In the ever-evolving landscape of technology, few sectors garner as much attention and investment as artificial intelligence (AI). As we move into 2025, the megacap technology firms—Meta, Amazon, Alphabet, and Microsoft—are establishing ambitious plans to not only expand their capabilities but to assert dominance in the AI market. Estimates show that these companies are poised
Earnings
In a remarkable display of market resilience, Affirm Holdings Inc. experienced a significant boost in its share prices, surging over 15% in after-hours trading following a successful report of its fiscal second-quarter results. This surge comes at a time when the broader economic landscape is fraught with uncertainties, particularly affecting the buy now, pay later
Strategy, previously known as MicroStrategy, has become an emblem of aggressive investment in the burgeoning world of Bitcoin. As the largest corporate holder of Bitcoin, the company has undertaken a momentous journey towards achieving its $42 billion capital raising goal. Following a post-election rally, Strategy recently reported that it has nearly reached the halfway mark
French oil conglomerate TotalEnergies has recently announced a concerning financial outlook for 2024, revealing a marked decline in full-year earnings due to various adverse market conditions. Reporting an adjusted net income of $18.3 billion, the company experienced a significant 21% decrease from its previous year’s figure of $23.2 billion. This development aligns with the lower
Nintendo’s recent financial report for its fiscal third quarter, which ended on December 31, has raised eyebrows among analysts and investors alike. The company announced weaker-than-expected earnings, prompting a downward adjustment of its sales forecasts for the Nintendo Switch. As anticipation builds for the launch of the Switch successor—often referred to as the Switch 2—Nintendo
In the constantly evolving landscape of financial technology, GoCardless has carved out a niche as a leader in facilitating recurring payments for businesses. The London-based startup recently marked a pivotal point in its journey, reporting a significant reduction in its financial losses for the fiscal year ending June 30, 2024. With a net loss of
In a stunning display of financial prowess, Atlassian Corporation saw its stock soar by an impressive 18% following an outstanding earnings report for the fiscal second quarter. Analysts and investors alike were taken by surprise as the software giant surpassed Wall Street’s expectations, posting adjusted earnings of 96 cents per share, significantly higher than the
In the rapidly evolving landscape of artificial intelligence, the emergence of DeepSeek, a Chinese startup, has marked a significant inflection point in the global tech arena. This week, industry titans such as Microsoft’s Satya Nadella, Apple’s Tim Cook, and OpenAI’s Sam Altman have publicly weighed in on the implications of DeepSeek’s advanced R1 model that
Swiss pharmaceutical giant Novartis has recently unveiled its fourth-quarter results, revealing a performance that, while marked by stronger-than-expected sales, signals an urgency for strategic alignment moving forward. The company reported a 16% increase in net sales on a constant currency basis, totaling $13.2 billion. This number exceeded analysts’ expectations of $12.795 billion, reflecting Novartis’ ability
H&M, the Swedish retail behemoth, witnessed a significant decline in its stock value on Thursday, plummeting over 5% due to disappointing sales results for the fourth quarter. The latest financial disclosures revealed that H&M reported sales of 62.19 billion Swedish krona, which starkly fell short of analysts’ predictions for 63.48 billion Swedish krona, according to