Category: Latest News

GitLab (NASDAQ:GTLB) slipped in premarket trading Thursday following the company’s release of conservative guidance and the announcement that CFO Brian Robins will step down on September 19. James Shen, the company’s Vice President of Finance, is expected to take over as interim CFO. Shares of GitLab were down around 8% in early trading. For the…

Salesforce (NYSE:CRM) reported strong second-quarter earnings and revenue on Tuesday, along with full-year guidance that exceeded analysts’ estimates, yet shares fell more than 6% in after-hours trading. The cloud software giant posted Q2 earnings of $2.91 per share, surpassing the average analyst forecast of $2.78. Revenue climbed to $10.2 billion from $8.6 billion in the…

A federal jury on Wednesday ordered Alphabet’s (NASDAQ:GOOGL) Google to pay $425 million in a class action lawsuit that claimed the tech giant collected user data even when users opted out of tracking. A Google spokesperson said the ruling “misunderstands how our products work,” adding that the company plans to appeal. They explained that businesses…

Hewlett Packard Enterprise Co (NYSE:HPE) saw its shares climb more than 2% in premarket trading Thursday after posting a strong fiscal third-quarter performance that surpassed expectations. However, the company’s guidance for the fourth quarter fell slightly below Wall Street estimates at the midpoint. HPE reported adjusted earnings per share of $0.44, beating forecasts by $0.02,…

ExxonMobil (NYSE:XOM) is reportedly weighing the sale of its chemical production facilities in the United Kingdom and Belgium, as the European chemical industry faces mounting challenges from U.S. trade tariffs and competitive pressures from China, according to the Financial Times on Thursday. Sources familiar with the matter told the publication that the U.S. energy company…

Tesla Inc (NASDAQ:TSLA) announced Wednesday evening that its Robotaxi app is now accessible to the general public, suggesting the company may expand its autonomous ride-hailing services beyond limited areas in Austin, Texas. “Robotaxi app now available to all,” Tesla said in a post on X. Users can download the app to join a waitlist, with…

Gold prices slipped in Asian trading on Thursday, pulling back from record highs as investors booked profits and the dollar stabilized ahead of key signals on U.S. interest rates and employment. The yellow metal climbed past $3,500 an ounce earlier this week, amid widespread expectations that the Federal Reserve could cut rates later in September.…

Oil prices slipped in early Asian trading Thursday, following losses from the previous session, amid reports that OPEC+ may consider another production increase at its upcoming meeting. The market was also pressured by industry data pointing to a weekly rise in U.S. crude inventories, reinforcing concerns of a post-summer slowdown in American fuel demand. Brent…