Apple drops price on new iPhone 11, undercuts Netflix and Disney on streaming

Apple Inc. tried to make cameras the focus of its iPhone launch event Tuesday, but the company’s most striking announcements concerned the prices of its phones and streaming offerings. The first big surprise came when Apple AAPL, +1.18% revealed that it would charge $4.99 a month for its previously announced streaming video service, Apple TV+, which is now set to launch […]

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Domo still can’t explain what it actually is, and the stock is getting killed

When Domo Inc. went public last year, it was hard to discern what the company actually did, and how executives were going to turn it into a big business. Slightly more than a year later, Domo DOMO, +4.48% is showing why that should have scared away investors in the initial public offering. The chief executive is turning away from promises made […]

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Dell stock surges as analysts cheer resilience amid weak IT spending landscape

Amid concerns about the information-technology spending landscape, Dell Technologies Inc. delivered better-than-expected quarterly results showing that the company is managing the industry challenges. Dell’s DELL, +7.44% latest numbers, which included a sizable earnings beat, were particularly notable given that many of the company’s peers missed expectations and had to lower their forecasts, according to Evercore ISI analyst Amit Daryanani, who has […]

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Nvidia says business is back to normal after a year of strife

After a double whammy of a crypto-mining-influenced decline in its core gaming business and a slowdown in its previously surging data-center business over the past year, Nvidia Corp. says business is back to normal. Nvidia reported fiscal-second-quarter results that topped Wall Street expectations Thursday, with revenue growing 17% sequentially to $2.58 billion, thanks to growth of 24% for the gaming […]

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Fitbit stock falls after Versa Lite disappointment prompts lowered outlook

Fitbit Inc. shares dropped 5% in after-hours trading Wednesday after the company reported better-than-expected second-quarter results on Wednesday but delivered a downbeat forecast for the current period due to the weak performance of its lower-priced Versa Lite smartwatch. The company recorded a net loss of $68.5 million, or 27 cents a share, compared with a loss of $118 million, or […]

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Trump agrees to ‘timely’ decisions on licensing U.S. companies to resume Huawei sales

WASHINGTON — President Donald Trump agreed Monday to grant timely licensing decisions to U.S. technology companies that want to continue lucrative sales to Huawei Technologies Co., as the administration seeks to restart trade talks with China. The White House made the announcement after a meeting Trump held with chief executives from seven major chip makers and technology companies, including Qualcomm […]

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NetApp stock dives after earnings miss, weak forecast

NetApp Inc. NTAP, -4.13% shares dropped more than 5% in late trading Wednesday after the data-storage company reported weaker than expected earnings and revenue and projected declining quarterly sales and profit. In a fiscal fourth-quarter earnings report, NetApp reported income of $396 million, or $1.59 a share, on sales of $1.59 billion, down from $1.64 billion the year before. After […]

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Slack non-IPO: 5 things to know about the direct listing

Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company filed direct-listing paperwork on Friday. […]

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