Business News

Business

Amazon Shatters Q2 Expectations with Record $167.7B in Sales and AI-Driven Growth

Amazon reported a 13% increase in Q2 net sales to $167.7B, surpassing forecasts. Net income rose 35% to $18.2B, with EPS at $1.68. AWS operating income grew 9% to $10.2B. Q3 2025 s...

Business

Paramount Global Reports a Slight Revenue Increase to $6.8 Billion in Q2 2025

Paramount Global reported a 1% revenue increase to $6.8 billion in Q2 2025, with significant improvements in operating income and earnings per share. The DTC segment grew by 15%, w...

Business

Figma's Stunning NYSE Debut: Shares Soar 158% to $85, Defying Expectations

Figma's NYSE debut was nothing short of spectacular, with shares skyrocketing 158% to $85, raising $1.2 billion and achieving a valuation of $45.58 billion, despite a failed $20 bi...

Business

Reddit's Q2 2025 Revenue Soars to $500M, Surpassing Expectations with a 78% Increase

Reddit Inc. reports a 78% revenue increase to $500M in Q2 2025, turning around from a net loss to a $89M profit, with daily active users up by 21% to 110.4 million.

Business

Ray Dalio Bids Farewell to Bridgewater: A New Chapter Begins as Brunei Steps In

Ray Dalio exits Bridgewater, selling his final stake and stepping down from the board. The Brunei Investment Agency acquires a significant share, marking a new era for the hedge fu...

Business

Coinbase Expands Horizons: Tokenized Stocks and More Coming to US Users First

Coinbase is launching an "everything exchange" for US users, featuring tokenized stocks, prediction markets, and early-stage token sales, with plans for global expansion. This init...

Business

Apple Shatters Q3 Expectations with a Staggering $94B Revenue, iPhone Sales Lead the Charge

Apple Inc. announced a 10% revenue increase to $94 billion in Q3 2025, surpassing expectations. iPhone sales led with $44.5 billion, and services grew by 13.2%. Global sales rose, ...

Business

India's Rail Network Expansion: Cabinet Greenlights Four Major Multi-Tracking Projects to Decongest Routes

The Union Cabinet approves four multi-tracking railway projects across six states to decongest routes and reduce logistics costs, with an estimated investment of Rs 11,169 crore. T...