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Business

Blackstone Reports a 10.8% Drop in Q1 Revenue Amid Market Turbulence, Yet Sees Strong Investor Trust

Blackstone Inc. announced a 10.8% decrease in Q1 revenue to $3.28 billion, attributed to lower earnings in key segments. Despite this, the firm saw a 10% increase in AUM to $1.17 t...

Business

Netflix's Bold Strategy: Original Content and Price Hikes to Drive Q1 Growth Beyond Expectations

Netflix anticipates a strong Q1 with revenue growth of 11%-12%, aiming for a $1 trillion market cap by 2030. The streaming giant added 40 million subscribers in 2024, driven by ant...

Business

Breaking: Spirit Airlines Set to Welcome Dave Davis as New CEO Amid Financial Restructuring

Spirit Airlines is expected to name Dave Davis as its new CEO, replacing Ted Christie. Davis, with a strong background in the airline industry, steps in as the airline seeks to rec...

Business

Trump Media Demands SEC Probe Into Suspicious DJT Stock Trading Linked to UK Hedge Fund

Trump Media & Technology Group urges SEC to investigate suspicious DJT stock trades linked to a UK hedge fund, highlighting concerns over market manipulation and calling for greate...

Business

Nvidia's CEO Jensen Huang Meets China's VP He Lifeng Amid US Chip Export Restrictions

Chinese Vice Premier He Lifeng met with Nvidia CEO Jensen Huang in Beijing to discuss expanding Nvidia's presence in China, amidst US restrictions on AI chip exports affecting Nvid...

Business

Lockheed Martin Announces CFO Jesus Malave's Departure, Evan Scott Steps In Immediately

Lockheed Martin announces CFO Jesus Malave's departure and appoints Evan Scott as the new CFO immediately. With 26 years at the company, Scott is seen as a capable leader to drive ...

Business

American Express Q1 2025 Financial Results Show Robust 7% Revenue Growth to $16.96B

American Express reports a 7% revenue growth in Q1 2025, reaching $16.96 billion, with net income up by 6% and EPS increasing by 9%. CEO Stephen Squeri attributes the strong perfor...

Business

SpaceX Leads the Race for Trump's Golden Dome Defense Initiative with High-Tech Allies

SpaceX, alongside Palantir and Anduril, is leading the competition for Trump's Golden Dome defense project, aiming to develop a missile defense system inspired by Israel's Iron Dom...