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...
U.S. economic growth maintained in third quarter, driven by consumer and government spending
The U.S. economy grew at an annual rate of 2.8% in the third quarter of 2024, according to data released by the U.S. Bureau...
U.S. job openings decline in September, signaling a cooler labor market
In the United States, job openings in September declined significantly to 7.4 million, their lowest level since January 2021, according to the September Job...
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...
Cannabis use in pregnancy may harm children’s thinking and learning and increase aggression
A team of researchers from the United States and Canada have found that pregnant women who use cannabis may be harming their child’s cognitive...
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...
How is McDonald’s going to win back customers after E. coli outbreak?
Last Wednesday, after an E. coli outbreak left over 75 McDonald’s customers sick, visitor numbers fell by 6.4% nationwide, according to Placer.ai. In Colorado,...
Boeing selling 90 million shares of common stock
Boeing just announced that it will sell 90 million shares of common stock to raise up to $14 billion. Along with this, the company...
Philips lowered its 2024 sales growth forecast
Koninklijke Philips N.V. is adjusting expectations after a rough quarter marked by declining demand in China. The health-tech company lowered its 2024 sales growth...