TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket |
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Block shares soar as much as 24% as company slashes workforce by nearly half
Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed
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Etsy stock pops on Depop deal despite disappointing revenue, merchandise sales
The Etsy company logo is seen at its headquarters in New York on Dec. 13, 2023. Michael M. Santiago |
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Pinterest shares tank as CEO blames tariffs for revenue miss, weak outlook
Pinterest shares plunged as much as 20% after hours Thursday as CEO Bill Ready said the company “absorbed an exogenous
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Airbnb shares rise on company’s revenue beat, rosy guidance
Shares of Airbnb were up about 2% in extended trading Thursday after the company reported fourth-quarter results that beat expectations
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SoftBank books $4.2 billion gain on OpenAI bet, boosting its Vision Fund
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan
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Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday,
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Shopify stock drops despite revenue beat, $2 billion buyback
Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year.
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Cloudflare rises 5% as AI agent wave led by viral Moltbot boosts security demand
Samuel Boivin | Nurphoto | Getty Images Cloudflare’s stock gained 5% Wednesday after the company beat Wall Street’s fourth-quarter estimates
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HPE CEO Neri pleased with quarter despite AI revenue delays as stock bounces from
Hewlett Packard Enterprise reported weak fourth-quarter revenue and server numbers, but beat earnings expectations and reaffirmed its fiscal year guidance
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