Revenue Teams
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Apple Revenue Expected to Decline
The tech giant has been hit by a range of issues in recent months. It and Tesla are the only two of the “Magnificent Seven” big tech stocks in the red in 2024.The Wall Street Journal - World - Apple -
Pinterest Stock Jumps on Higher Revenue, Narrower Loss
Pinterest shares jumped after the social-media platform reported higher quarterly revenue and a narrower loss.The Wall Street Journal - World -
Pinterest Records Higher Revenue, Narrower Loss
The social-media platform surpassed half a billion monthly active users and reporting 23% revenue growth, its fastest user and revenue growth since 2021. Shares rose 16% premarket.The Wall Street Journal - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
Tesla Layoffs Hit Supercharger Team
Musk cuts loose an entire division, including senior director Rebecca Tinucci and her team working on charging infrastructure.Inc. - Business - Tesla -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.The New York Times - Business -
Norwegian Cruise’s stock falls after revenue missed, despite record bookings
Norwegian Cruise’s stock slumped Wednesday, after the cruise operator beat first-quarter profit expectations and raised its full-year outlook amid continued record demand, but missed revenue expectations for the first time in seven quarters.MarketWatch - Business -
Super Micro plummets 14% after posting revenue miss
Super Micro Computer shares plunged on Wednesday after the server company reported third-quarter revenue that slightly missed estimates.CNBC - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Why Small-Business Owners Are Optimistic About 2024 Revenue--but Not the Economy
A new survey unpacks the reasons behind entrepreneurs' rosy outlook and reveals why they're less bullish on the economy overall.Inc. - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Tesla Fires Charger Team Amid Hundreds of Layoffs
The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.The New York Times - Top stories - Tesla -
Team of the week: Lewandowski, Isak and Madueke star
ESPN and WhoScored bring you the best players from around Europe.ESPN - Sports -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Will the French Olympic Team Be Best Dressed at the Opening Ceremony?
Carine Roitfeld teamed up with Berluti to sprinkle some fashion fairy dust on the designs. Here’s the verdict.The New York Times - Lifestyle -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Tesla Fires Charger Team Amid Hundreds of Layoffs
The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.The New York Times - Business - Tesla -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Chinese women are teaming up with strangers to save money
They are finding new ways to cut back on household spending as China’s economy loses steam.BBC News - Top stories - China