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(Reuters) -Shares in three of the “Magnificent Seven” companies with significant investments in artificial intelligence were mixed in after-hours trade on Wednesday after the mega caps released third…
Read more Mixed share reaction to megacap earnings burst, Meta droopsBy Arsheeya Bajwa (Reuters) – Palantir Technologies forecast a full-year profit above Wall Street estimates on Tuesday, as the data analytics company benefits from strong demand for its…
Read more Palantir forecasts strong 2024 profit on robust AI demandBy Stephen Nellis and Max A. Cherney (Reuters) – Qualcomm on Wednesday forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market expectations,…
Read more Qualcomm profit forecast beats estimates amid AI push, stock slips(Reuters) – U.S. genetic testing Illumina on Thursday trimmed its annual profit forecast for the second straight quarter, hurt by weakness in demand for its sequencing instruments, consumables…
Read more Illumina cuts annual profit forecast for second straight quarter
