Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Read more at CNBC
Topics
-
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - Mar. 10 -
Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.CNBC - Mar. 11 -
Germany OKs huge boost in defense spending as Europe gears up for new era
Germany’s parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a ...NBC News - 21h -
Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing
Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...The Guardian - 4d -
Shares of DocuSign surge 14% on strong earnings, AI boost
CEO Allan Thygesen said the company has "started to turn the corner on the core business."CNBC - 5d -
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.CNBC - 3d -
Samsung offers 80/20 revenue share for games on the Galaxy Store
Samsung Electronics announced that it will share 80% of revenues and keep 20% for itself for games on the Samsung Galaxy Store.VentureBeat - 5d -
Saga Origins partners with GFAL to add AI-driven agents into game
Saga Origins is working with Web3 game startup GFAL (Games for a Living) to integrate AI-driven agents into the Diamond Dreams game.VentureBeat - 5d -
Elite women's sports revenue 'set to top £1.8bn in 2025'
Global revenue generated by elite women's sports is predicted to exceed £1.8bn in 2025, with finance experts Deloitte stating the "commercial appeal of women's sport and its athletes has never been ...BBC News - 1d
More from CNBC
-
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - 1h -
Union sues Trump administration for shutting down student loan repayment plans
The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.CNBC - 8m -
Zelenskyy says he will talk to Trump as Russia, Ukraine report overnight strikes
Ukrainian President Volodymyr Zelenskyy said he would hold talks with White House leader Donald Trump, as Moscow and Kyiv reported overnight attacks hours.CNBC - 1h -
Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.CNBC - 16m -
Meta's potential exit from Delaware had governor worried enough to call special weekend meetings
As Delaware lawmakers debate a bill that could dramatically alter the state's corporate law, Meta and CEO Mark Zuckerberg have a lot at stake in the outcome.CNBC - 1h
More in Business
-
Union sues Trump administration for shutting down student loan repayment plans
The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.CNBC - 8m -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 11m -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 11m -
Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.CNBC - 16m -
Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.CNBC - 16m