Technology
Intel shares jump as it lays out cost-cutting plans
Shares in chipmaker Intel were rocketing in after-hours trading on Thursday, after the company posted a beat on quarterly earnings, and laid out plans for billions of dollars worth of cost cuts.
Amazon warns of holiday disappointment despite Q3 earnings beat
E-commerce and web services conglomerate Amazon warned of holiday disappointment in its after-hours earnings release on Thursday, with quarterly profit falling despite growing revenue.
Apple posts earnings beat, but iPhone sales disappoint
Apple was the latest big tech name to join the march of disappointments late on Thursday, after coming in short of forecasts on sales of its flagship iPhone range.
Growth continues into PCI-PAL's new financial year
Communications payment technology company PCI-PAL said in an update on Thursday that its growth had continued into the new financial year, in line with management expectations.
Seeing Machines revenue, profits rise in year-end results
Driver monitoring technology developer Seeing Machines reported a 15% improvement in revenue in its year-end results on Thursday, to AUD 54. 4m (£30. 25m).
Made rescue talks end without a buyer
Online furniture retailer Made. com announced the termination of its formal sale process on Thursday morning, given it was no longer in receipt of any possible offers.
ITM Power issues profit warning amid delays to new 'stack'
ITM Power shares were plunging on Thursday morning, after the company warned on profits amid delays in its new generation ‘stack’.
Meta earnings more-than-halve as revenue narrows
Meta Platforms reported a dire set of numbers after the close, meanwhile, with third quarter earnings more than halving to $4. 39bn from $9. 2bn.