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Business

AT&T Reports a Robust 2% Revenue Growth to $30.6 Billion in Q1 2025, Surpassing Expectations

AT&T Inc. announces a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlights customer trust in AT&T Fiber and 5G wirel...

Business

Xiaomi Accelerates Global EV Ambitions with New Research Center in Germany

Xiaomi is expanding its electric vehicle ambitions by establishing a research and development center in Munich, Germany, aiming to globalize its EV sales by 2027. This strategic mo...

Business

Meta Expands Global Ad Reach in Threads: A New Era for Advertisers and Users Alike

Meta Platforms Inc. expands its ad service in the Threads app globally after a successful test phase, offering new opportunities for advertisers while ensuring a transparent and us...

Business

Kering Faces a Challenging Start to 2025 with a 14% Drop in Q1 Revenue to €3.88 Billion

Kering SA announced a 14% drop in Q1 2025 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega...

Business

GE Vernova Surpasses Expectations with an 11% Revenue Jump to $8B in Q1 2025

GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, surpassing estimates and turning last year's loss into a $264M net income. Orders grew by 8%, and the company rea...

Business

Philip Morris International Surges with a 24.6% Jump in Q1 EPS to $1.72 Amidst Global Economic Uncertainty

Philip Morris International reports a significant 24.6% increase in Q1 EPS to $1.72, with net revenue up by 5.8% to $9.3 billion. The smoke-free segment leads with 42% of total rev...

Business

Apple and Meta Hit with Hefty €700M Fines by EU for Breaking Competition Rules

The European Commission fines Apple and Meta €700 million for competition law violations, with Apple restricted App Store alternatives and Meta's unclear data consent model under s...

Business

AT&T Reports Robust Q1 Growth: Revenue Climbs 2% to $30.6 Billion Amid Strong Demand

AT&T Inc. reports a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlights the company's focus on reliable connectivit...