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Business

Intel's Q1 Financial Report Reveals Steady Revenue Amidst Challenging Times

Intel reports unchanged Q1 revenue at $12.7 billion but faces a net loss of $0.8 billion, with shares dropping 6.89% in after-hours trading. CEO Lip-Bu Tan outlines plans for recov...

Business

Meta Platforms Inc. Announces Significant Layoffs in Reality Labs Division Affecting Oculus Studios and More

Meta Platforms Inc. has laid off employees in its Reality Labs division, affecting Oculus Studios and hardware teams. The move aims to improve efficiency for future mixed reality p...

Business

T-Mobile's Fiscal 2025 Q1 Earnings Soar: Revenue Hits $16.9 Billion with Stellar Growth

T-Mobile US Inc. reports a 5% revenue increase to $16.9 billion in Q1 2025, with net income up 24.4% and significant customer growth across various segments.

Business

Alphabet Shatters Q1 Forecasts with a Staggering $90.23B Revenue Surge

Alphabet Inc. announced a 12% revenue increase to $90.23 billion in Q1 2025, exceeding expectations and setting a new financial milestone for the company.

Business

Adobe Unveils Groundbreaking AI Image Generation Models for Firefly App on iOS and Android

Adobe announces new AI models for Firefly, including Firefly Image Model 4 and Ultra, with plans for iOS and Android availability. The app will also feature models from partners li...

Business

Merck & Co. Reports a 2% Dip in Q1 Sales to $15.5 Billion Amidst Strong Earnings Growth

Merck & Co. reported a 2% year-on-year sales decline to $15.5 billion in Q1 2025, but net income rose by 7% to $5.1 billion. CEO Robert M. Davis emphasized the company's focus on i...

Business

Nissan Motor Co. Forecasts a Staggering Net Loss Up to $5.3 Billion in 2024 Amid Turnaround Plan

Nissan Motor Co. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while increasing net revenue projections and maintaini...

Business

P&G Reports Slight Dip in Q3 Sales to $19.8B Amid Market Adjustments, Eyes Long-Term Growth

Procter & Gamble Co. reports a 2% decrease in Q3 2025 net sales to $19.8 billion, with stable net earnings of $3.8 billion. The company adjusts its near-term outlook but remains op...