Tag: Equity

Applied Materials forecasts quarterly revenue below estimates on weak demand

MarketNovember 14, 2024

(Reuters) - Applied Materials (AMAT) forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down...

Boeing starts issuing layoff notices

BusinessNovember 14, 2024

Boeing said it is issuing layoff notices starting this week to workers impacted by a broader plan by the planemaker to cut 17,000 jobs, or 10% of its global workforce. US staff receiving...