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Business

Snap Inc. Surpasses Expectations with a 14% Revenue Jump to $1.56 Billion in Q4

Snap Inc. announced a 14% revenue increase to $1.56 billion in Q4 2024, beating expectations. Daily active users grew by 9% to 453 million, and the company reported a net income of...

Business

Moody's Analysis: India's Budget Indicates Slower Fiscal Consolidation Amid Growth Focus

Moody's Ratings observes India's budget signals a slower fiscal consolidation pace, focusing on growth. Tax cuts may boost consumption but could affect fiscal health. The governmen...

Business

AMD Achieves Record Revenue in Q4 2024 with a 24% Surge to $7.7 Billion

AMD announced a 24% increase in Q4 2024 revenue to $7.7 billion, despite a 28% drop in net income. For the full fiscal year, revenue rose 14% to $25.8 billion, with net income surg...

Business

Alphabet's Q4 Earnings Surge with 12% Revenue Growth to $96.5B, Yet Falls Short of Expectations

Alphabet Inc. reported a 12% revenue increase to $96.5B in Q4 2024, missing market estimates. Earnings per share rose by 31% to $2.15, with a 32% increase in operating income. CEO ...

Business

Alphabet Shatters Expectations with a 12% Revenue Surge to $96.5B in Q4

Alphabet Inc. reports a 12% revenue increase in Q4, reaching $96.5 billion, matching market expectations. The tech giant's financial health and strategic direction are under the sp...

Business

Ferrari Accelerates with a 14% Revenue Boost in Q4, Eyeing a Robust 2025

Ferrari NV reports a 14% increase in Q4 2024 revenue to €1.7 billion, with a 31% jump in net profit. The company forecasts robust growth into 2025, aiming for over €7 billion in ne...

Business

Deel Sets Sights on 2026 IPO: A Bold Move for the HR Software Giant

Deel, a human resources software startup, plans for an IPO by 2026, boasting an $800 million annual revenue run rate and a $12.6 billion valuation, with new shareholders General Ca...

Business

GM Slashes Cruise Workforce Following Strategic Shift Away from Robotaxis

General Motors announces a 50% workforce reduction at its Cruise Robotaxi division following a strategic decision to cease funding, highlighting the competitive and costly nature o...