(Reuters) – U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast…
Day: August 1, 2024
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares fell sharply after…
Coinbase’s second-quarter revenue surges on crypto trading revival
(Reuters) -Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to…
Snap forecasts weak revenue as big rivals threaten growth, shares slide
By Akash Sriram (Reuters) -Snap forecast current-quarter results below expectations on Thursday as the Snapchat owner grapples with stiff competition…