Wednesday, January 22, 2025
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Earnings

Instacart CEO: Retailer Integrations Streamline Shopping, Drive Growth | PYMNTS.com

Instacart’s expansion of retailer integrations and the implementation of advanced technology have streamlined the shopping experience,...

Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations

Singapore-based internet services company Sea Limited (SE) early Tuesday reported third quarter earnings beat expectations, with a stronger-than-expected 31% revenue increase. Sea stock jumped...

Live Nation Execs Are “Hopeful” For Different Antitrust Approach Under Trump

As Donald Trump prepares to take office more, Live Nation executives believe his administration, and the Department of Justice under Trump will be more...

HYBE’s Net Profit Plunges 99% On Lower Recorded Music, Concert Revenues

South Korean K-pop giant HYBE said its net profit basically evaporated in the third quarter and total revenue slipped 2% after after the company earned...

Political Ad Surge Propels Fox Corp. Past Wall Street Quarterly Estimates

Fox Corp. beat Wall Street analysts’ consensus forecast in its fiscal first quarter of 2025, with results driven by a swell of political ad...

OpenAI Launches ChatGPT Search, Inbrain Raises $50 Million, Spot AI Spots $31 Million

It’s earnings week and we’ve heard from Google, Microsoft, Meta and that sales are up. Everyone is making money. They are also spending it...

Intel shares jump 9% on earnings beat, uplifting guidance

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle Chih...

Meta’s Zuckerberg Touts AI Progress but Warns of ‘Serious Infrastructure’ | PYMNTS.com

The old saying is you’ve got to spend money to make money. For Meta, notching a third...

Meta Warns of Worsening AI Losses After Sales Narrowly Beat

Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a years-long tug-of-war between the company’s...

Microsoft stock slips more than 3% in extended trading on disappointing revenue guidance

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company event on AI technologies in Jakarta, Indonesia, on Tuesday, April 30, 2024.Dimas...

Over 25% of Google’s code is written by AI, Sundar Pichai

Some have accused the tech giants of blowing AI smoke on earnings calls—touting the supposed benefits of massive capital expenditures without reporting any tangible...

Time Is Running Out for Big Tech to Deliver AI Profits

The most urgent questions for tech investors are: Who is going to make a windfall from the AI frenzy, and at what cost?There’s a...

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