Say goodbye to human models and hello to AI-generated glam bots! Fashion brands like Mango are jumping on the AI bandwagon to speed up ad creation. In July, Mango used these digital beauties in their ads, just before reporting record profits. They plan to use AI models for all future collections, ai
In a surprising turn of events, Chinese electric vehicle (EV) giant BYD has outshone Tesla in quarterly revenue for the first time. BYD's net profit soared by 11. 5% to $1. 63 billion in the third quarter, with total revenue hitting $28. 24 billion, a 24% jump from the same period last year. This im
Sun Country Airlines, known for its hybrid low-cost model, is considering a new partnership with Amazon that could involve special charter flights for dedicated customers. This news came from Sun Country's CEO, Jude Bricker, during a call to discuss the company's financial results. Currently, Sun Co
Call of Duty: Black Ops 6, the latest game from Activision, has become the company's biggest Call of Duty launch ever. Microsoft announced this during their earnings presentation on Wednesday. The game set a new franchise record for the number of players on release day and attracted many new subscri
Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Micro
Elon Musk's AI startup, xAI, founded just last year, is reportedly in early talks to raise billions of dollars. The new funding round could value the company at a whopping $40 billion. This comes just five months after a $6 billion funding round that valued xAI at $24 billion. Why the huge jump? Sil
Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an
Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit
Intel, a major player in the tech world, had a quarter that surprised everyone. Their shares jumped 9% after hours on Thursday due to better-than-expected revenue. Pat Gelsinger, Intel's CEO, has been facing a tough time with the company's performance, but the latest numbers brought some relief. The
Alright, let's talk about what's happening between Boeing and its machinists' union. They've just agreed on a new contract deal that could end a lengthy strike which began back in September. The union's asking its members to approve this deal, saying they've gotten as much as they can from negotiati
