Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year
Meta reported second-quarter earnings on Wednesday and said that its Reality Labs unit, which develops virtual reality and augmented reality ...
Tag: business news
Tilray stock surges after cannabis company improves bottom line
Tilray Brands shares spiked Wednesday after the Canadian cannabis producer reported a narrower loss for its fiscal fourth quarter than a ...
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their ...
Microsoft shares fall after earnings report as analysts process a delayed A.I. ramp
Microsoft CEO Satya Nadella listen to an audience member question during the company's annual shareholder meeting in Bellevue, Wash., on ...
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022.Alex Kraus | Bloomberg ...
SK Hynix posts narrower second-quarter loss amid robust AI demand, sees chip recovery
SK Hynix reported its earnings for the second quarter of 2023 on Wednesday.Nurphoto | Nurphoto | Getty ImagesSouth Korean chipmaker ...
JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges
Mary Callahan Erdoes, chief executive officer of asset management at JPMorgan Chase & Co.Simon Dawson | Bloomberg | Getty ImagesJPMorgan ...
Elon Musk’s X rebrand reignites his goal to turn Twitter into an app like China’s WeChat
In this photo illustration, Elon Musk's photo is displayed on a phone screen in front of a computer screen displaying ...
Wells Fargo announces $30 billion buyback, shares rise
Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said it would buy back $30 ...
Meta’s Threads just got an update that users have been begging for
The Threads logo is displayed on a smartphone with the Twitter logo in the background. Threads is the new social ...
