REVENUE GROWTH

Jun 06 2025TECHNOLOGY

Broadcom's Big Bet on AI Pays Off

Broadcom recently shared its second-quarter earnings, and it was a big win. The company made more money than experts thought it would. This success is partly thanks to its focus on custom chips for artificial intelligence. These chips are in high demand, especially from big tech companies. The company's revenue grew by 20% compared to the same time last year. This i...

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May 29 2025TECHNOLOGY

Nvidia's Chip Sales Soar Amid Trade Turmoil

Nvidia's chip sales have skyrocketed, defying trade tensions and market volatility. This tech giant saw a massive 69% increase in chip sales in the first quarter of 2025, compared to the same time last year. This surge is largely due to the company's advanced chips, which are crucial for artificial intelligence (AI) technology. The tech world has been on e...

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May 06 2025BUSINESS

Hinge Health's Big Leap: Revenue Soars Despite Market Jitters

Hinge Health, a digital physical therapy startup, has just shared some impressive numbers. Their first quarter of the year saw a 50% jump in revenue. That is a huge increase. This brings their total revenue for the quarter to $123. 8 million. This is a significant leap from the $82. 7 million they made in the same period last year. Even their fourth quarter show...

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Apr 12 2025BUSINESS

Budget Carrier Slashes Flights Amidst Uncertain Times

The airline industry is feeling the pinch. Frontier Airlines has decided to cut back on flights. This move comes after a noticeable drop in travel demand, especially in March. The company also pulled its full-year forecast. This means they are unsure about what the rest of the year will bring. The budget airline also had to lower its expectations for the first quart...

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Feb 01 2025TECHNOLOGY

Cloud Expectations Out of Reach for Microsoft

Microsoft, a tech giant, released its earnings report which showed some good, but also some not-so-good news and has shaken analysts' faith in the company's aggressive expansion in artificial intelligence. It hit above-expectations with the total revenue for the quarter going up 12%. The company fell short in one major area: Azure, its cloud platform. The revenue gro...

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Nov 16 2024BUSINESS

Alibaba's Revenue Rises as Profits Boosted by Investments

Alibaba, China's big name in e-commerce, entertainment, and tech, saw its revenues go up by 5% to about $33. 7 billion in the recent quarter. This was the result of a 63% jump in net profits to $6. 25 billion. But it's not all straightforward - some of this boost came from changes in the value of their equity investments and improvements in their income from operatio...

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Nov 05 2024BUSINESS

Palantir's Shares Soar After Boosted Guidance

Palantir Technologies, a data analytics software company, saw its shares surge by a whopping 23% on Tuesday, setting a new record high. This jump came after the company released impressive third-quarter results and optimistic future predictions. The stock price hit $51. 19, surpassing its previous peak of $45. 14 from the week before. This significant increase was th...

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Nov 02 2024BUSINESS

Google's AI Bet Pays Off Despite Legal Troubles

Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily in artificial intelligence (AI). Google is spending a lot on AI to st...

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Oct 31 2024BUSINESS

Meta's Profits Jump 35% Thanks to Ads and AI

Meta, the company behind Facebook, Instagram, and WhatsApp, reported a 35% increase in quarterly profits. This boost is mainly due to strong advertising revenue and their push into artificial intelligence (AI). However, they warned about big spending on infrastructure for AI next year. Meta makes most of its money from ads on its platforms. So, a slight drop in dail...

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Sep 16 2024BUSINESS

The Secret to Lego's Enduring Success: A Commitment to Perfection

Lego, the iconic toy brand, has been a staple of childhood play for 92 years. With a vast array of sets and themes, it's no wonder why Lego has remained a beloved brand, even in an era dominated by digital entertainment. So, what's behind Lego's enduring success? Is it the colorful bricks, the creative potential, or something more? As it turns out, it's a combination...

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