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Apple’s iPhone business grew at a rapid clip, as U.S. consumers bought up phones ahead of any possible tariff-related price increase. For the quarter that ended in June, iPhones sales grew nearly 13% ...
Shares of Coinbase fell by more than 6% in post-market trading after the crypto exchange missed profit estimates in the second quarter, as lower trading volume weighed on its revenue. The ...
Shares of Confluent lost one-third of their value in the wake of yesterday’s earnings report to close at under $18 per share—their lowest levels since late 2023. Investors are reacting to ...
Paramount’s streaming revenue rose 15% to nearly $2.2 billion during the second quarter, driven in part by pricing increases. However, the company, which owns the Paramount+ and Pluto TV streaming ...
Google on Thursday lost its appeal to overturn the 2023 jury verdict that the Google Play app store had become an illegal monopoly. The ruling follows a recent court order forcing Apple to open up its ...
Figma became the second-most richly valued publicly traded software company, after Palantir, following a blockbuster initial ...
Amazon said that its operating profit could come in as low as $15.5 billion in the current quarter, which would be a more than 10% decline from the same period a year earlier. Amazon shares fell ...
Microsoft’s revenue growth accelerated to 18% in the three months ending in June, driven by stronger-than-expected sales in its Azure cloud computing unit, the company said on Wednesday. Revenue in ...
Meta Platforms is prowling for partnerships with startups that use artificial intelligence to create and edit videos, as the ...
CoreWeave secured $2.6 billion in debt to help it purchase equipment for its contract with OpenAI, the server rental company said Thursday. The loan facility gives CoreWeave access to more capital as ...
Staff at the Idaho National Laboratory, a federal nuclear research facility, have been using artificial intelligence from ...
Shein’s revenue reached nearly $10 billion in the first quarter of this year, Bloomberg reported , with net income of more than $400 million. That helped boost the fast-fashion giant’s profit margins ...
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