Personal Electronics News Today

STM reported 18.4% revenue decline in Q1 2024, missed consensus estimates. Margins decreased and outlook for Q2 and 2024 is lower than expected.

Q1 2024 Earnings Results Jean-Marc Chery, President & CEO April 25, 2024 Good morning everyone...

PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating...

ST had Q1 net revenues down 18.4% y-o-y at $3.47 billion for a gross profit down 31.6% y-o-y at $1.44 billion, a gross margin of 41.7%, an operating

Apple investors want to hear about AI product news but they rejected a proposal aimed at forcing the company to be transparent over its ethical risks.

Best Buy reports earnings Thursday morning before the market open. Investors want to see if lagging electronics sales will be picking up.

Sony became the latest video-game business to reduce its workforce, as it announced plans to cut 900 jobs, representing 8% of its workforce.

Sony Interactive Entertainment said it’s slashing 900 jobs, or about 8% of its workforce, as PlayStation 5 sales are expected to miss the mark.

Artificial intelligence is coming to the smartphone and it could change everything. Here’s what we’ve seen so far and what to expect at industry showcase...

In the week ahead, results from retail chains like Macy’s Inc., Urban Outfitters Inc., TJX Cos. and Best Buy Co. will offer an update on whether consumer...