Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate
Jaap Arriens | Nurphoto | Getty ImagesAlibaba on Wednesday said its core profitability plunged in the March quarter amid heavy ...
Tag: Europe Earnings
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, ...
Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in ...
Chip giant ASML raises 2026 guidance as AI semiconductor demand stays strong
ASML raised its sales forecast for 2026 after it beat first-quarter revenue and profit expectations, driven by continued demand for ...
SoftBank books $4.2 billion gain on OpenAI bet, boosting its Vision Fund
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan ...
