Intel Faces a 7% Revenue Drop in Q4, Signaling Challenges Ahead
Intel Corporation reported a 7% decline in Q4 2024 revenue to $14.3 billion, with a significant GAAP diluted loss per share of $0.03. The company forecasts Q1 2025 revenue between ...
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Visa's Q1 2025 Revenue Soars by 10% to $9.5 Billion, Surpassing Expectations
Visa Inc. reports a 10% increase in Q1 2025 revenues to $9.5 billion, surpassing expectations. GAAP net income and earnings per share also see significant growth. CEO Ryan McInerne...
Apple Shatters Records with a 4% Revenue Surge to $124.3 Billion in Q1 2025
Apple Inc. reports a 4% revenue increase to $124.3 billion in Q1 2025, marking its best quarter ever. Product sales hit $97.9 billion, with services revenue rising to $26.3 billion...
Apple Shatters Records with a 4% Revenue Jump to $124.3 Billion in Q1 2025
Apple Inc. reports a 4% revenue increase to $124.3 billion in Q1 2025, driven by product sales and a significant boost in services. Despite a dip in iPhone sales, the company annou...
US Department of Justice Challenges HPE's $14 Billion Acquisition of Juniper Over Antitrust Concerns
The US Department of Justice has sued to block HPE's acquisition of Juniper Networks, citing antitrust concerns. The $14 billion deal could lead to higher prices, reduced innovatio...
Italy Imposes Immediate Ban on DeepSeek: A Blow to AI Innovation
Italy's Data Protection Authority has immediately restricted DeepSeek, citing user protection, and launched an investigation. This follows DeepSeek V3's market impact, including a ...
OpenAI Eyes $40 Billion Boost in Groundbreaking Funding Round
OpenAI is in talks for a $40 billion funding round, potentially raising its valuation to $340 billion. SoftBank may lead with a $15-25 billion investment, partly supporting the $18...
Amazon Ramps Up Ad Spending on X, Signaling a Strategic Shift in Social Media Marketing
Amazon is increasing its advertising spend on X.com, reversing its previous decision to cut back due to content concerns. CEO Andy Jassy influenced this strategic shift, while Appl...
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