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Business

Amazon Unveils $4 Billion Plan for AWS Expansion in Chile, Boosting Latin America's Cloud Infrastructure

Amazon announces a $4 billion investment to launch an AWS infrastructure region in Chile by late 2026, aiming to enhance cloud services for various sectors in Latin America and mee...

Business

Disney's Stock Soars 10% as Earnings Exceed Expectations and New Theme Park Announced

Disney's shares surged over 10% after reporting a 7% year-on-year revenue increase to $23.6 billion and upgrading its yearly profit forecast to $5.75 per share, surpassing expectat...

Business

Supermicro Faces Investor Backlash: Shares Drop 5% After Revenue Guidance Slash

Supermicro's shares fell over 5% after cutting its 2025 revenue guidance and reporting a significant drop in net income, despite a year-on-year sales increase.

Business

Tesla Faces a 6% Sales Drop in China Amidst BYD's 20% Surge

Tesla's sales in China dropped by 6% in April, with 58,459 vehicles sold, including a significant decrease in Model 3 and Model Y deliveries. Meanwhile, competitor BYD saw a 20% sa...

Business

OpenAI's Stargate Project Aims for Global Expansion to Champion Democratic AI Values

OpenAI is expanding its Stargate project internationally to promote democratic AI values, offering an alternative to China's technologies. With a $500 billion investment, it's dubb...

Business

Disney Surpasses Q2 Expectations with a Staggering $23.6B Revenue, Shares Soar

Disney reports a 7% increase in Q2 revenue to $23.6 billion, exceeding expectations. Income before taxes rose to $3.1 billion, with Disney+ and Hulu subscriptions reaching 180.7 mi...

Business

Uber Surprises with $11.5B Q1 Revenue, Yet Falls Short of Analyst Expectations

Uber Technologies Inc. reports a 14% increase in Q1 2025 revenue to $11.5 billion, missing analyst forecasts. Despite a net income surge to $1.7 billion from a previous loss, share...

Business

Disney Expands Magic to Abu Dhabi with New Theme Park and Resort on Yas Island

Disney announces a new theme park and resort in Abu Dhabi on Yas Island, blending Disney's entertainment with Abu Dhabi's culture and futuristic vision. The project promises immers...