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Business

Snap Inc. Surpasses Expectations with a 14% Revenue Jump to $1.36 Billion in Q1

Snap Inc. reports a 14% revenue increase to $1.36 billion in Q1 2025, with DAUs growing 9% to 460 million. Operating and net losses show significant improvement, and adjusted EBITD...

Business

Booking Holdings Reports 8% Revenue Growth to $4.8 Billion in Q1 2025 Amidst Market Uncertainties

Booking Holdings Inc. reports an 8% revenue increase to $4.8 billion in Q1 2025, despite a 57% drop in net income. Gross travel bookings grew by 7% to $46.7 billion. CEO Glenn Foge...

Business

UnitedHealth Group Shakes Up Leadership: Dr. Patrick Conway Takes Helm as Optum CEO

UnitedHealth Group announces key leadership changes with Dr. Patrick Conway becoming the new CEO of Optum, replacing Heather Cianfrocco who moves to a broader corporate role, as pa...

Business

Tesla Accelerates Electric Semi Truck Production with 1,000 New Hires in Nevada

Tesla is expanding its electric Semi truck production by hiring over 1,000 workers at its Nevada plant, aiming to produce up to 50,000 units annually by 2026.

Business

Mondelez Reports Modest Q1 Revenue Growth Amidst Significant Profit Declines and Cocoa Cost Challenges

Mondelez International reports a 0.2% revenue increase to $9.3 billion in Q1 2025 but faces a steep 71.5% drop in net earnings to $402 million, attributed to rising cocoa costs and...

Business

Starbucks Reports a 2.3% Revenue Growth in Q2 2025, Reaching $8.8 Billion

Starbucks Corporation announced a 2.3% increase in Q2 2025 revenues, reaching $8.8 billion, compared to the previous year, highlighting its growth in the global market.

Business

Mondelez International Reports Slight Revenue Growth in Q1 2025 Amid Challenging Market Conditions

Mondelez International reports a slight revenue growth of 0.2% to $9.3 billion in Q1 2025, highlighting resilience in challenging market conditions. More insights to follow.

Business

Visa's Fiscal Q2 Triumph: Net Revenue Soars 9% to $9.6B Amidst Robust Payment Growth

Visa Inc. announced a 9% increase in net revenue to $9.6 billion for Q2, driven by growth in payments and cross-border transactions, with a net income rise to $4.6 billion.