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Apple's Q4 Revenue Beats Estimates, But Shares Fall: AI Strategy Key
Apple's Q4 Revenue Beats Estimates, But Shares Fall: AI Strategy KeyNovember 1, 2023 Apple on Thursday after the market closed reported fiscal fourth-quarter earnings that beat analysts' expectations, but its shares fell about 2% in after-hours trading. The company reported revenue of $94...
Industry dynamics 2024-11-01 07:56:43 -
Tesla's Self-Driving Taxis Unlikely to Launch Next Year: Zoox Co-founder
Tesla's Self-Driving Taxis Unlikely to Launch Next Year: Zoox Co-founder Despite Tesla CEO Elon Musk's recent claims of launching a self-driving taxi service next year, Jesse Levinson, co-founder and CTO of Amazon-owned self-driving car company Zoox, believes it's unlikely to happen in California or anywhere else. "The major issue is they lack reliable technology," Levinson said on Wednesday at the TechCrunch Disrupt 2024 conference...
Industry dynamics 2024-10-31 14:06:03 -
Samsung Electronics' Third-Quarter Profit Growth Slows as Chip Business Recovers Weakly
Samsung Electronics' Third-Quarter Profit Growth Slows as Chip Business Recovers WeaklySamsung Electronics Co., Ltd...
Industry dynamics 2024-10-31 13:59:23 -
Meta's Q3 Earnings Beat Estimates: AI Boosts Revenue Growth, But Costs Remain a Concern
Meta's Q3 Earnings Beat Estimates: AI Boosts Revenue Growth, But Costs Remain a ConcernOctober 31: Facebook parent company Meta reported better-than-expected earnings for the third quarter ended Sept. 30, with revenue rising 19% year-over-year...
Industry dynamics 2024-10-31 08:25:18 -
Microsoft's Q1 Revenue Exceeds Expectations, AI Fueled Strong Azure Growth
Microsoft's Q1 Revenue Exceeds Expectations, AI Fueled Strong Azure GrowthOn October 31, after the US stock market closed, Microsoft released its financial results for the first quarter of fiscal year 2025, ending September 30, 2024. The report showed revenue of $65...
Industry dynamics 2024-10-31 08:16:59 -
Billionaire Musk Secretly Buys Three Mansions in Austin to Create a "Mega-Family" Compound
Billionaire Musk Secretly Buys Three Mansions in Austin to Create a "Mega-Family" CompoundElon Musk, the world's richest man, has reportedly purchased three mansions in Austin, Texas, in secret. According to insiders, the properties are primarily for his children and their mothers, with the aim of building a "mega-family" compound...
Industry dynamics 2024-10-30 14:17:56 -
Intel's Path to Revival Under Gelsinger: Ambitious Goals and Real Challenges
Intel's Path to Revival Under Gelsinger: Ambitious Goals and Real ChallengesThree years ago, when Pat Gelsinger took the helm of Intel, he envisioned a comeback for the American industrial giant. However, his revitalization path quickly hit a major snag...
Industry dynamics 2024-10-30 14:10:26 -
Apple's India Manufacturing Business Booms, iPhone Exports Set to Exceed $10 Billion
Apple's India Manufacturing Business Booms, iPhone Exports Set to Exceed $10 BillionApple's iPhone exports from India surged by a third year-on-year to nearly $6 billion in the April-September period, highlighting the company's growing local manufacturing operations. Sources reveal that Apple's global exports from India are expected to top $10 billion in the fiscal year 2024...
Industry dynamics 2024-10-30 08:12:11 -
Alphabet, Google's Parent Company, Exceeds Revenue and Profit Expectations in Q3, Driven by Strong Cloud Growth
Alphabet, Google's Parent Company, Exceeds Revenue and Profit Expectations in Q3, Driven by Strong Cloud GrowthOctober 30, 2024 - Alphabet, the parent company of Google, announced its third-quarter earnings for the fiscal year 2024 on Tuesday, ending September 30. The report revealed that Alphabet's revenue reached $88...
Industry dynamics 2024-10-30 07:55:55 -
Open Source Freedom: SUSE Leads Businesses Into the Digital Future
Open Source Freedom: SUSE Leads Businesses Into the Digital FutureJune 30th, 2024 marked a significant turning point in the open source community with the complete shutdown of all CentOS versions. As businesses become increasingly reliant on technology, the freedom to choose becomes paramount...
Industry dynamics 2024-10-29 16:15:17 -
Mainland China Companies' IPO Spree in US and Hong Kong Revives: Growth Expected Next Year
Mainland China Companies' IPO Spree in US and Hong Kong Revives: Growth Expected Next YearMultiple technology analysts predict an upsurge in IPO activity from Mainland China companies in the US and Hong Kong markets next year. This forecast is fueled by the success of several high-profile listings outside Mainland China this year, boosting investor confidence in the profitability and exit strategies of these companies after going public...
Industry dynamics 2024-10-29 14:52:17 -
Trump Again Attacks TSMC, Accuses It of "Stealing" US Chip Industry, Company's Stock Drops
Trump Again Attacks TSMC, Accuses It of "Stealing" US Chip Industry, Company's Stock DropsFormer US President Donald Trump, in a recent interview, once again targeted Taiwan Semiconductor Manufacturing Company (TSMC), accusing it of "stealing the US chip industry." Trump further stated that if he were re-elected as President, he would impose tariffs on chips originating from Taiwan...
Industry dynamics 2024-10-29 14:50:37
