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Business

Tesla's Q4 Financials: A 2% Revenue Increase to $25.7B Falls Short of Expectations

Tesla Inc. reported a 2% increase in Q4 revenue to $25.7 billion, missing estimates. Despite a 3% rise in diluted earnings per share to $0.73, net income fell by 71% year-on-year. ...

Business

Meta Platforms Inc. Shatters Expectations with a 50% EPS Surge in Q4

Meta Platforms Inc. reports a 50% surge in EPS to $8.02 for Q4, with revenues hitting $48.4 billion, a 21% increase from 2023. Full-year revenue rose 22% to $164.5 billion, with EP...

Business

Elon Musk Reveals Ongoing Discussions with Automakers for Full Self-Driving Technology Licensing

Elon Musk announces Tesla is in talks with other automakers to license its Full Self-Driving technology, potentially speeding up the global adoption of autonomous driving features.

Business

Levi Strauss Reports a 12% Surge in Q4 Revenue to $1.8 Billion

Levi Strauss and Co. reports a 12% increase in Q4 net revenue to $1.8 billion, with a 44% rise in net income. The fiscal year saw a 3% revenue increase, despite a decrease in net i...

Business

IBM Surpasses Expectations with a 1% Revenue Increase to $17.6 Billion in Q4

IBM reports a 1% revenue increase to $17.6 billion in Q4 2024, with a significant rise in its generative AI business. Despite a drop in earnings per share, the company's stock jump...

Business

Italian iPhone Users Blocked from Accessing DeepSeek's AI App on App Store

Italian iPhone users face access issues with DeepSeek's AI app on the App Store, following a Data Protection Authority inquiry into the app's data handling practices. The DPA seeks...

Business

Microsoft Shatters Expectations with a Staggering $69.6B Revenue in Q2 2025

Microsoft Corporation reports a 12% increase in Q2 2025 revenue, reaching $69.6 billion, surpassing analysts' estimates. Despite a miss in intelligent cloud revenue, the company's ...

Business

Infosys and Siemens Deepen AI Collaboration to Revolutionize Digital Learning

Infosys and Siemens are expanding their partnership to enhance digital learning through AI, introducing features like an AI knowledge assistant, multilingual content creation, and ...