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Elon Musk Gives One-Word Reply To Sundar Pichai's Post On Alphabet's Quarterly Results
Google's parent company, Alphabet, recently reported its quarterly results that exceeded expectations. Elon Musk acknowledged the impressive results, sparking a brief exchange.
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Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
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Xiaomi Reports Rs. 1.31 Lakh Crore Revenue in Q1 2025, Beats Rs. 1.2 Lakh Crore Mark Again
Xiaomi released its financial results for the first quarter of the current year on Wednesday, reporting an unaudited consolidated revenue of Rs. 1.31 lakh crore for the January–March period. This marks the second consecutive quarter in which the company has surpassed the Rs. 1.2 lakh crore milestone. Compared to the same quarter in the previous y...
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Grand Theft Auto 6 Delay Fails to Dent Take-Two Investor Zeal
The delay in the release of the Grand Theft Auto 6 is not souring sentiment on the stock for the investors in Take-Two Interactive Software. The pre-announced delay could de-risk results due after the close, especially as Take-Two said it continues to expect sequential increases and record levels in net bookings.
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5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
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Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
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NDTV Announces Robust Q1 with Revenue Growth of 34% Year-On-Year
NDTV, India's premier news network, announced today its financial results for Q1, FY 2024-2025. The Company reported a significant increase in revenue, outpacing the performance of the previous year's first quarter by a substantial margin.
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Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
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Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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"Terrifying": Ex-Meta Employee Struggles To Find Job 200 Days After Being Laid Off
The company has slashed around 21,000 jobs since November 2022 as it has sought to reassure investors that it was reining in costs amid waning revenue growth, high inflation and concerns that Reality Labs was losing too much money.
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iPhone Sales Declined in Q2 2023 as Services Revenue Saw Record Growth With 1 Billion Subscriptions
Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the four...
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
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Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
-
Elon Musk Gives One-Word Reply To Sundar Pichai's Post On Alphabet's Quarterly Results
Google's parent company, Alphabet, recently reported its quarterly results that exceeded expectations. Elon Musk acknowledged the impressive results, sparking a brief exchange.
-
Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
-
Xiaomi Reports Rs. 1.31 Lakh Crore Revenue in Q1 2025, Beats Rs. 1.2 Lakh Crore Mark Again
Xiaomi released its financial results for the first quarter of the current year on Wednesday, reporting an unaudited consolidated revenue of Rs. 1.31 lakh crore for the January–March period. This marks the second consecutive quarter in which the company has surpassed the Rs. 1.2 lakh crore milestone. Compared to the same quarter in the previous y...
-
Grand Theft Auto 6 Delay Fails to Dent Take-Two Investor Zeal
The delay in the release of the Grand Theft Auto 6 is not souring sentiment on the stock for the investors in Take-Two Interactive Software. The pre-announced delay could de-risk results due after the close, especially as Take-Two said it continues to expect sequential increases and record levels in net bookings.
-
5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
-
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
-
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
-
NDTV Announces Robust Q1 with Revenue Growth of 34% Year-On-Year
NDTV, India's premier news network, announced today its financial results for Q1, FY 2024-2025. The Company reported a significant increase in revenue, outpacing the performance of the previous year's first quarter by a substantial margin.
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
"Terrifying": Ex-Meta Employee Struggles To Find Job 200 Days After Being Laid Off
The company has slashed around 21,000 jobs since November 2022 as it has sought to reassure investors that it was reining in costs amid waning revenue growth, high inflation and concerns that Reality Labs was losing too much money.
-
iPhone Sales Declined in Q2 2023 as Services Revenue Saw Record Growth With 1 Billion Subscriptions
Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the four...
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
-
Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
