22, Mar, 2019
Samsung Q4 guidance shocks: Profit 18% less than the market expected

guidance

Samsung Q4 guidance shocks: Profit 18% less than the market expected Samsung Electronics said on Tuesday that its fourth-quarter earnings likely decreased sharply due to lackluster demand in its memory chip business as well growing competition in the smartphone segment. The South Korean tech giant predicted operating profit for the […]

Shares of Nvidia tanked as much as 17 percent Monday after the company lowered its revenue guidance for the fiscal fourth quarter citing “deteriorating macroeconomic conditions, particularly in China.” The stock pared some losses by midday and ended trading 14 percent down. The drop trimmed more than $13 billion off […]