Browsing: earnings
SaaS-pocalypse. SaaS-mageddon. Those are just a few of the clever software-as-a-service portmanteaus being tossed around as investors debate a massive…
Ford CEO Jim Farley knew the EV pain would be bad, but the ‘punch line’ is a $4.8 billion loss
For months, Ford Motor CEO Jim Farley warned anyone who would listen that the electric vehicle transition was about to…
Honda reported Tuesday a 42% drop in profit for the nine months through December, compared to a year earlier, as U.S.…
Capital expenditures—capex, meaning the big-ticket purchases that fund the data centers, servers, and power infrastructure undergirding the AI race—is fueling…
‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours
Palantir Technologies declared “we are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group…
Apple’s blowout Q1 results were a reminder of what makes the company so impressive—and why it’s floundering in AI
Apple delivered the goods in its holiday quarter, ringing up billions more than expected in global iPhone sales and in…
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company…
Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X
Tesla CEO Elon Musk kicked off the new year by springing several eye-popping surprises on shareholders, including a $2 billion…
GM just wrote down $7.6 billion on its EV business—and grew market cap by the same amount
General Motors shares surged as much as 9% on Tuesday, adding over $7 billion to the company’s market capitalization, after…
Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers…












