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Business

Spotify Surpasses Expectations with a 10% Surge in Monthly Active Users to 678M in Q1 2025

Spotify reports a 10% increase in monthly active users to 678M in Q1 2025, with premium subscribers up by 12%. Revenue grows to €4.2 billion, despite a slight miss in estimates, an...

Business

GM Surpasses Expectations with a 2.3% Revenue Increase to $44.02B in Q1 2025

General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, surpassing expectations. Despite a 6.6% drop in net income, adjusted EPS rose by 6.1%. The company suspended...

Business

Pfizer Reports an 8% Drop in Q1 Revenue to $13.7 Billion Amid Strategic Financial Adjustments

Pfizer Inc. announced an 8% decrease in Q1 revenue to $13.7 billion for FY2025, with a 5% drop in net income and EPS. CFO David Denton highlights operational efficiency driving res...

Business

Merck & Co. Inc. Unveils $1 Billion Investment in Delaware for New Cancer Drug Facility

Merck & Co. Inc. announces a $1 billion investment in a new Delaware facility to produce innovative drugs and a new Keytruda formulation, creating 4,500 jobs by 2030, aligning with...

Business

Coca-Cola Reports a 2% Revenue Dip to $11.1B in Q1 2025 Amidst Global Market Challenges

Coca-Cola's Q1 2025 financial results show a 2% revenue decline to $11.1 billion, with a 6% increase in organic revenues. EPS grew by 5% to $0.77, and operating income soared by 71...

Business

PayPal Surprises with a 1% Revenue Jump to $7.8 Billion in Q1 2025

PayPal Holdings, Inc. reports a 1% increase in net revenue to $7.8 billion in Q1 2025, with significant growth in operating income and GAAP earnings per share. CEO Alex Chriss high...

Business

Amazon to Reveal Tariff Costs on Products: A Transparency Move Amid Trump's Trade Policies

Amazon is introducing a feature to show how much of a product's price is due to tariffs, enhancing transparency for consumers. This comes as the company evaluates the impact of tra...

Business

Will Gold Prices Decline Post Akshaya Tritiya? Experts Weigh In with Cautious Optimism

Gold demand in India persists despite record prices, with Akshaya Tritiya fueling purchases. Experts predict a potential pullback in prices, advising cautious investment while some...