Super Micro Computer raises annual revenue forecast amid strong demand for its servers
Feb 3 (Reuters) - Super Micro Computer raised its annual revenue forecast on Tuesday, anticipating robust demand for its AI-optimized servers would continue as companies expand their data center capacity. Shares of the San Jose, California-based com...
58m ago
Four charged in Massachusetts in Trump crackdown on food stamp fraud
By Nate Raymond BOSTON, Feb 3 (Reuters) - Federal prosecutors in Massachusetts charged four people on Tuesday with using 115 stolen identities to fraudulently obtain over $1 million in food stamp and pandemic unemployment benefits, in a case stemming ...
1h ago
EA beats quarterly bookings estimates powered by new 'Battlefield' game
Feb 3 (Reuters) - Electronic Arts beat expectations for third-quarter bookings on Tuesday, buoyed by strong sales of its new "Battlefield" title and signs that the videogame publisher's big bets on its best-selling shooter franchise were paying off. T...
1h ago
Jack Henry second-quarter profit rises on strong bank tech demand
Feb 3 (Reuters) - Jack Henry & Associates reported a higher second-quarter profit on Tuesday, driven by strong demand for its banking technology offerings. The Monett, Missouri-based company provides banks and credit unions with technology and paymen...
1h ago
Skyworks Solutions forecasts upbeat earnings as 5G adoption lifts chip demand
Feb 3 (Reuters) - Skyworks Solutions forecast second-quarter earnings above estimates on Tuesday, signaling strong demand for its chips used in 5G phones. The shares of the company rose about 2% in extended trading. The company, which is also a suppli...
1h ago
AMD forecasts sequential revenue decline, shares fall
Feb 3 (Reuters) - Advanced Micro Devices on Tuesday forecast a slight decline in first-quarter revenue despite an unexpected boost from sales of its AI chips to China, raising doubt about whether it has the supply-chain clout to challenge Nvidia in the...
1h ago
Match Group forecasts upbeat revenue as turnaround gains traction
Feb 3 (Reuters) - Tinder parent Match Group forecast first-quarter revenue above estimates, signaling early gains from its turnaround push, sending its shares up about 12% in extended trading. The company has been reworking core features to steer user...
1h ago
Take-Two raises annual bookings forecast, sticks with 'GTA VI' November launch
Feb 3 (Reuters) - Take-Two Interactive raised its annual bookings forecast on Tuesday, betting on strong sales of its premium sports, action and mobile titles as it gears up to launch the highly anticipated "Grand Theft Auto VI" in November. Shares of...
1h ago
Texas Instruments in advanced talks to buy Silicon Laboratories for about $7 billion, FT reports
Feb 3 (Reuters) - Texas Instruments is in advanced talks to buy chip designer Silicon Laboratories for about $7 billion, the Financial Times reported on Tuesday. A deal between the two companies could be announced in the coming days, the newspaper sa...
1h ago
Clintons to testify in Epstein congressional probe later this month, contempt vote on hold
By Ryan Patrick Jones and David Morgan WASHINGTON, Feb 3 (Reuters) - Former U.S. president Bill Clinton and 2016 Democratic presidential nominee Hillary Clinton will testify later this month in a congressional investigation into the late sex offender J...
1h ago




