Enterprise

Airbnb’s recent fourth-quarter earnings report has ignited excitement among investors, as shares soared 15% in after-hours trading. The company not only exceeded analysts’ expectations with an earnings per share (EPS) of 73 cents, juxtaposed with the anticipated 58 cents, but it also showcased revenue that outstripped forecasts. Total revenue came in at $2.48 billion, surpassing
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In the dynamic landscape of fintech, Affirm stands out by innovating its services under the leadership of its founder, Max Levchin. Originally established to revolutionize the buy now, pay later (BNPL) model, Affirm recently made significant progress in broadening its services beyond credit to encompass the debit card arena. This noteworthy expansion, which began four
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The field of artificial intelligence (AI) is rapidly evolving, characterized by fierce competition among leading tech companies. Recently, the emergence of China’s Deepseek has stirred considerable discussion within the industry. In a statement that has resonated globally, Demis Hassabis, CEO of Google DeepMind, acknowledged Deepseek as potentially the most impressive work originating from China to
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Verily, the health tech subsidiary of Alphabet, has confirmed its decision to sell Granular Insurance Company to Elevance Health, a notable player in the insurance sector. This move is part of a broader trend of dramatic organizational changes within Verily, which has undergone significant restructuring in the wake of leadership transitions and workforce reductions. The
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As Amazon prepares to release its fourth-quarter earnings report, scheduled for Thursday after the market closes, analysts and investors are eager to glean insights into the company’s financial health and future prospects. Expectations set by LSEG indicate that Amazon will report earnings of approximately $1.49 per share and generate revenue around $187.3 billion. Such figures
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In the ever-evolving landscape of ride-sharing services, Uber Technologies Inc. remains a significant player, revealing a complex financial narrative as it disclosed its fourth-quarter results. Despite showing an impressive year-over-year revenue increase, investor sentiment took a hit post-announcement, particularly as guidance for the upcoming quarter fell short of expectations. Uber’s fourth-quarter performance painted a picture
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