Analysts adjust Meta stock price target after earnings
Meta Platforms (META) excels at inferring user interests for advertising, rivaling Google's revenue without direct user input, and being recognized as a leader in AI.
Amazon profit soars due to AI and advertising
AWS revenue increased by over 200% due to AI and advertising sales.
Cloud, search drive Alphabet Q2 revenue increase
Alphabet reported a 14% revenue increase driven by search and Google Cloud.
Reddit Deal With NFL, MLB, Others Means More Video Highlights, Player AMAs
Reddit partners with major sports leagues for video content and advertising opportunities.
Snap Earnings: Attracting Users and Advertisers Remains a Constant Struggle Against Giants
Snap's growth in daily active users slowed in the latest quarter, disappointing compared to industry giants like Meta Platforms and Alphabet.
Threads might get ads early next year
Meta intends to launch advertising on Threads in early 2024 to sustain operational costs.
Analysts adjust Meta stock price target after earnings
Meta Platforms (META) excels at inferring user interests for advertising, rivaling Google's revenue without direct user input, and being recognized as a leader in AI.
Amazon profit soars due to AI and advertising
AWS revenue increased by over 200% due to AI and advertising sales.
Cloud, search drive Alphabet Q2 revenue increase
Alphabet reported a 14% revenue increase driven by search and Google Cloud.
Reddit Deal With NFL, MLB, Others Means More Video Highlights, Player AMAs
Reddit partners with major sports leagues for video content and advertising opportunities.
Snap Earnings: Attracting Users and Advertisers Remains a Constant Struggle Against Giants
Snap's growth in daily active users slowed in the latest quarter, disappointing compared to industry giants like Meta Platforms and Alphabet.
Threads might get ads early next year
Meta intends to launch advertising on Threads in early 2024 to sustain operational costs.
If You're a Millennial, You Probably Love One of these Hockey Teams
Hockey is gaining popularity among millennials as an exciting alternative to slower sports, significantly contributing to NHL revenue.
The NHL's sponsorship revenue highlights its commercial success and appeal in the sports market.
Schedule, playoff format, 'the Jack Eichel issue': What players are looking for in CBA talks
The NHL and NHLPA have an optimistic outlook for the upcoming CBA negotiations, following significant revenue growth and a better working relationship.
If You're a Millennial, You Probably Love One of these Hockey Teams
Hockey is gaining popularity among millennials as an exciting alternative to slower sports, significantly contributing to NHL revenue.
The NHL's sponsorship revenue highlights its commercial success and appeal in the sports market.
Schedule, playoff format, 'the Jack Eichel issue': What players are looking for in CBA talks
The NHL and NHLPA have an optimistic outlook for the upcoming CBA negotiations, following significant revenue growth and a better working relationship.
Apple's services revenue hit a record high, contributing to overall record quarterly revenue of $94.9 billion.
Warren Buffet's Berkshire Hathaway sells half its Apple stock | TechCrunch
Berkshire Hathaway reduced its Apple holding significantly for tax reasons.
Apple just bought itself some time
Apple's revenue and profit surpassed analyst expectations, despite a decline in iPhone sales, giving the company time to demonstrate returns from AI investments.
Apple's Quarterly Profit Down Because of Tax Payment in Europe
Apple's quarterly revenue rose significantly but was impacted by a major tax payment, leading to profit declines.
Apple sales slip, but investors offered giant buyback
Apple announced a $110 billion stock buyback plan, alongside Q2 2024 results showing mixed performance across different markets.
UK publishing group asks Apple not to hurt web ad revenue
Apple's plan for AI-powered ad blocking in iOS 18 could threaten news publication revenue.
Apple Services Revenue Hits New High of $24.97B
Apple's services revenue hit a record high, contributing to overall record quarterly revenue of $94.9 billion.
Warren Buffet's Berkshire Hathaway sells half its Apple stock | TechCrunch
Berkshire Hathaway reduced its Apple holding significantly for tax reasons.
Apple just bought itself some time
Apple's revenue and profit surpassed analyst expectations, despite a decline in iPhone sales, giving the company time to demonstrate returns from AI investments.
Apple's Quarterly Profit Down Because of Tax Payment in Europe
Apple's quarterly revenue rose significantly but was impacted by a major tax payment, leading to profit declines.
Apple sales slip, but investors offered giant buyback
Apple announced a $110 billion stock buyback plan, alongside Q2 2024 results showing mixed performance across different markets.
UK publishing group asks Apple not to hurt web ad revenue
Apple's plan for AI-powered ad blocking in iOS 18 could threaten news publication revenue.
Tesla is making money off cars its competitors aren't selling
Tesla's record revenue in Q2 was boosted by selling regulatory credits to competitors, providing a significant source of income and edge in the market.
Canoo Q2 2024 Results: Progress on Cash Flow, But Revenue Still Low
Canoo's quarterly revenue reached $605,000 with significant Adjusted EBITDA progress, indicating growth and customer engagement amidst loss per share.
Tesla is making money off cars its competitors aren't selling
Tesla's record revenue in Q2 was boosted by selling regulatory credits to competitors, providing a significant source of income and edge in the market.
Canoo Q2 2024 Results: Progress on Cash Flow, But Revenue Still Low
Canoo's quarterly revenue reached $605,000 with significant Adjusted EBITDA progress, indicating growth and customer engagement amidst loss per share.
U.S. debt interest costs are about to blow past $1 trillion this fiscal year
The US budget deficit exceeded $1.5 trillion for 10 months, narrowed by higher revenues, with interest burden from debt remaining a significant challenge.
HubSpot Jumps As Q2 Earnings, Revenue Handily Beat Estimates
HubSpot's second-quarter earnings and revenue exceeded analyst estimates, causing a positive reaction in its stock price.
Trade Desk Rises As Internet TV Drives Earnings Beat
Trade Desk reported Q2 earnings and revenue exceeding expectations, driven by internet TV. Stock gained above forecasts. Positive outlook for revenue and EBITDA in the upcoming quarter.
Snap Stock: Q2 Revenue Miss Sends Shares Tumbling
Snap stock declined due to lower-than-expected Q2 revenue despite meeting earnings expectations.
Trump Media stock falls 10% after posting $327.6 million loss in first quarter
Trump Media shares plunged 10% after reporting significant losses in its first earnings report.
Trump's social media company just keeps losing money
Truth Social struggles with revenue despite Trump's ownership.
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook (Meta) first-quarter profit more than doubled to $12.37 billion, but shares dropped due to lukewarm revenue guidance.
HubSpot Jumps As Q2 Earnings, Revenue Handily Beat Estimates
HubSpot's second-quarter earnings and revenue exceeded analyst estimates, causing a positive reaction in its stock price.
Trade Desk Rises As Internet TV Drives Earnings Beat
Trade Desk reported Q2 earnings and revenue exceeding expectations, driven by internet TV. Stock gained above forecasts. Positive outlook for revenue and EBITDA in the upcoming quarter.
Snap Stock: Q2 Revenue Miss Sends Shares Tumbling
Snap stock declined due to lower-than-expected Q2 revenue despite meeting earnings expectations.
Trump Media stock falls 10% after posting $327.6 million loss in first quarter
Trump Media shares plunged 10% after reporting significant losses in its first earnings report.
Trump's social media company just keeps losing money
Truth Social struggles with revenue despite Trump's ownership.
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook (Meta) first-quarter profit more than doubled to $12.37 billion, but shares dropped due to lukewarm revenue guidance.
Tesla exceeded analyst expectations with 443,956 vehicle deliveries in Q2 2024, generating $25.5 billion in revenue and $0.52 non-GAAP earnings per share.
Watch: Reddit's IPO success may hinge on AI boom | TechCrunch
Reddit IPO may signal the end of IPO dearth
Investors attracted to Reddit's growth story and revenue despite unprofitability
Tesla Q2 2024: Revenue Up, But Profits Down Amid Price Cuts, Slower Sales
Tesla reported 19 consecutive profitable quarters but fell short of expectations due to price cuts and various factors.
FOA reports loss in Q2 but notes improved performance
Finance of America (FOA) moves closer to profitability with increased loan volume and revenue amidst reduced losses.
Tesla exceeded analyst expectations with 443,956 vehicle deliveries in Q2 2024, generating $25.5 billion in revenue and $0.52 non-GAAP earnings per share.
Watch: Reddit's IPO success may hinge on AI boom | TechCrunch
Reddit IPO may signal the end of IPO dearth
Investors attracted to Reddit's growth story and revenue despite unprofitability
Tesla Q2 2024: Revenue Up, But Profits Down Amid Price Cuts, Slower Sales
Tesla reported 19 consecutive profitable quarters but fell short of expectations due to price cuts and various factors.
FOA reports loss in Q2 but notes improved performance
Finance of America (FOA) moves closer to profitability with increased loan volume and revenue amidst reduced losses.
Microsoft set to spend more than $13bn on AI and cloud datacentres | Computer Weekly
Microsoft reported $64.7bn in revenue for the quarter, driven by AI and platform strategy.
Amazon spent a staggering $30 billion on its cloud platform this year, with plans to increase
Amazon's profits rose in Q2 but missed revenue estimates, resulting in a decrease in stock price.
Data centers and ads boost Alphabet's profits as it faces down AI rivals
Alphabet Inc. beat revenue expectations driven by cloud services and advertising. Google aims to compete in AI with integrated solutions across products.
Microsoft set to spend more than $13bn on AI and cloud datacentres | Computer Weekly
Microsoft reported $64.7bn in revenue for the quarter, driven by AI and platform strategy.
Amazon spent a staggering $30 billion on its cloud platform this year, with plans to increase
Amazon's profits rose in Q2 but missed revenue estimates, resulting in a decrease in stock price.
Data centers and ads boost Alphabet's profits as it faces down AI rivals
Alphabet Inc. beat revenue expectations driven by cloud services and advertising. Google aims to compete in AI with integrated solutions across products.
Marathon Digital's shares fell post-market due to revenue missing estimates, despite operational challenges. Company rebounded with record mining power.
Bitcoin Miners Monthly Revenue Hit Record $2 Billion
Bitcoin mining reached record monthly revenue of $2 billion in March 2022.
Upcoming halving event to decrease block subsidy from 6.25 to 3.125 bitcoins, impacting miner earnings.
Marathon Digital's shares fell post-market due to revenue missing estimates, despite operational challenges. Company rebounded with record mining power.
Bitcoin Miners Monthly Revenue Hit Record $2 Billion
Bitcoin mining reached record monthly revenue of $2 billion in March 2022.
Upcoming halving event to decrease block subsidy from 6.25 to 3.125 bitcoins, impacting miner earnings.
Meta's going to spend like crazy on AI in the next year - and investors don't hate it
Meta's second-quarter revenue surpassed expectations, rising to $39 billion despite plans for increased spending on AI research and development.
Meta Says It Will Continue Spending, as Growth Surges
Big technology companies invest heavily in AI without immediate profits, restating trust amid skepticism. Meta increases AI-related spending despite uncertainty about technology's profitability.
Meta's going to spend like crazy on AI in the next year - and investors don't hate it
Meta's second-quarter revenue surpassed expectations, rising to $39 billion despite plans for increased spending on AI research and development.
Meta Says It Will Continue Spending, as Growth Surges
Big technology companies invest heavily in AI without immediate profits, restating trust amid skepticism. Meta increases AI-related spending despite uncertainty about technology's profitability.
YouTube's latest weapon against ad blockers spoils the ending
YouTube is finding crafty ways to combat ad blockers, such as skipping to the end of videos if an ad blocker is detected.
YouTube's War On Ad Blockers Continues, Now Making Ads Truly Unskippable
YouTube is showing blank ads to ad-blocker users, pushing for YouTube Premium as an ad-free alternative, even testing server-side ad injection to combat ad blockers.
YouTube's latest weapon against ad blockers spoils the ending
YouTube is finding crafty ways to combat ad blockers, such as skipping to the end of videos if an ad blocker is detected.
YouTube's War On Ad Blockers Continues, Now Making Ads Truly Unskippable
YouTube is showing blank ads to ad-blocker users, pushing for YouTube Premium as an ad-free alternative, even testing server-side ad injection to combat ad blockers.
Lightbend closes FY24 with record growth | @lightbend
Lightbend achieved record growth in the past year, adding over 50 new blue chip customers and experiencing a 50% increase in Annual Recurring Revenue (ARR). Open source adoption also increased significantly.
Lightbend turned operationally cash flow positive for the first time and released Kalix, the first step towards becoming a cloud company, simplifying the development of low-latency, event-driven applications on a PaaS.
Spotify stock price: SPOT soars ahead of price hikes; streaming giant sees double-digit growth
Shares of Spotify (SPOT) surge post Q2 2024 earnings, highlighting significant growth in users, revenue, alongside cost-cutting measures.
Is Amazon Stock a Buy? | The Motley Fool
Amazon's revenue for the first quarter rose by 13% and its diluted earnings tripled, beating estimates. Its core businesses are growing, including the North American, international segments, and AWS.
Gambling firm 888 reports a 'strong quarter of progress'
888 reported revenue slightly ahead of expectations at £431 million for Q1 2024.
Lightbend closes FY24 with record growth | @lightbend
Lightbend achieved record growth in the past year, adding over 50 new blue chip customers and experiencing a 50% increase in Annual Recurring Revenue (ARR). Open source adoption also increased significantly.
Lightbend turned operationally cash flow positive for the first time and released Kalix, the first step towards becoming a cloud company, simplifying the development of low-latency, event-driven applications on a PaaS.
Spotify stock price: SPOT soars ahead of price hikes; streaming giant sees double-digit growth
Shares of Spotify (SPOT) surge post Q2 2024 earnings, highlighting significant growth in users, revenue, alongside cost-cutting measures.
Is Amazon Stock a Buy? | The Motley Fool
Amazon's revenue for the first quarter rose by 13% and its diluted earnings tripled, beating estimates. Its core businesses are growing, including the North American, international segments, and AWS.
Gambling firm 888 reports a 'strong quarter of progress'
888 reported revenue slightly ahead of expectations at £431 million for Q1 2024.
New Biglaw Firm Alert: Troutman Pepper And Locke Lord In Merger Negotiations
Merging to compete with larger firms is a strategy to reach mammoth status in Biglaw.
2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue
Two BigLaw firms, Troutman Pepper Hamilton Sanders and Locke Lord, are in merger talks to create a potential top 50 revenue firm with over 1,600 lawyers.
New Biglaw Firm Alert: Troutman Pepper And Locke Lord In Merger Negotiations
Merging to compete with larger firms is a strategy to reach mammoth status in Biglaw.
2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue
Two BigLaw firms, Troutman Pepper Hamilton Sanders and Locke Lord, are in merger talks to create a potential top 50 revenue firm with over 1,600 lawyers.