Slack shares plunge 15% on weak earnings guidance

2019-09-04

Slack Technologies Inc.’s first earnings report as a public company landed with a thud on Wednesday, pushing its already-depressed shares down 15% in after-hours trading. The workplace-communications company reported second-quarter results that exceeded Wall Street estimates but forecast a slightly larger-than-expected loss for its current quarter, renewing concerns about itsRead More →

Qualcomm is among biggest victims of Huawei fight

2019-07-31

Qualcomm Inc. is getting hurt by the U.S.-China trade war, just as the world’s biggest economies move to the next generation of cell-phone-network technology. Qualcomm QCOM, -2.21%  gave a disappointing outlook for its fourth quarter Wednesday, with much of the disappointment coming from two big issues related to China: tradeRead More →