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Robinhood Stock Soars Over 20%, Passing IPO Price
Robinhood Markets' shares increased by 20% on Tuesday, rising more than $7 billion, above the price set at last week's poorly received IPO.
Global Chip Shortage Continue Into H1 2023
The global chip shortage that has hampered production forecasts of big companies such as Apple and Volkswagen will continue into the first half of 2023.
PayPal Adds 11.4 Million Net New Active Accounts In Q2
PayPal recorded strong financial results in the second quarter with net revenue of $6.24 billion.
ServiceNow Reports Strong Q2, Raises Q3 Growth Outlook
ServiceNow released better-than-expected second-quarter results and raised its third-quarter growth outlook.
Average Time To Fix High Severity Vulnerabilities Increases
Research shows that remediation rates for serious vulnerabilities are now low but the average time taken to fix them is increasing.
LinkedIn Is Now A $10 Billion Business, Says Microsoft
Microsoft officials announced that LinkedIn's revenue exceeded $1 billion, making it a $10 billion business.
Apple Predicts Chip Shortage Could Cause Growth Decline
Apple announced that the impact of the chip shortage will only get worse in the current fourth quarter extending to iPhone production.
Microsoft Reports Cloud Growth After Record Quarterly Profit
Microsoft posted one of its most profitable quarterly results on Tuesday, despite falling PC sales due to the global chip shortage.