Products and Services

AMD stock falls as revenue forecast falls below street consensus

Shares of Advanced Micro Devices Inc. In the extended session on Tuesday after the chipmaker’s revenue forecast fell below the Wall Street consensus after posting record sales, beating street expectations and reporting a spike in data center sales. “Taking a step back, while there has been a bit more slickness in the PC market in …

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Altria’s $13 billion investment in Juul e-cigarettes evaporates

Washington – Cigarette maker Altria’s $13 billion investment in struggling vaping company Juul has upped the smoke — now worth less than 5% of its original value as US regulators move to ban its e-cigarettes. Altria cut the value of its investment in Juul by more than $1.2 billion Thursday, to hold its new value …

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Apple has been concerned about iPhone supply, but this could swing by demand

Throughout the pandemic, Apple Inc.’s biggest challenge has been. It is maintaining an adequate supply of its devices, but with the company heading towards launching a new iPhone, could the equation be reversed? Apple AAPL, -0.88% Benefiting from elastic demand in the first two years of the COVID-19 crisis, as governments poured in stimulus money …

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Coinbase Slams SEC Over Insider Trading Issue

Coinbase signs in Times Square in New York during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase has retracted claims from the Securities and Exchange Commission that it offers unregistered securities, following accusations of fraud against a former employee of the company. A former Coinbase …

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