Latest in Broad Weakness Tech
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Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - October 25 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - October 26 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
Iran mocks Israel’s ‘weak’ attacks as hardliners call for reprisal
Political elite under pressure from variety of sources, with US urging Iran to step back from the brink. Middle East crisis – live updates The Iranian government has belittled the scale and ...World - The Guardian - October 26 -
Bowen: Iran faces hard choices between risks of escalation or looking weak
International editor Jeremy Bowen examines what Iran's response might be to Israel's latest attack.Top stories - BBC News - October 26 -
LeBron's fourth-quarter run uncovers Kings' early-season weakness
Los Angeles Lakers LeBron James' 16-point fourth-quarter frenzy exposed the Sacramento Kings' early-season defensive woes.Sports - Yahoo Sports - October 27 -
Former WaPo editor: Bezos showing ‘weakness’ pulling presidential endorsement
Marty Baron, the former top editor of The Washington Post, is intensifying his criticism of Jeff Bezos, the billionaire owner of the newspaper, over a decision to not endorse a presidential ...Politics - The Hill - October 28 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
Investors need clarity on BP policy not boss’s weak promises
Shareholders still do not know if giant will jettison goal to cut oil and gas production by 25% by 2030. There goes another of BP’s shiny targets-cum-ambitions. This one is not related to the pace ...World - The Guardian - October 29 -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - October 29 -
Draper keeps winning run going with dismissal of Lehecka at Paris Masters
World No 15 follows Vienna Open title with 7-5, 6-2 victory Jannik Sinner out of tournament with intestinal virus Just a couple of hours after closing out one of the biggest achievements of his ...World - The Guardian - October 29 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31 -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - November 1 -
Weak Jobs Report Provides Fodder For Harris and Trump Ahead of Election
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.Business - The New York Times - November 1 -
Biden going on campaign trail after weak October jobs report
President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...Top stories - CBS News - November 1 -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - November 5 -
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.Business - MarketWatch - 5 days ago -
Pinterest stock plunges following weak Q4 revenue guidance
Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.Business - CNBC - 5 days ago -
The Democrats lost because they ran a weak and out-of-touch campaign | Bhaskar Sunkara
The party, increasingly divorced from workers, leaned too much on an activist base instead of a voting base. I turned on MSNBC after the election results came in and this, verbatim, was the ...World - The Guardian - 4 days ago -
Instacart’s weak outlook for the end of the year drags the stock lower
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.Business - MarketWatch - 1 hour ago -
Big Tech Carries the Entire Stock Market — and Nvidia Fuels Big Tech
The Magnificent Seven have doubled the returns of the S&P 500 in 2024, but much of the outperformance can be chalked up to chip giant Nvidia.Business - Inc. - October 25 -
Big Tech’s dash for nuclear power
The take-off of AI will fuel a surge in demand for electricityBusiness - Financial Times - October 20 -
Big Tech makes amends with Trump
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Big Tech reaches out to Trump ahead of Election Day The leaders of major technology companies are making ...Politics - The Hill - October 29 -
Why tech’s titans are moving right
Whatever the outcome of this election, Democrats should realize that Silicon Valley is fleeing from them — and for good reason.Politics - The Hill - October 30 -
Why Tech Employees Are Ready to Revolt
This has been an unprecedented period of unprovoked kicks and unkept promises for workers in the tech industry.Business - Inc. - October 31 -
What a Trump Victory Means for Tech
Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.Tech - The New York Times - 4 days ago -
What a Trump Victory Means for Tech
Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.Tech - The New York Times - 4 days ago -
Bradley Tusk Gets Real About Tech Regulations
Tusk made his name helping Uber plow through regulatory roadblocks. We asked him to forecast the future of regulation for AI, social media, and crypto.Business - Inc. - October 15 -
Amazon Joins Big Tech's Foray Into Nuclear Power
The internet giant is part of a $500 million investment to help bring small, modular reactors on to the grid.Business - The Wall Street Journal - October 16 -
The tech sector should brace for further turbulence
Whatever the long term shifts that are making its products more central to everyday life, chips remain highly cyclicalBusiness - Financial Times - October 17 -
Translation tech tackles health language barriers
A new device is helping to improve communication between patients who do not speak English.Top stories - BBC News - October 18 -
WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential
Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’Tech - The Wall Street Journal - October 23 -
Three Mile Island Readies for Big Tech Reboot
Constellation Energy will revive the half-century-old nuclear power plant to supply electricity for Microsoft’s data centers.Business - Inc. - October 22