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Business

Chevron Engages White House Talks to Retain Venezuela Operations Amid Rising Tensions

Chevron Corp. plans discussions with the White House to retain its operations in Venezuela, aiming to protect its interests against increasing Chinese and Russian influence, amidst...

Business

OpenAI Eyes $40 Billion Funding Boost, Valuation Soars to $340 Billion

OpenAI is in talks for a $40 billion funding round, potentially increasing its valuation to $340 billion. SoftBank is expected to lead the investment, with funds also supporting th...

Business

Amazon Revives Ad Spending on X: A Strategic Shift in Digital Marketing

Amazon.com Inc. is increasing its advertising spending on X.com, a significant shift from its previous strategy. Apple Inc. is also considering testing ads on the platform. Both co...

Business

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion Amid Economic Uncertainties

Intel Corporation reports a 7% decrease in Q4 2024 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts a challenging Q1 2025, in...

Business

Visa Reports a 10% Revenue Surge to $9.5B in Q1 2025, Exceeding Expectations

Visa Inc. reports a 10% revenue increase to $9.5 billion in Q1 2025, with GAAP net income up 5% and adjusted net income climbing 11%. CEO Ryan McInerney highlights strong holiday s...

Business

Apple Shatters Records with a 4% Revenue Surge to $124.3 Billion in Q1 2025

Apple Inc. announced a 4% revenue increase to $124.3 billion in Q1 2025, marking its best quarter ever. Despite a slight decrease in iPhone sales, the company saw a significant ris...

Business

Samsung's Q4 2024 Revenue Soars by 12% to a Staggering $52.5 Billion

Samsung Electronics Co. reports a 12% increase in Q4 2024 revenue to $52.5 billion, with an operating profit of $4.5 billion. Despite market challenges, the company's annual revenu...

Business

Chevron's Q4 Earnings Skyrocket: A 39% Surge in Net Income to $3.2B

Chevron Corp. reported a 39% surge in Q4 2024 net income to $3.2 billion, with revenue up by 10.6% to $52.2 billion. Despite a slight annual revenue increase, net income fell by 17...