Angela Palumbo

Angela Palumbo

Reporter

LATEST ARTICLES

Apple Gets Warning From Nintendo Memory-Chip Crisis. Why the Stock May Suffer.

Apple Gets Warning From Nintendo Memory-Chip Crisis. Why the Stock May Suffer.

The Japanese company said it would need to raise prices of its Switch 2 console.

3 minute read

Nintendo Raising Switch 2 Prices. The Memory Hits Keep Coming.

Nintendo Raising Switch 2 Prices. The Memory Hits Keep Coming.

Nintendo said it had to raise prices due to ‘changes in market conditions.’

2 minute read

Not All Is Well in the Jobs Market. Just Look at Upwork's Stock Tumble.

Not All Is Well in the Jobs Market. Just Look at Upwork's Stock Tumble.

“In some places, particularly at the lowest end, customers were adopting AI tools to supplement their needs as they experienced financial pressures,” CFO Erica Gessert said.

3 minute read

Cloudflare Stock Tumbles. An Earnings Beat Wasn’t Enough.

Cloudflare Stock Tumbles. An Earnings Beat Wasn’t Enough.

Cloudflare is cutting about 1,100 jobs. Shares had been up 30% so far this year.

2 minute read

Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage

Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage

Management commentary on recent earnings calls highlighted that more than just memory is facing supply constraints.

3 minute read

Peloton Stock Is Surging Like It’s 2020. Can the Momentum Continue?

Peloton Stock Is Surging Like It’s 2020. Can the Momentum Continue?

Peloton is “planting new seeds for future growth,” CEO Peter Stern said Thursday.

2 minute read

Apple Stock Hit a Record. Why June Will Be Key.

Apple Stock Hit a Record. Why June Will Be Key.

Apple stock hit its first record closing high since Dec. 2, 2025.

2 minute read

Warner Bros. Posts Wider-Than-Expected Loss

Warner Bros. Posts Wider-Than-Expected Loss

Media companies across the board are seeing a fundamental change in how customers watch TV. Disney has found a way to capitalize on it.

2 minute read

Arista Faces Soaring Demand. Why It Isn’t Enough for the Stock.

Arista Faces Soaring Demand. Why It Isn’t Enough for the Stock.

The maker of the switches that connect AI chips reported earnings after the closing bell.

3 minute read

Is Super Micro Stock Finally Turning a Corner After Smuggling Allegations After Earnings?

Is Super Micro Stock Finally Turning a Corner After Smuggling Allegations After Earnings?

Super Micro reported better-than-expected earnings but disappointing revenue results for its fiscal third quarter.

2 minute read

Live Nation’s Legal Fees Weigh on Earnings

Live Nation’s Legal Fees Weigh on Earnings

Live Nation reported an operating loss of $371 million, which the company said was impacted by a ‘$450 million legal accrual.’

2 minute read

Paramount Stock Edges Higher After Earnings Beat. CBS News Is Barely Mentioned.

Paramount Stock Edges Higher After Earnings Beat. CBS News Is Barely Mentioned.

Paramount Skydance reported first-quarter results after Monday’s close, its first report since winning the bidding war for Warner Bros. Discovery.

3 minute read

Why Meta’s Teen Safety Push Won’t Hurt Growth Like It Did for Roblox

Why Meta’s Teen Safety Push Won’t Hurt Growth Like It Did for Roblox

Meta Platforms is expanding AI-powered age verification and teen protections across Instagram and Facebook, but the impact on growth is likely to differ sharply from Roblox’s recent slowdown.

3 minute read

Apple Stock Surged After Earnings. 3 Concerns Lurking Beneath the Surface.

Apple Stock Surged After Earnings. 3 Concerns Lurking Beneath the Surface.

“We believe memory costs will drive an increasing impact on our business,” CEO Tim Cook said Thursday night.

4 minute read

Reddit Stock Gets Much- Needed Earnings Boost

Reddit Stock Gets Much- Needed Earnings Boost

Reddit reported adjusted earnings of $1.01 a share, beating estimates of 57 cents a share.

2 minute read

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