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Business

Amazon Shatters Expectations with a Staggering $187.8B in Q4 Net Sales

Amazon.com Inc. reports a 10.5% increase in Q4 net sales to $187.8 billion, beating expectations. Net income surged 89% to $20 billion, with diluted EPS up 86% to $1.86. AWS net sa...

Business

Pinterest Achieves Record Q4 Revenue: A Closer Look at the 18% Surge to $1.1 Billion

Pinterest Inc. reports an 18% revenue increase in Q4 2024, reaching $1.1 billion, with net income soaring 818% to $1.85 billion. The company also achieved a record 553 million mont...

Business

Philip Morris Surpasses Expectations with a 7.3% Revenue Increase in Q4

Philip Morris International Inc. announced a 7.3% increase in Q4 revenue to $9.7 billion, with adjusted earnings per share of $1.55 beating expectations. The company also reported ...

Business

Spotify and Warner Music Seal Groundbreaking Multi-Year Streaming Deal

Warner Music Group and Spotify have announced a transformative multi-year agreement aimed at enhancing music streaming and artist revenues. This partnership introduces a direct lic...

Business

Honeywell Announces Major Restructuring: Splitting into Three Independent Companies

Honeywell International Inc. plans to split into three independent companies by separating its automation, aerospace, and advanced materials divisions, aiming to unlock significant...

Business

Philip Morris Surpasses Expectations with a 7.3% Revenue Increase in Q4 2024

Philip Morris International Inc. announced a 7.3% increase in Q4 2024 revenue to $9.7 billion, with adjusted earnings per share beating expectations at $1.55. The company saw growt...

Business

Eli Lilly Reports Stellar 45% Revenue Growth in Q4 2024, Surpassing Expectations

Eli Lilly and Co. reported a 45% increase in Q4 2024 revenue to $13.5 billion, with net income up 101% to $4.4 billion. The company anticipates 2025 revenue between $58 billion and...

Business

From Skeptic to Believer: Sam Altman Champions India's Role in AI Revolution

Sam Altman, OpenAI's founder, now sees India as a key player in the AI revolution, praising its technological embrace and innovation. India's strategic importance and cost-effectiv...