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Business

Microsoft Surpasses Expectations with $69.6B Q2 Revenue, Despite Cloud Sector Shortfall

Microsoft reports a 12% increase in Q2 revenue to $69.6 billion, surpassing analysts' expectations. However, Intelligent Cloud revenue misses estimates despite a 19% growth. CEO Sa...

Business

Tesla's Q4 Financials: A 2% Revenue Uplift to $25.7B Amidst Missed Estimates

Tesla Inc. reported a 2% increase in Q4 2024 revenue to $25.7 billion, missing estimates. Despite a rise in diluted earnings per share, net income saw a significant decline. The co...

Business

IBM Reports a 1% Revenue Increase to $17.6 Billion in Q4, Surpassing Expectations

IBM announced a 1% revenue increase to $17.6 billion in Q4 2024, with a significant growth in its AI business. Despite a decline in earnings per share, the company's stock rose sha...

Business

Levi Strauss Reports a 12% Surge in Q4 Net Revenue to $1.8 Billion

Levi Strauss and Co. announced a 12% increase in Q4 net revenue to $1.8 billion, with net income rising by 44% to $183 million. Despite a yearly net income decrease, the company si...

Business

Trump Secures $25M Settlement from Meta in Landmark Legal Agreement

Former President Donald Trump has reportedly signed a $25M settlement with Meta Platforms, stemming from a 2021 lawsuit over account suspensions. $22M is allocated for Trump's pres...

Business

Meta's Stellar Q4 Performance: Earnings Surge by 50% to $8.02 Per Share

Meta Platforms Inc. reports a 50% increase in Q4 earnings per share to $8.02, with revenue up 21% to $48.4 billion. Full-year revenue jumps 22% to $164.5 billion, as EPS rises 60% ...

Business

Elon Musk Reveals Tesla's Optimus Robot Pricing Strategy Based on Market Demand

Elon Musk outlines Tesla's production goals for the Optimus humanoid robot, predicting over 1 million units annually with costs under $20,000, but notes final pricing will depend o...

Business

Elon Musk Reveals Tesla's Optimus Robot Production Goals and Market-Driven Pricing Strategy

Elon Musk discusses Tesla's production goals for the Optimus humanoid robot, predicting over 1 million units annually with costs under $20,000. Market demand will dictate the final...