News
Stripe alumni raise €30M Series A for Duna, backed by Stripe and Adyen execs
1+ min ago (351+ words) Based in Germany and the Netherlands, Duna was cofounded by Stripe alumni Duco Van Lanschot and David Schreiber. With customers including Plaid, the startup helps fintech companies onboard business customers more efficiently, reducing the typical churn associated with corporate ID…...
Google to Double Spending as Earnings Beat Wall Street Expectations
5+ min ago (63+ words) AI is supercharging Google's advertising and cloud-computing businesses, and the company is ramping up spending to unheard-of levels. Oops, something went wrong Prediction markets are now on Yahoo Finance Google to Double Spending as Earnings Beat Wall Street Expectations AI…...
'Melania' Surprises With $7 Million In US, Film Made Only $44,960 In UK, $7,696 In Italy: Why Amazon Is Far From Profits
19+ min ago (638+ words) A documentary about First Lady Melania Trump surpassed most estimates for its opening box office revenue. Here's a look at what may have helped the film's success, why the film can't be called a success story for Amazon.com Inc…...
Alphabet won’t talk about the Google-Apple AI deal, even to investors
22+ min ago (332+ words) Alphabet declined to answer one of its investors buring questions about Google's AI deal with Apple on Wednesday's fourth-quarter earnings call. Instead of responding to an analyst's question about how the tech giant is thinking about AI partnerships, such as…...
Amazon Resets Profit Drivers With AI Layoffs Retail Bet And Renewables
30+ min ago (271+ words) Amazon.com (NasdaqGS:AMZN) is carrying out its largest-ever round of corporate layoffs, citing efficiency gains from AI and operational streamlining. Amazon is launching a new mega supermarket concept, starting with a large format store in Chicago, signaling a shift…...
Assessing American Express (AXP) Valuation After Strong Double Digit Revenue And Earnings Growth
32+ min ago (548+ words) American Express (AXP) has jumped back onto investors' radar after reporting double digit revenue and net income gains in Q4 and the full year, backed by heavier spending from affluent and younger cardholders. Luxury purchases, premium card fees and the company's…...
How The Story Behind Mitie Group (LSE:MTO) Is Shifting With New Growth And Valuation Views
33+ min ago (520+ words) Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Mitie Group. Goldman Sachs has reinstated coverage on Mitie Group with a Buy rating and a 230 GBp price target,…...
Amid SpaceX-xAI Merger, Ross Gerber Has This Important Question For Elon Musk-Led Companies: 'When They Are All Out Of…"
49+ min ago (451+ words) Ross Gerber, co-founder of investment firm Gerber Kawasaki, has questioned Elon Musk's strategy of having his companies merge amid the SpaceX'xAI merger. In a post on the social media platform X on Monday, the investor questioned what would happen when…...
Oracle (ORCL) Registers a Bigger Fall Than the Market: Important Facts to Note
1+ hour, 5+ min ago (392+ words) Oracle (ORCL) closed at $146.67 in the latest trading session, marking a -5.17% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. At the same time, the Dow added 0.53%, and…...
What Google's CEO thinks of the future for software companies
1+ hour, 9+ min ago (220+ words) On the company's fourth quarter conference call, Alphabet (GOOG, GOOGL) CEO Sundar Pichai was asked about worries that software companies will lose ground as AI becomes more prevalent. Hear what he had to say about it in the video above....