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Business

SLB Faces Challenging Q1 with 3% Revenue Drop to $8.49 Billion Amid Global Market Shifts

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25%. CEO cited varied global market performances affecting results.

Business

Colgate-Palmolive Q1 2025: Net Sales Dip 3.1% to $4.9B Yet Beats Expectations

Colgate-Palmolive Co. announced a 3.1% decrease in Q1 2025 net sales to $4.9B, outperforming expectations. EPS rose by 2% to $0.85, with net income up 1.02% to $690M. The company f...

Business

Meta's Llama AI Joins the Stars: Revolutionizing Space Research Aboard the ISS

Meta Platforms Inc. announces the deployment of its open-source AI model, Llama, to the ISS National Lab in partnership with Booz Allen Hamilton. This collaboration aims to enhance...

Business

Jio Platforms Reports Stellar 25.7% Profit Surge in Q4, Marking a Year of Significant Growth

Jio Platforms, part of Reliance Industries, reported a 25.7% increase in Q4 profit to Rs 7,022 crore, with ARPU rising to Rs 206.2. Annual revenue grew by 17% to Rs 1,28,218 crore,...

Business

SLB Reports a 3% Drop in Q1 Revenue to $8.49 Billion Amid Global Challenges

SLB announced a 3% year-on-year revenue decline to $8.49 billion in Q1 2025, with net income dropping by 25% to $797 million. CEO Olivier Le Peuch attributed the results to mixed g...

Business

Apple Plans Major Shift: Moving US iPhone Production to India by 2026 Amid China Tensions

Apple Inc. is planning to shift all US-bound iPhone production to India by 2026, aiming to reduce reliance on China amid geopolitical tensions. This could lead to over 60 million i...

Business

Colgate-Palmolive Q1 2025: A Mixed Bag with Net Sales Dip but EPS Rise, Beating Estimates

Colgate-Palmolive reports a 3.1% drop in Q1 2025 net sales to $4.9B, yet beats expectations with a 2% EPS rise to $0.85 and a slight net income increase. The company forecasts orga...

Business

Meta's Llama AI Takes Off to the ISS: A New Era for Space Research with Open Source Technology

Meta Platforms Inc. announces the deployment of its open source AI model, Llama, to the ISS National Lab in collaboration with Booz Allen Hamilton. This initiative aims to enhance ...