Latest in MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
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MicroStrategy raises another $600 million from preferred stock sales to buy bitcoin
The company announced in its last earnings report a plan to raise $42 billion to buy bitcoin in three years. It’s already spent nearly half of that.MarketWatch - 2h -
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went on a buying spree last quarter.CNBC - 3h -
Uber beats fourth-quarter revenue expectations but offers soft guidance
Uber's mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting $6.77 billion.CNBC - 7h -
PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.CNBC - 1d -
Pfizer’s stock falls despite fourth-quarter revenue and earnings beat. This analyst expects growth to accelerate.
Pfizer Inc. shares fell 2% Tuesday despite the drugmaker topping Wall Street’s revenue and profit estimates in its fourth-quarter results.MarketWatch - 1d -
OpenAI unveils new "deep research" tool for ChatGPT
OpenAI, the makers of ChatGPT, just unveiled a new tool called "deep research" that the company says can produce detailed reports by using reasoning to synthesize large amounts of complex data. ...CBS News - 1d -
OpenAI Unveils New A.I. Agent for Research
The tool, called Deep Research, arrives days after OpenAI released another one, which shops for groceries and books restaurant reservations.The New York Times - 3d -
Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 6d -
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.CNBC - 6d -
Eurozone economy unexpectedly flatlines in fourth quarter
GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023Financial Times - 6d -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.NBC News - 6d -
GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.CNBC - 6d -
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.The New York Times - 6d -
US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 6d -
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Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.CNBC - 6d -
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...The Guardian - Jan. 30 -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - Jan. 29 -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - Jan. 29 -
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.CNBC - Jan. 29 -
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI
Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...The Guardian - Jan. 29 -
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments
Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...The Guardian - Jan. 29 -
MicroStrategy adds another bull to its side, and yes, it’s all about bitcoin
MicroStrategy’s stock is set to snap the longest losing streak it’s seen in a year after adding another bullish analyst on bitcoin to its camp.MarketWatch - Jan. 29 -
MicroStrategy is still loading up on bitcoin, but the pace of buying is slowing
In a little less than three months, MicroStrategy has spent nearly half of its three-year, $42 billion capital plan to buy bitcoin.MarketWatch - Jan. 28 -
'World's first downside protected bitcoin ETF': Calamos unveils a safer way to play crypto
A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing.CNBC - Jan. 23 -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - Jan. 23 -
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - Jan. 23 -
OpenAI Unveils New Agent Tool ‘Operator’
The new tool, called Operator, can shop for groceries or book a restaurant reservation. But it still needs help from humans.The New York Times - Jan. 23 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...The Guardian - Jan. 21 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Commanders lead Lions 45-31 in fourth quarter of NFL divisional game
Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?NBC News - Jan. 18 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Bitcoin accelerates its slide, falling toward $90,000 to start the week
Bitcoin at one point dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks.CNBC - Jan. 13 -
Hyundai unveils new electric SUV amid uncertainty
It's an uncertain time in the electric vehicle market, but Hyundai Motors is preparing to release a highly anticipated new electric SUV. The company's global CEO opened up about the new vehicle and ...CBS News - Jan. 11 -
Nvidia unveils Isaac GR00T blueprint to accelerate humanoid robotics
Nvidia announced the Isaac GR00T blueprint to accelerate humanoid robotics development using large synthetic datasets.VentureBeat - Jan. 7