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Business

Alphabet Shatters Expectations with a 12% Revenue Surge to $96.5B in Q4

Alphabet Inc. reports a 12% revenue increase in Q4, reaching $96.5 billion, matching market expectations. The tech giant's financial health and strategic direction are under the sp...

Business

Ferrari Accelerates with a 14% Revenue Boost in Q4, Eyeing a Robust 2025

Ferrari NV reports a 14% increase in Q4 2024 revenue to €1.7 billion, with a 31% jump in net profit. The company forecasts robust growth into 2025, aiming for over €7 billion in ne...

Business

Deel Sets Sights on 2026 IPO: A Bold Move for the HR Software Giant

Deel, a human resources software startup, plans for an IPO by 2026, boasting an $800 million annual revenue run rate and a $12.6 billion valuation, with new shareholders General Ca...

Business

GM Slashes Cruise Workforce Following Strategic Shift Away from Robotaxis

General Motors announces a 50% workforce reduction at its Cruise Robotaxi division following a strategic decision to cease funding, highlighting the competitive and costly nature o...

Business

Palantir's Stock Surges 20% in Premarket Following Stellar Earnings Report

Palantir Technologies Inc. saw its stock soar by 20% in premarket trading after reporting a fourth-quarter revenue of $828 million, significantly exceeding market expectations. Thi...

Business

Fox Corporation Soars: A 20% Revenue Surge to $5.1B in Q2 2025

Fox Corporation reported a 20% YoY revenue increase to $5.1B in Q2 2025, driven by a 21% rise in advertising revenues and a 6% increase in affiliate fees. Net income soared by 237%...

Business

Scale AI CEO to Discuss China's DeepSeek AI Threat with Trump Administration and Lawmakers

Scale AI CEO Alexandr Wang is meeting with Trump administration officials and lawmakers to discuss the national security implications of China's DeepSeek AI. This follows a letter ...

Business

JK Tyre Plans Strategic Price Adjustments in Q4 to Counteract Rising Raw Material Costs

JK Tyre announces plans for further price revisions in Q4 to offset rising raw material costs, with strategic measures including cost reductions and product mix enhancement. The co...