Analog Devices reported fiscal Q3 adjusted earnings per share of $3.45, beating analyst estimates of $3.34, and revenue of $4.02 billion, surpassing the $3.92 billion forecast. The company's strong performance was driven by robust demand in its Data Center and Industrial segments, contributing to a 40% year-over-year revenue increase. For Q4, Analog Devices projects adjusted EPS between $3.71 and $4.01 and revenue of $4.2 billion to $4.4 billion, both above analyst expectations. Shares rose about 2% in premarket trading, recovering from a recent decline amid broader semiconductor sector weakness.
Bitcoin Suisse is set to reduce its Swiss workforce by up to 50%, potentially cutting 60 of its 120 jobs, as part of a major restructuring. The company is closing its Copenhagen IT site and shifting software and back-office roles to international hub...
An unknown cryptocurrency whale transferred 125.33 billion Shiba Inu (SHIB) tokens from a BitGo custody wallet to a newly created self-custodial wallet, raising attention in the SHIB community. This wallet had recently received massive deposits total...
Spotify and Netflix reported contrasting Q2 2026 results, highlighting different growth strategies. Spotify grew its subscriber base beyond 300 million, boosted premium revenue by 15%, and improved gross margins with new offerings like audiobooks and...
NLY increased its portfolio from $73 billion in 2023 to $107 billion in 2026, enabling a dividend rise from $0.65 to $0.75 per quarter and shifting its stock valuation from a discount to a premium. Meanwhile, TPVG's balance sheet shrank due to defaul...
NVIDIA is in talks to invest up to $10 billion as an anchor investor in Anthropic's IPO, which could value the AI company at $2.3 trillion, potentially the largest IPO ever. This move aligns with NVIDIA's strategy to dominate AI by securing compute d...
