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Lattice Semiconductor has had a challenging quarter, missing revenue expectations by 3.3% and reporting a 3% decline in revenues year-on-year. The weak performance in the previous quarter has raised concerns among investors regarding the company’s outlook going into the upcoming earnings report. With underwhelming revenue guidance for the next quarter and a history of missing
Bill Gates, the tech billionaire turned philanthropist, has been a key figure in the global fight against polio. Despite significant progress in reducing cases of the deadly viral disease, Gates warns that success in completely wiping out polio is not guaranteed. The $500 million pledge from Saudi Arabia to fight polio over the next five
The tech industry has been hit hard by mass layoffs, with over 263,000 job losses recorded in 2023 and more than 75,000 job losses in 2024 so far. Despite blockbuster earnings from companies like Alphabet and Microsoft, the focus has shifted from growth to profitability, leading to a wave of job cuts. Jeff Shulman, a
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In the midst of earnings season, investors are looking closely at top analysts’ picks for long-term prospects. Netflix (NFLX) takes the spotlight this week with its better-than-expected results for the first quarter of 2024. Despite the disappointment stemming from the company’s decision to halt reporting quarterly subscriber numbers, BMO Capital analyst Brian Pitz remains bullish
Recently, Thai former energy executive Pichai Chunhavajira has been appointed as the country’s finance minister, tasked with the responsibility of revitalizing Southeast Asia’s second-largest economy. This decision comes at a crucial time for Thailand, as the economy has been facing numerous challenges, including high household debt, rising borrowing costs, and the impact of China’s economic
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BHP Group is reportedly contemplating making an enhanced offer for Anglo American following the rejection of its initial $39 billion proposal by the London-listed miner. A source familiar with the matter disclosed that BHP is engaged in discussions regarding a revised bid for Anglo American that is expected to be presented in the upcoming weeks.
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Wolfspeed is a semiconductor company focusing on silicon carbide technologies to provide solutions for efficient energy consumption and a sustainable future. With product families like silicon carbide material and power devices targeted for applications such as electric vehicles and renewable energy, the company has positioned itself as a leader in the industry. Jana, an experienced
Warner Bros, one of the leading studios in the film industry, is on track to achieve major success this year with two of its blockbuster films, Dune: Part Two and Godzilla x Kong: The New Empire. Both films have collectively grossed over $1.2 billion worldwide, with Dune: Part Two crossing the $700 million mark and
In a recent interview with CNBC’s “ETF Edge,” Brett Winton, the chief futurist at ARK Invest, highlighted five technological areas that he believes will give tech investors an edge in the market. These areas include robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage. Winton emphasized that these sectors are all entering the marketplace