Qualcomm reports Q2 revenue up 1% YoY to $9.39B, vs. $9.34B est., handset sales up 1% YoY to $6.18B, and forecasts Q3 revenue above estimates — Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024,…
Anthropic launches a free iOS app and Team, its first enterprise plan, which offers access to its Claude 3 Opus, Sonnet, and Haiku models for $30/user/month — Anthropic on Wednesday announced its first-ever enterprise offering and a free…
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY — Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first…
Treasury Secretary Janet Yellen testified before the House Ways and Means Committee regarding the Biden administration’s tax policies. Yellen faced questions and critiques from the panel during the hearing, which was broadcast live on…
The earnings call was significant due to the announcement of CEO Bob Bakish's departure from Paramount Global amid ongoing merger talks with Skydance Media.
Samsung reports Q1 revenue up 12.81% YoY to ~$52.3B, vs. ~$51.6B est., operating profit up 932.8% YoY to ~$4.8B, vs. ~$4.3B est., as memory chip prices rebound — Samsung Electronics Co. Galaxy S24 smartphones during a media preview event…
Deep Bagchee, a driving force behind the launch of ITVX, is exiting to become President of CNBC International. Bagchee replaces John Casey, who Deadline revealed was stepping down late last year after almost 30 years with the news network.…
China removes restrictions on Tesla cars after its China-made vehicles passed the country's data security requirements; five other local brands also got cleared — Elon Musk, CEO of Tesla and owner of social media site X, formerly known as…
Meta, Alphabet, and Snap beat analysts' estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 — A view of Google Headquarters in Mountain View, California, United States on…
As Intel reports disappointing earnings and guidance, and becomes S&P 500's worst performing stock in 2024, a look at the long history of company's missteps — Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event…
Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY — WATCH NOW — Microsoft beats on top and bottom line, Azure continues to accelerate — Microsoft…
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily…
Cloud data management startup Rubrik opens up 20% at $38.60 per share in its NYSE debut, after raising $752M at a $5.6B valuation — In this photo illustration, the Rubrik, Inc. logo is displayed on a smartphone screen. — Data management…
Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks” — Thrasio, an early leader in the big business of Amazon aggregators, had a booth at…
Cloud data management startup Rubrik priced its NYSE IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B — Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha…