Apple’s Profit Is Up 27%, but Expectations for Current Quarter Disappoint
After 15 years leading Apple to become a moneymaking behemoth worth nearly $5 trillion, Tim Cook bid adieu to Wall ...
Tag: Company Reports
Big Tech’s A.I. Spending Keeps Rising. So Do the Jitters.
Tech giants are setting records every few months for how much they are spending on artificial intelligence — but this ...
Microsoft Increases Spending on A.I. as Profit Jumps 31%
Microsoft’s spending on artificial intelligence is still going up, but unlike other big technology companies, it appears to have an ...
Meta’s Profit Falls 14 Percent as A.I. Spending Continues
Meta has bet big on artificial intelligence. On Wednesday, it said that bet would not let up.The Silicon Valley company, ...
SK Hynix Reports Strong Earnings, Defying A.I. Market Jitters
For decades, the business of making memory chips had been the digital equivalent of mining raw materials. Production required enormous ...
Intel Benefits From a New Shift in A.I. Spending
The artificial intelligence boom has lifted chipmakers including Nvidia, Micron and South Korea’s SK Hynix.Now Intel, which has begun rebounding ...
Alphabet Quadruples Profit to $112 Billion, Fueled by A.I. Investments
Alphabet, Google’s parent company, said on Wednesday that its investments in artificial intelligence were paying off and driving growth across ...
Tesla Profit Falls Even as Car Sales Rebound
Tesla reported a decline in quarterly profit Wednesday as the company sold more electric cars but made less money on ...
How Volkswagen’s Troubles Were Made in China
Volkswagen has problems around the world, spurring it to announce on Thursday that it would slash the number of models ...
Volkswagen Is Cutting Production as Sales in China Plunge
Volkswagen said Thursday that it would cut the number of models it offered by as much as half to reduce ...
Samsung Made More Profit Last Quarter Than the Last Two Years Combined
Samsung Electronics said that its latest quarterly operating profit was nearly 20 times higher than last year’s, spurred by a ...
Microsoft Disclosure Provides Rare Glimpse of Tax Haven Tactics
A compliance report released by Microsoft this week provided a rare look into how tech giants shift profits out of ...
Tesla Sales Surge 25% on Recovery in Europe
In the United States, electric vehicles account for only about 6 percent of the new car market. Tesla’s U.S. sales ...
Have You Bought a Tesla Recently? We Want to Hear From You.
Sales of Tesla electric vehicles in Europe plunged last year after Elon Musk, the automaker’s chief executive, alienated many people ...
SpaceX Is Now More Valuable Than Amazon, Meta and Many Others
SpaceX’s blockbuster public offering last week was only the beginning. Elon Musk’s rocket maker and artificial intelligence company has gained ...
SpaceX’s Stock Rises Ahead of First Full Day of Trading
SpaceX’s share price was poised for more gains on Monday, as the company was set to begin its first full ...
Anthropic Files to Go Public, Setting Stage for Huge I.P.O.
Anthropic, the artificial intelligence company behind the chatbot Claude, confidentially filed on Monday for an initial public offering, joining what ...
Ferrari’s First Electric Car Runs Into Backlash in Italy and Beyond
Many automakers have found it difficult to sell the public on electric vehicles, and Ferrari is no exception.Investors and car ...
Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam
Another huge quarterly profit announced by the chip maker Nvidia on Wednesday provided solid evidence that Silicon Valley’s artificial intelligence ...
Honda Posts First Ever Annual Loss After Pullback From E.V.s
Honda Motor on Thursday reported its first annual loss since becoming a publicly traded company in Japan seven decades ago, ...
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