Searched for
ARTIFICIAL INTELLIGENCE REVENUE
Retailer Zalando launches AI shopping agent as margins squeezedZalando has launched its inaugural AI shopping agent, aiming to refine its online retail experience significantly. This innovative platform...
Apple Q4 results beat estimates as iPhone 18 Pro demand, price hikes offset rising chip costsApple reported better-than-expected Q4 revenue of $114.48 billion and earnings of $2.10 per share, driven by strong iPhone 18 Pro demand an...
Anthropic says revenue surged 1,100% ahead of IPOAnthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1,100 percent surge in quarterly re...
Anthropic revenue up 12x in Q3, commits $895 billion spendingAnthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billion. The company plans to invest ove...
South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
Amazon's biggest cash burn in history: Why $42 billion vanished in just a year?Amazon has reported the record losses of $42.4 billion free cash flow deficit in the last 12 months ending on September 2026 as spending on...
Google loses nearly half a trillion in market value: What went wrong with Alphabet?Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% ...
Foxconn working on a new tie-up with OpenAI, says there is no AI bubbleFoxconn Chairman Young Liu told reporters at the company's annual event to showcase its technology that he had met OpenAI Chief Executive S...
Global Market: South Korean stocks tumble over 5% as AI spending concerns hit chipmakersSouth Korean shares plunged as a selloff in semiconductor stocks intensified amid concerns over the sustainability of global AI investments...
Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPOAswath Damodaran values Anthropic at $1.475 trillion ahead of its anticipated IPO, but warns that compute costs, slowing revenue growth, an...
Global Market: China stocks fall as tech selloff deepens despite Fed rate pauseChinese stocks declined as a sharp selloff in technology and AI-related shares outweighed the US Federal Reserve’s decision to keep interes...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
MSFT stock price today rises after Microsoft earnings beat Wall Street expectations, but is capex still a concern?Microsoft stock rose over 2% in after-hours trading after the company beat quarterly revenue and earnings expectations. Azure revenue grew ...
AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filingJapan’s Nikkei surged nearly 2%, snapping a three-session losing streak, as Anthropic’s US IPO plans and gains in American semiconductor st...
AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
Global asset management industry to expand through 2030, profitability remains a challenge: Morgan StanleyGlobal asset management assets reached a record $159 trillion in 2026, but Morgan Stanley expects falling management fees to constrain reve...