Siemens beats estimates as demand for electrification, software soars
15 November 2023, Bavaria, Munich: Flags with the word "Siemens" in front of the company's headquarters. Siemens publishes figures for…
The stock market went berserk
iStock; Rebecca Zisser/BIThe stock market was in shambles Friday, with all three major indexes declining sharply.Investors digested a series of…
Tech giants faced major market cap drop in July on earnings worries
Global mega tech companies' market capitalisation dropped sharply in July, in response to disappointing quarterly results and concerns over high…
Earnings Derail Stock Rally Over Doubts on AI, Consumer Strength
(Bloomberg) -- The latest earnings reports are fanning two worries that were already gnawing away at the US stock market:…
Tech Falls in Late Hours as Earnings Underwhelm: Markets Wrap
(Bloomberg) -- The start of the “Magnificent Seven” earnings season failed to impress investors after a powerful rally that drove…
