Revenue comes in at $90.8 billion
Apple today posted its Q2 earnings report and delivered $90.8 billion in revenue while earnings checked in at $1.53 per share. Analysts, meanwhile, were anticipating revenue of $90.3 billion and…
Apple today posted its Q2 earnings report and delivered $90.8 billion in revenue while earnings checked in at $1.53 per share. Analysts, meanwhile, were anticipating revenue of $90.3 billion and…
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the automaker’s bottom line.…
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue.…
Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans.…
Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future,…
After disclosing better-than-expected financial results in its fourth quarter earnings report, U.S.-based Coinbase has big plans. The second largest crypto exchange told its investors that intends to lean heavily on…
Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is…
Late last year, Spotify began offering 15 hours of monthly audiobook listening to its Premium subscribers in select markets, including the U.S. Now the company says the new service is…
Apple earlier today posted its earnings report from the recent holiday quarter and delivered $119.58 billion in revenue with EPS coming in at $2.18. Analysts, meanwhile, were anticipating Apple to…
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai…
Infinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of…
Tesla’s strategy to drive sales through price cuts combined with the cost of bringing the Cybertruck into production and other R&D expenses put pressure on profits in the fourth quarter,…
Technology can sometimes move at the speed of light. And so, too, can technology executives. In a shock move, Web Summit announced today that Katherine Maher — who was hastily…