Skyworks Solutions (SWKS) generated an unexpectedly high sales revenue of $956.8 million in the fourth fiscal quarter of 2020, the wireless chipmaker revealed in its earnings report.
While analysts projected earnings of $1.52 per share (resulting in total revenue of $842.4 million), Skyworks managed to achieve a revenue of $1.85...
Airbus has offered to assemble the Eurofighter aircraft in Switzerland if Bern decides to select the aerospace company for a defense contract worth six billion Swiss franc ($6.5 billion), a source from the consortium revealed on Sunday.
This commitment from Airbus follows the announcement of a Swiss cabinet decision to...
Edutech company Udemy fell 5.2% on Friday after making its stock market debut with an IPO of $29 per share. The company's share price was listed at $27.50 as the markets closed on Friday evening, giving Udemy a valuation of $3.8 billion.
The San Francisco-based massive open online course provider...
Technology conglomerate Tencent Holdings has been subjected to further scrutiny from China, with the government now instructing Tencent to submit any new apps and updates for inspections before their release. According to Chinese financial media outlet Yicai, this new requirement comes after several of Tencent's apps were found to...
As the coronavirus pandemic continues to rage on, the unexpected upward trend in sales of single-family homes is finally declining after four consecutive months of consistent increases.
While the ongoing pandemic had a detrimental effect on most industries, the rise experienced by the housing market was supported by low mortgage...
Dell Technologies Inc. and HP Inc. recently released their latest quarterly earnings, both outperforming Wall Street estimates. Their strong performances are heavily attributed to the significant spike in PC demand in 2020.
With lockdowns taking effect across the United States as well as the world since the start of the...
Thai fashion e-commerce startup Pomelo plans to offer its analytics and demand forecast technology to other fashion brands in the region, its chief executive recently announced. This comes as an effort to boost revenue for the company amid slowing physical store sales.
Pomelo chief executive David Jou stated during an...
With Beijing tightening its oversight on some of China's biggest tech firms, Xiaomi has made a bid to market a dollar bond deal to international investors. The tech firm is looking to raise $1 billion from this effort, which would include a rare green bond tranche.
Prior to beginning...
Stocks of electric vehicle company Tesla (TSLA) enjoyed a stark 10% rise during after-hours trading on Monday, leading to the company’s inclusion in the S&P 500 index.
According to an announcement by the S&P Dow Jones Indices, Tesla will join the S&P 500 on Monday evening before the stock market...