Bloomberg Technology

Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...

RBC Capital Market analyst Mark Mahaney downgraded Roku Inc (NASDAQ: ROKU)'s stock rating from Outperform to Sector Perform in early July. The stock has gained more than 30% since the rating revision, the analyst told Bloomberg on Monday.  "Our downgrade was clearly premature or...

High-end smart speaker maker Sonos Inc (NASDAQ: SONO) reported an earnings beat in its fiscal first quarter Feb. 6, but the stock heavily sold off — a result of the company paying for the "sins of the past," said CEO Patrick Spence. What Happened Hardware stocks...

Grocery chain Kroger Co (NYSE: KR) is teaming up with tech giant Microsoft Corporation (NASDAQ: MSFT) to create a new connected store experience in what appears to be a challenge to Amazon.com, Inc. (NASDAQ: AMZN)'s expansion in the sector.  What It Is  The future of grocery...

Should investors look at Apple Inc. (NASDAQ: AAPL)'s guidance warning as a sign that the broader tech sector will tumble? That "reckoning" has already taken place, according to RBC Capital Markets' Mark Mahaney. What Happened Speaking as a guest on "Bloomberg Technology...

The financial technology sector's secular growth story remains "as strong as ever," but Piper Jaffray analysts are turning incrementally less bullish on the group. What To Know Digital payments and the digitization of business ecosystems are showing a continued surge, Piper Jaffray...

With the stock down more than 15 percent over the past month alone, Apple Inc. (NASDAQ: AAPL) could be seen as being in a "period of undervaluation," ARK Investment Management CEO Cathie Wood told Bloomberg TV. What Happened Wall Street analysts are wrongly focusing their attention...

SAMSUNG ELECTRONIC KRW5000 (OTC: SSNLF) hoped smartphone consumers would be faced with two options: buy its advanced Note 7 or Apple Inc. (NASDAQ: AAPL)'s "dull" iPhone 7 with few upgrades and new features. According to Bloomberg Technology, Samsung's executives were operating under the assumption...