Digital media drive local ad revenue; overall spending estimated to riseBIA projects a rise in U.S. local advertising revenue driven by digital media.Digital media revenue is expected to exceed traditional media revenue in 2025.
Dell and HP benefit from PC market growth, but investors aren't impressedDell's quarterly earnings exceeded expectations, but sales and revenue forecasts fell short, leading to a decline in share prices.
Meta shares pop 6% on earnings beat, rosy revenue forecastMeta's shares rose 6% after strong Q2 earnings beat expectations and positive revenue forecast.
The Trade Desk Stock Plunges on Soft Revenue, Weak OutlookThe Trade Desk stock is falling despite strong earnings due to unmet revenue expectations for the fourth quarter and a weaker forecast.
Dell and HP benefit from PC market growth, but investors aren't impressedDell's quarterly earnings exceeded expectations, but sales and revenue forecasts fell short, leading to a decline in share prices.
Meta shares pop 6% on earnings beat, rosy revenue forecastMeta's shares rose 6% after strong Q2 earnings beat expectations and positive revenue forecast.
The Trade Desk Stock Plunges on Soft Revenue, Weak OutlookThe Trade Desk stock is falling despite strong earnings due to unmet revenue expectations for the fourth quarter and a weaker forecast.
OpenAI's CFO says it's 'definitely possible' it will treble revenue in 2025OpenAI aims for $11 billion revenue by 2025, fueled by significant user growth and constant innovation.
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report saysOpenAI faces a $5 billion loss this year despite rapid revenue growth, projecting $3.7 billion in revenue next year while raising fees on ChatGPT.
OpenAI's CFO says it's 'definitely possible' it will treble revenue in 2025OpenAI aims for $11 billion revenue by 2025, fueled by significant user growth and constant innovation.
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report saysOpenAI faces a $5 billion loss this year despite rapid revenue growth, projecting $3.7 billion in revenue next year while raising fees on ChatGPT.
Nvidia Analyst Price Targets 45% Above Current LevelsAnalysts remain optimistic about Nvidia despite market cap losses, projecting significant stock price recovery driven by AI demand.
SMCI stock price: Super Micro Computer shares swing wildly on earnings, surge 12% on likely delisting dodge and strong 2026 forecastSuper Micro forecasts strong revenue growth, anticipating $40 billion for 2026, and aims to meet SEC filing deadlines to avoid Nasdaq delisting.
HubSpot Earnings Top Estimates, Guidance MixedHubSpot reported Q1 earnings above estimates, with mixed outlook for stock - profit exceeded, revenue fell short. Company focuses on digital marketing for customer conversion.
Cambridge-based Moderna lays out plan to slice research and development spendingModerna expects to break even by 2028, delaying its previous 2026 target due to revenue forecast disappointments.
Nvidia Analyst Price Targets 45% Above Current LevelsAnalysts remain optimistic about Nvidia despite market cap losses, projecting significant stock price recovery driven by AI demand.
SMCI stock price: Super Micro Computer shares swing wildly on earnings, surge 12% on likely delisting dodge and strong 2026 forecastSuper Micro forecasts strong revenue growth, anticipating $40 billion for 2026, and aims to meet SEC filing deadlines to avoid Nasdaq delisting.
HubSpot Earnings Top Estimates, Guidance MixedHubSpot reported Q1 earnings above estimates, with mixed outlook for stock - profit exceeded, revenue fell short. Company focuses on digital marketing for customer conversion.
Cambridge-based Moderna lays out plan to slice research and development spendingModerna expects to break even by 2028, delaying its previous 2026 target due to revenue forecast disappointments.
Snap's quarterly revenue falls short of estimates as competition risesSnap forecast falls short of market expectations for sales and earnings.
Pinterest projects revenue above estimates as AI tools boost ad spendPinterest's Q1 revenue forecast exceeds market expectations, driven by AI enhancements and a surge in active users.
Snap's quarterly revenue falls short of estimates as competition risesSnap forecast falls short of market expectations for sales and earnings.
Pinterest projects revenue above estimates as AI tools boost ad spendPinterest's Q1 revenue forecast exceeds market expectations, driven by AI enhancements and a surge in active users.
Facebook parent Meta forecasts upbeat Q3 revenue after strong quarterMeta Platforms beat market expectations with rosy third-quarter revenue forecast.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta's AI spending under scrutinyMeta's Q4 revenue exceeded expectations, but projections for Q1 revenue fell short of analyst forecasts, raising concerns about AI investments.
Will Meta Platforms Be Worth More Than Alphabet by 2025? | The Motley FoolMeta Platforms faces challenges with revenue forecast and competition from Apple and TikTok, while Alphabet sees growth through advertising and cloud businesses.
Facebook parent Meta forecasts upbeat Q3 revenue after strong quarterMeta Platforms beat market expectations with rosy third-quarter revenue forecast.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta's AI spending under scrutinyMeta's Q4 revenue exceeded expectations, but projections for Q1 revenue fell short of analyst forecasts, raising concerns about AI investments.
Will Meta Platforms Be Worth More Than Alphabet by 2025? | The Motley FoolMeta Platforms faces challenges with revenue forecast and competition from Apple and TikTok, while Alphabet sees growth through advertising and cloud businesses.
EA Sports FC 25, Dragon Age: The Veilguard Fell Below EA's Sales ExpectationEA's share price dropped over 15% due to poor reception of FC 25, leading to lowered revenue forecasts.The soccer franchise FC 25's lack of innovation contributed significantly to the financial decline.EA's market strategy faced challenges with weak spending on new titles amidst economic uncertainties.
Opinion: State government has more money, and more challenges, than ever beforeOregon sees a $2.7 billion revenue increase, providing an opportunity for lawmakers to address emerging challenges and priorities for 2023-25.
Concerns over new Nvidia chip do not stop revenue growthNvidia's Blackwell chip promises significant improvements in AI processing but faces potential overheating issues.
Nvidia CEO Jensen Huang says the payback on AI spending is coming from these 3 placesNvidia's Q3 revenue forecast failed to meet Wall Street expectations, raising concerns about the returns on AI investments.
Nvidia shares jump after AI chip maker unveils stock split, rosy sales forecastNvidia forecasts strong second-quarter revenue and announces a ten-for-one stock split, reflecting AI growth and investor confidence.
Concerns over new Nvidia chip do not stop revenue growthNvidia's Blackwell chip promises significant improvements in AI processing but faces potential overheating issues.
Nvidia CEO Jensen Huang says the payback on AI spending is coming from these 3 placesNvidia's Q3 revenue forecast failed to meet Wall Street expectations, raising concerns about the returns on AI investments.
Nvidia shares jump after AI chip maker unveils stock split, rosy sales forecastNvidia forecasts strong second-quarter revenue and announces a ten-for-one stock split, reflecting AI growth and investor confidence.
Reddit forecasts quarterly revenue above estimatesReddit expects Q4 revenue between $385 million and $400 million, surpassing Wall Street estimates.
Reddit forecasts higher quarterly revenue, owing to growing ad spendReddit forecasted Q3 revenue above estimates, showing recovery in ad market and growth through licensing deals with tech giants and sports leagues.
Reddit forecasts quarterly revenue above estimates on growing ad spend By ReutersReddit forecasts Q3 revenue above estimates, driven by increasing ad market and strategic partnerships.
Reddit forecasts quarterly revenue above estimatesReddit expects Q4 revenue between $385 million and $400 million, surpassing Wall Street estimates.
Reddit forecasts higher quarterly revenue, owing to growing ad spendReddit forecasted Q3 revenue above estimates, showing recovery in ad market and growth through licensing deals with tech giants and sports leagues.
Reddit forecasts quarterly revenue above estimates on growing ad spend By ReutersReddit forecasts Q3 revenue above estimates, driven by increasing ad market and strategic partnerships.
Zoom raises annual revenue forecast By ReutersZoom raises revenue forecast, reflecting strong demand for AI-driven tools in hybrid workplaces.
Sony Sells 2.4 Million PS5 Units in Q1, PlayStation Division Sees ProfitSony Group raised revenue and profit forecast due to successful music and gaming software divisions
Airbnb forecasts lower third-quarter revenue as U.S. demand slowsAirbnb reports lower-than-expected revenue and warns of shorter booking windows attributed to economic uncertainty.
Shopify's shares hit a 6-month low after quarterly growth slows | CBC NewsShopify forecast slowest quarterly revenue growth in two years amidst uncertain economy and cautious consumer spending.
Airbnb forecasts lower third-quarter revenue as U.S. demand slowsAirbnb reports lower-than-expected revenue and warns of shorter booking windows attributed to economic uncertainty.
Shopify's shares hit a 6-month low after quarterly growth slows | CBC NewsShopify forecast slowest quarterly revenue growth in two years amidst uncertain economy and cautious consumer spending.
Intel to cut 15,000 jobs in bid to catch up in AI chip raceIntel plans to cut 15,000 jobs to revamp its manufacturing and AI chip competitiveness.
Arm's lackluster Q2 earnings overshadow strong Q1 revenuesArm posted strong Q1 results but forecasts a dip in revenue for Q2 due to licensing issues, with CEO highlighting AI as a key growth driver.
Meta's stock rises on strong earnings, revenue growth and confident outlook - SiliconANGLEShares of Meta Platforms Inc. surged by 6% after surpassing revenue expectations and forecasting strong Q3. Impressive growth in ad revenue was noted, outpacing Google's performance.
Pinterest forecasts downbeat revenue as competition grows; shares slump By ReutersPinterest forecasts Q3 revenue below expectations due to tough competition & reduced marketing budgets.Pinterest's Q2 revenue surpasses estimates as global MAUs increase.Revenue rose 21% to $853.7 million; profit per share increased from 21 to 29 cents compared to last year.
Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays offNetflix's growth accelerates due to crackdown on freeloading viewers and expansion into advertising, despite a slight revenue forecast dip.
Zoom Video lifts full-year profit, revenue forecast on robust demand By ReutersZoom raises full-year profit and revenue forecast due to robust demand for hybrid work models.
Apple is preparing for a massive upgrade cycle after iPhone 16 launchApple is anticipating significant sales growth with the new iPhone 16 lineup driven by AI.Wedbush predicts a considerable increase in revenue for Apple if AI features are integrated across all active devices.
Zoom Video lifts full-year profit, revenue forecast on robust demand By ReutersZoom raises full-year profit and revenue forecast due to robust demand for hybrid work models.
Apple is preparing for a massive upgrade cycle after iPhone 16 launchApple is anticipating significant sales growth with the new iPhone 16 lineup driven by AI.Wedbush predicts a considerable increase in revenue for Apple if AI features are integrated across all active devices.
NYC Council 2024 revenue projection $1.1B more than Mayor's forecastThe NYC Council's revenue projections exceed the Mayor's Office by $1.1 billion for FY 2024 and 2025, allowing restoration of essential services and investments in New Yorkers.
Earnings call: IAS exceeds Q1 expectations, raises full-year outlook By Investing.comIAS reported 8% revenue increase to $114.5 million with strong demand for social media products.Raised full-year revenue forecast to $533-541 million, with a focus on new product launches and customer wins.
Amazon posts 13% jump in sales, sending shares higher - but fails to deliver dividendAmazon forecasts lower Q2 revenue due to cautious business spending on cloud services.
Snap shares surge 24% on earnings beat, upbeat outlook By Investing.comSnap forecasts strong Q2 revenue, surpasses estimates, showing revenue growth and increased user base.
City Council Finds Funds to Reverse Cuts to Schools, ParksThe City Council has identified over $6 billion in additional funds to reverse deep budget cuts by Mayor Eric Adams.The budget plan includes funding for 3-K, libraries, mental healthcare, municipal reserves, and aims to leave a $1 billion surplus.
Air travel: Revenues, flyers to hit post-COVID record highs DW 06/03/2024The airline industry is expected to see a significant increase in the number of travelers in 2024, with record revenues projected.The rise in air travel is attributed to the industry bouncing back from the impact of the COVID-19 pandemic and the growth of low-cost carriers.
Netflix has surpassed Q2 expectations with 44% profit surgeNetflix increased global subscribers by 16.5%, leading to 44% profit growth, exceeding expectations.Netflix attributes growth to cracking down on password sharing and successful original titles.Disney+ plans to adopt stricter password-sharing policies following Netflix's success.