Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Skyworks Solutions forecasts higher revenue on strong chip demand
May 5 (Reuters) - Skyworks Solutions forecast quarterly revenue above estimates on Tuesday, betting on strong demand for its radio-frequency chips used in premium smartphones. Shares of the Irvine, Ca...
May 05, 2026
Freshworks to cut 11% jobs as AI reshapes software industry
By Anhata Rooprai May 5 (Reuters) - Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company navigates the industrywide disruptions caused by t...
May 05, 2026
AMD forecasts revenue above expectations on strong AI demand, shares jump 12%
By Zaheer Kachwala and Max A. Cherney May 5 (Reuters) - Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its data-center chip...
May 05, 2026
Live Nation posts upbeat quarterly revenue on steady demand for concerts
May 5 (Reuters) - Live Nation Entertainment beat analysts' estimates for first-quarter revenue on Tuesday, underscoring steady demand for concerts and live events even as the Ticketmaster parent faces...
May 05, 2026
Growth in gaming accessories pushes Logitech's fourth-quarter sales higher
By John Revill ZURICH, May 5 (Reuters) - Logitech International on Tuesday reported better-than-expected results for the fourth quarter, with the computer hardware maker seeing strong growth in gaming...
May 05, 2026
Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push
By Kritika Lamba May 5 (Reuters) - Match Group posted first-quarter revenue above estimates on Tuesday, driven by the solid performance of dating app Hinge and early signs that a turnaround at Tinder ...
May 05, 2026
Super Micro bets on AI server demand to provide upbeat forecast, shares soar
By Juby Babu May 5 (Reuters) - Super Micro Computer forecast fourth-quarter revenue and adjusted profit above Wall Street estimates on Tuesday, banking on robust demand for its artificial intelligence...
May 05, 2026
Flex to spin off AI data-center infrastructure unit into listed company
By Sabrina Valle NEW YORK, May 5 (Reuters) - Contract manufacturer Flex on Tuesday outlined plans for a strategic break-up to monetize its exposure to artificial intelligence, saying it would spin off...
May 05, 2026
Lucid misses quarterly revenue estimates as supplier issue hits Gravity SUV deliveries
May 5 (Reuters) - Lucid Group reported its biggest revenue miss in more than four years on Tuesday, with first-quarter sales coming in 36% below analysts' estimates as a supplier-related issue disrupt...
May 05, 2026
Meta plans advanced 'agentic' AI assistant for users, FT reports
May 5 (Reuters) - Meta is building a highly personalized artificial intelligence assistant to carry out everyday tasks for its billions of users, the Financial Times reported on Tuesday, as the compan...
May 05, 2026
