …

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TMN -Netflix

Why Shares of Netflix Fell by Nearly 5%?

In the previous session, shares of Netflix declined by 4.8%. The slump came after the firm’s second-quarter earnings report. Meanwhile, the stock was down by 4.1%. The second-quarter revenue of Netflix increased by 19% compared to the same period a year ago. The revenue stood at $7.34 billion, slightly above management’s guidance of $7.30 billion …

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Tesla to open Supercharger network to other vehicles

Tesla to Open Supercharger Network to Other Vehicles

According to Elon Musk, Chief Executive Officer of Tesla, the company plans to open its network of superchargers to other electric vehicles this year. As we know, Tesla’s network of D.C. fast-charging stations for its electric vehicles is the Tesla Supercharger network. The billionaire Elon Musk posted on his Twitter and informed his followers that the firm …

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TMN - cybersecurity companies

U.S., NATO and EU Accuse China of A Cyberattack on Microsoft

A new alliance is coming together to confront the global threat posed by cyberattacks sponsored by China. An alliance consists of NATO member states. The United States, with allies, including the European Union, Britain, Canada, Australia, New Zealand and Japan, are blaming China’s Ministry of State Security for a massive cyberattack on Microsoft Exchange email …

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