Reuters Better cost controls helped Dell Technologies Inc beat estimates for firstquarter profit on Thursday, a positive sign for personal computer makers after months of cratering demand. The results contrasted rivals HP Inc and Lenovo Group, but a full recovery remains some ways off as Dell forecast currentquarter revenue below Wall Street targets and warned that IT […]

SAN FRANCISCO, June 1 Reuters Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq39;s minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. Nikola, which closed at about 57 cents on Thursday as it battles mounting losses, high cash burn […]

Reuters Netflix Inc shareholders on Thursday withheld their support for the company39;s executive pay package, in a nonbinding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix39;s top executives, arguing such a vote […]

PARIS, June 1 Reuters Tereos posted record annual sales and earnings on Thursday supported by high prices but the French sugar and ethanol group expressed caution regarding the sugar beet crop and strength of demand in 202324. Tight global supplies sent global sugar futures to 1112 year highs in April while European prices were reaching record […]

June 1 Reuters Broadcom Inc forecast thirdquarter revenue above market estimates on Thursday, as it benefits from massive corporate investments in AIrelated technologies. The viral success of ChatGPT has sparked a surge in orders for chips that underpin the technology at big data centers, driving a rally in shares of semiconductor companies that cater to the […]