Business News

Business

Pfizer's Financial Resilience Shines: Q1 Revenue Hits $13.7 Billion Despite 8% Dip

Pfizer Inc. announced its Q1 2025 financial results, revealing an 8% annual revenue decrease to $13.7 billion. Despite a 5% drop in net income and EPS, the company's shares rose by...

Business

Alibaba Unveils Revolutionary Qwen 3 AI Model: A Leap Forward in Hybrid Thinking Technology

Alibaba Group introduces the Qwen 3 series of large language models, showcasing advancements in AI performance, scalability, and efficiency. The flagship model rivals top-tier comp...

Business

UPS Reports Slight Revenue Dip to $21.5B in Q1 2025 Amid Strategic Cost-Cutting Moves

UPS announced a slight revenue decrease to $21.5B in Q1 2025 but outperformed expectations. With a net income of $1.18B and strategic cost-cutting measures, the company aims for st...

Business

Spotify Hits Record 678M Monthly Active Users in Q1 2025, Stock Dips Despite Growth

Spotify Technology S.A. reports a 10% increase in monthly active users to 678 million in Q1 2025, with premium subscribers up 12% to 268 million. Despite revenue growth to €4.2 bil...

Business

NPCI's New UPI Rule: Banning Nicknames to Ensure Safer and Error-Free Transactions for Users

The NPCI has mandated that UPI applications display only the bank-registered names of beneficiaries to enhance transaction safety and reduce fraud. This move, effective by June 30,...

Business

UPS Reports a Slight Dip in Q1 Revenue to $21.5B, Yet Surpasses Analyst Forecasts

UPS announced a 0.7% annual decline in Q1 revenue to $21.5 billion, slightly outperforming analyst expectations. The company's financial performance and future outlook are under sc...

Business

Spotify Hits Record 678M Monthly Active Users in Q1 2025, Marking a 10% Surge

Spotify Technology S.A. reports a 10% increase in monthly active users, totaling 678 million in Q1 2025, showcasing its growing dominance in the streaming industry.

Business

Deutsche Bank Surges with a 39% Profit Leap to €2B in Q1 2025

Deutsche Bank reports a 39% increase in Q1 2025 profit to €2 billion, marking its best quarterly performance in fourteen years, with a 10% rise in net revenues and a cost/income ra...