(Bloomberg) — Oracle Corp. reported better-than-expected bookings, suggesting continued momentum for the company’s effort to compete in cloud computing against its larger tech rivals. Most Read from Bloomberg Separately, Oracle announced cloud partnership deals with startup OpenAI, Microsoft Corp. and Alphabet Inc.’s Google. The shares jumped about 9% in extended trading. Total remaining performance obligations, […]
By Zaheer Kachwala (Reuters) – Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The company’s shares fell over 25% in premarket trading. The lowered forecast marks the latest downbeat report from […]
By Zaheer Kachwala May 9 (Reuters) – Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The lowered forecast marks the latest downbeat report from the gaming industry, which has laid off […]
(Reuters) -Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, sending it shares down nearly 10% before the bell. The weakness in a key metric that denotes the total value of revenue earned on the Uber platform signals demand weakness for the company’s ride-share and food […]
AMSTERDAM (Reuters) -ASML, the largest supplier of equipment to computer chip makers, on Wednesday reported first-quarter earnings of 1.22 billion euros ($1.30 billion), and a worse-than-expected inflow of new bookings of 3.6 billion euros. Net income was down from 2.05 billion euros in the fourth quarter of 2023. Sales were 5.29 billion euros, down from […]
By Harshita Mary Varghese Feb 7 (Reuters) – Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-game spending during the holiday season. In a positive sign for the gaming industry, the global video game market is anticipated to grow […]
Ride-hailing giant Uber Technologies (UBER) reported fourth-quarter earnings that handily beat estimates while revenue and gross bookings edged by views amid improving driver supply. Uber stock fell on the news. X On the stock market today, Uber stock fell 3.1% to 68.31 in early trading. Uber earnings for the quarter ending Dec. 31 were 66 […]
Royal Caribbean stock surged early Thursday after the cruise line giant beat Q4 forecasts and guided earnings expectations to a record for 2024. X Royal Caribbean (RCL) reported adjusted earnings of $1.25 per share, improved from a loss of $1.12 per share last year. Revenue leapt about 28% to $3.33 billion but slowed for the […]