Browsing: earnings
Scandals are mounting at Nomura Holdings Inc., threatening to derail a turnaround plan at Japan’s biggest brokerage just as it’s…
Amazon’s $110 billion cloud business is minting profits even amid the expensive Gen AI arms race—but for how long?
Amazon quarterly financial results on Thursday surpassed analyst expectations, powered by strong revenue growth and record operating income in the…
Apple revenue grew 6% in its fiscal fourth quarter, as sales of iPhones rebounded and the company posted growth in…
Hello and welcome to Eye on AI. In this edition…Big Tech is increasing AI spending… OpenAI drops its foundry ambitions……
Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough
NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes…
Microsoft beats Wall Street expectations with big help from its cloud business, but warns of slower growth in second quarter
Microsoft beat Wall Street estimates for its latest quarter with the help of its all-important cloud services business. The tech…
Mark Zuckerberg says a lot more AI generated content is coming to fill up your Facebook and Instagram feeds
First we had friends. Then we had influencers. And if Mark Zuckerberg is correct, the next big thing in our…
Meta beat Wall Street’s revenue and profit targets during its third quarter and forecast a strong finish to the year…
Google owner Alphabet sees double-digit revenue growth as CEO Pichai calls out YouTube success
Google parent Alphabet topped Wall Street revenue targets on Tuesday in third-quarter financial results that showed strong growth in the…
Slowing profit growth is removing some of the invincibility surrounding the stock market’s technology giants as they prepare to report…