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Dell shares slump as Q4 guidance falls short; Q3 earnings beat estimates

Dell Technologies shares fell sharply after the company guided fourth-quarter revenue below Wall Street expectations amid weaker demand for its traditional PCs and...

Foreign smartphone sales in China drop 44.25% y/y in Oct, data shows

BEIJING (Reuters) -Sales of foreign-branded smartphones, including Apple Inc (NASDAQ:AAPL)'s iPhone, in China fell 44.25% year-on-year in October, according to data from a...

Wall Street banks get a lift from trading Israeli currency, bonds

By Stefania Spezzati and Libby George LONDON (Reuters) -The world's top investment banks are on track to post the highest revenue in five years from trading Israel's bonds and...

OpenAI allows employees to sell $1.5 billion stock to SoftBank, sources say

By Rishabh Jaiswal, Gnaneshwar Rajan and Angela Christy M (Reuters) -ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender...

Samsung Electronics changes chip chiefs after Chairman Lee confronts 'crisis'

By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) -Samsung Electronics sought to inject impetus into its memory and foundry chip units by appointing new leaders on Wednesday, as it...

Japan stocks lower at close of trade; Nikkei 225 down 0.78%

– Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Paper & Pulp and Chemical, Petroleum & Plastic sectors led shares lower. At...

Dell: Mizuho cuts PT on weak earnings, but sees long-term AI tailwinds

-- Analysts at Mizuho cut their price target on Dell Technologies (NYSE:DELL) following weak earnings and guidance from the PC maker, but noted that Dell remains...

Analysis-Black Friday: online marketing costs jump in bidding war with Temu and Shein

By Helen Reid LONDON (Reuters) - Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday,...

Exclusive-China's Hesai to halve lidar prices next year, sees wide adoption in electric cars

SHANGHAI (Reuters) - China's Hesai Group, the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year...

Taiwan stocks lower at close of trade; Taiwan Weighted down 1.17%

– Taiwan stocks were lower after the close on Wednesday, as losses in the , Other Electronic and Machinery sectors led shares lower. At the close in Taiwan, the...

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