Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Data centre demand drives Keppel's annual profit higher
(Reuters) - Singapore's Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure requi...
Feb 04, 2025
Factbox-Young techies underpin Musk's drive to slash size of US government
WASHINGTON (Reuters) - Elon Musk is relying on a coterie of young engineers with little government experience in his takeover of the U.S. Federal government infrastructure. Here are some details about...
Feb 04, 2025
DXC Technology beats third-quarter profit estimates on steady IT services spending
(Reuters) - IT services company DXC Technology reported a third-profit on Tuesday that beat Wall Street estimates, driven by strong enterprise spending on its cloud-based solutions. As the adoption of...
Feb 04, 2025
EA forecasts fourth-quarter bookings below estimates on weak gamer spending
(Reuters) -Electronic Arts forecast fourth-quarter bookings below Wall Street expectations on Tuesday, as the videogame publisher grapples with a slowdown in spending at its popular soccer franchise. ...
Feb 04, 2025
Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue
(Reuters) -Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while posting cloud revenue that missed analysts' target. The tech giant...
Feb 04, 2025
Lumen beats quarterly revenue estimates on data center demand
(Reuters) -Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom, sending its ...
Feb 04, 2025
Snap beats profit estimates on strength in advertising platform
(Reuters) - Snap beat Wall Street estimates for quarterly profit on Tuesday, benefiting from improvements to the Snapchat parent's advertising platform. Shares of the Santa Monica, California-based co...
Feb 04, 2025
AMD forecast tops first-quarter revenue estimates
By Max A. Cherney, Arsheeya Bajwa (Reuters) -Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its AI chips as Wall Street's te...
Feb 04, 2025
Bridgewater's flagship fund rose 8.2% in January, source says
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) - Bridgewater Associates' flagship fund Pure Alpha posted a gain of 8.2% in January, in a period when investors navigated a sell-off in A...
Feb 04, 2025
Match forecasts annual revenue below estimates, names new CEO
(Reuters) -Match Group forecast its annual revenue below Wall Street estimates on Tuesday, a sign users are dialing back spending on its dating apps, sending the Tinder parent's shares down 9.5% after...
Feb 04, 2025
