AI startup Physical Intelligence raised $400 million in latest funding round
San Francisco-based AI robotics startup Physical Intelligence has raised $400 million in its latest funding round.
So, what's the appeal? Investors see potential in the...
Super Micro Computer’s decline – accounting scandals, stock collapse, and future uncertainties
Super Micro Computer Inc. (NASDAQ: SMCI) was once the darling of the AI hardware sector, celebrated for its amazing growth.
Unfortunately, a series of recent...
Ryanair posted an 18% drop in profit for the first half of fiscal 2025
Profit Decline: Ryanair's profit dropped 18% in H1 FY25, despite a 9% rise in passenger numbers due to lower average fares.
Strategic Fleet...
TGI Friday’s Inc. has filed for Chapter 11 bankruptcy
Texas-based casual dining chain TGI Friday's Inc. has filed for Chapter 11 bankruptcy. The company operates 39 of TGI Friday's corporate-owned restaurants in the...
Nvidia joins Dow Jones Industrial Average, replacing Intel
Nvidia, a leading technology company that has recently gained a lot of attention for becoming one of the most valuable companies in the world,...
ExxonMobil reports net income of $8.6 Billion in Q3 and record production
ExxonMobil reported third-quarter net income of $8.6 billion, down 5% compared to last year's quarter.
Revenue for the third-quarter decreased by only 1% year-over-year...
Apple reports mixed fourth-quarter performance
Apple reported mixed fourth-quarter performance. Revenue and earnings per share beat what Wall Street expected, but net income took a hit from one-time $10.2...
Microsoft Q1 2025 earnings: strong growth driven by cloud and AI integration
Impressive Financial Performance with Revenue Growth
Microsoft Corporation reported revenue of $65.6 billion for Q1 of fiscal year 2025, marking a 16% year-over-year increase. Analysts...
Reddit reported third-quarter revenue of $348.4 million, up 68% year-over-year
Reddit is now a profitable company. The social media platform, which went public in March, announced its third-quarter results on Tuesday, and the results...
Alphabet reports 15% revenue growth and a 34% surge in net income
Google's parent company, Alphabet Inc., smashed Wall Street expectations for the third quarter, reporting 15% revenue growth and a 34% surge in net income.
According...