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Business

Coca-Cola Surpasses Expectations with a 6% Revenue Increase to $11.5B in Q4

Coca-Cola announced a 6% increase in Q4 2024 revenue to $11.5 billion, exceeding expectations. Net income rose by 11% to $2.2 billion, with EPS up 12%. The company's all-weather st...

Business

JPMorgan Payments Partners with Klarna to Revolutionize Buy Now, Pay Later Options

Klarna Bank AB and JPMorgan Chase & Co. have partnered to integrate Klarna's Buy Now, Pay Later solutions into J.P. Morgan Payments' platform, offering more flexible financing opti...

Business

Apple Partners with Alibaba Over DeepSeek for Enhanced AI Features on iPhones in China

Apple Inc. has chosen Alibaba over DeepSeek to develop AI features for iPhones in China, leveraging Alibaba's extensive consumer data. This move aligns with Chinese regulations and...

Business

Intel's Stock Soars 10% Following Vice President Vance's AI Infrastructure Commitment

Intel's shares jumped 10% following Vice President JD Vance's speech on the U.S. commitment to leading in AI infrastructure and protecting the semiconductor sector from foreign thr...

Business

Disney Revamps DEI Strategy: A Shift Towards Business-Centric Diversity Initiatives

The Walt Disney Company is modifying its DEI programs to focus more on business outcomes, replacing the "Diversity & Inclusion" performance factor with "Talent Strategy" in executi...

Business

Lyft Achieves a Stunning 27% Revenue Growth in Q4 2024, Reaching $1.6 Billion

Lyft Inc. reports a 27% revenue increase in Q4 2024, reaching $1.6 billion, with a net income of $61.7 million. The company also highlights a 31% revenue growth for the full year, ...

Business

DoorDash Achieves a Stellar 25% Revenue Growth, Reaching $2.9B in Q4

DoorDash Inc. reports a 25% increase in Q4 revenue for fiscal 2024, reaching $2.9 billion, alongside a significant turnaround from net loss to net income, showcasing the company's ...

Business

EU Gives Green Light to Skydance's Ambitious Acquisition of Paramount and NAI

The European Commission has approved Skydance Media's merger with Paramount Global and the acquisition of National Amusements Inc., creating a $28 billion entertainment giant, New ...