Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant's performance in advertising targeting and ...
Tag: earnings
Rocket Lab posts record third-quarter revenue, launch backlog
Rocket Lab posted record revenues in the third quarter as it scoops up more launch deals and builds its backlog.The ...
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of "The Big Short" at the Ziegfeld Theater in New York City on ...
Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance
The Instacart logo is seen on a smartphone and on a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | ...
Block sinks 7% after weak third quarter results miss Wall Street estimates
Block shares fell nearly 8% Friday after weak third-quarter earnings fell short of Wall Street expectations and showed slowing profit ...
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn't seeing credit stress among federally ...
Week in review: The Nasdaq’s worst week since April, three trades, and earnings
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst ...
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer AviationArcher Aviation's stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net ...
Taser maker Axon plunges 11% after earnings fall short due to tariff hit
Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise's stock plummeted 11% after the Taser maker missed Wall Street's ...
Tech stocks pull European shares lower; earnings in focus
European shares hit a two-week low on Wednesday as elevated equity valuations continued to make investors nervous globally, while Novo ...
