Falling PC demand and luke-warm relations between US and China to blame
The cocaine nose jobs of Wall Street have been pummelling AMD and bought the companies shares, but its CEO claims that things are probably not as bad as they seem.
iPhone 8 will be all there is until next year
Shares in the fruity cargo cult Apple are suffering after a disappointing iPhone 8 launch and a sudden realisation from Wall Street that what Fudzilla has been saying for ages – the iPhone X will be late – is true.
Lost $97.5 billion in market value
The big five technology firms - Apple , Google, Microsoft , Facebook and Amazon - lost more than $97.5 billion in market value, sending Wall Street into a bit of a panic.
Nadella’s turnaround is working while Cook's is not
While the reign of the shy and retiring Steve “I never threw a chair at anyone” Ballmer was one of the best times for Microsoft news, the company has been having a bit of snooze for ages.
AMD executives can’t really get a break, even when the company is doing well. Normally when execs start flogging off their shares it is because the company is going to announce something unpopular which will send share prices downwards. However, in AMD’s case they did the opposite.
27 percent drop in profits and nothing new coming is worth a bonus
Apple may not have invented anything new for years, be watching its cash cow die with no replacement, but that has not stopped Tim Cook trousering a huge cash bonus this year.
Pokemon gave it get up and GO
Shares of Nintendo have jumped nearly 10 percent to a six-year high on Friday mostly on the back of the surprise success of its Pokemon GO augmented reality game.
Investors wake up
Apple shares are continuing to fall as more investors realise that the share price is not going to go up any more.
China could really mess the company up
Billionaire activist investor and Apple cheerleader Carl Icahn has dumped his entire stake in Apple because he thinks the writing is on the wall for the tech company.