AIG Reports a 41% Drop in Q1 Net Income to $698M Amid Challenging Quarter
AIG announces a 41% slump in Q1 net income to $698M, with a slight per-share increase. Despite challenges, investment income grows, and shares hold steady.
Business News
Mastercard's Q1 Earnings Soar: A 14% Revenue Jump to $7.3B Unveiled
Mastercard's first-quarter revenue jumps 14% to $7.3 billion, driven by cross-border transactions and payment volumes. Net income rises to $3.3 billion, with strategic partnerships...
Apple Faces Challenges: Stock Slump, AI Delays, and Tariff Risks Ahead of Q2 Earnings
Apple prepares for Q2 2025 earnings amid a 15% stock slump, AI strategy delays, and geopolitical risks. Despite challenges, gains in Mac, iPad, and services may offset iPhone reven...
Microsoft in Talks to Host Elon Musk's Grok AI on Azure, Sparking Potential OpenAI Tensions
Microsoft is reportedly preparing to host Elon Musk's Grok AI on Azure, a move that could enhance its AI offerings but may also spark tensions with OpenAI. The deal would allow dev...
Amgen Surpasses Expectations with a 9% Revenue Surge to $8.1 Billion in Q1 2025
Amgen Inc. announced a 9% revenue increase to $8.1 billion in Q1 2025, surpassing estimates with a net income of $1.7 billion. CEO Robert Bradway highlights strong global demand an...
Reddit's Stellar Q1 Performance: Revenue Jumps 61% to $392.4 Million, Beating Estimates
Reddit Inc. reports a 61% surge in Q1 revenue to $392.4 million, with net income reaching $26.2 million, a turnaround from last year's loss. Daily active users grew by 31%, and the...
Amgen Surges Ahead: Q1 Revenue Climbs 9% to $8.1 Billion, Beating Forecasts
Amgen Inc. reports a 9% revenue increase to $8.1 billion in Q1 2025, with GAAP net income reaching $1.7 billion. CEO Robert Bradway highlights strong global demand and successful p...
Amazon Shatters Expectations with a 9% Surge in Q1 Net Sales to $155.7 Billion
Amazon.com Inc. reports a 9% increase in Q1 net sales to $155.7 billion, surpassing estimates and showcasing strong growth in fiscal 2025.
Popular News
