Texas Instruments provided a revenue forecast for the December quarter that was lower than expected, citing deteriorating demand in nearly every sector in the economy. It sent the company’s stock lower in after-hours trading.
“During the quarter we experienced expected weakness in personal electronics and expanding weakness across industrial,” the company’s CEO Rich Templeton said in the release.
U.S. stock futures were pointing to a stronger start Thursday, buoyed by upbeat results from Facebook parent Meta Platforms as...
If you’ve read the news, you’ve most likely heard of ChatGPT. The newly released chatbot, based on artificial intelligence, machine...
BusinessEarningsThe results bring to more than $132 billion the combined profit last year of the three big majors
Qualcomm, the maker of mobile processors and 5G wireless chipsets, may report muted earnings results after Thursday’s market close. Wall...
