Tag Archives: Revenue

Nvidia’s solid second-quarter earnings report showed how good it is to be the seller of the best pickax in the town with the big gold mine. All of the big AI players are racing to pour hundreds of billions of dollars into ever-larger data centers to out-gigawatt their competitors in the space. And those data centers are usually stacked to …

Marvell Technology Group Ltd. headquarters in Santa Clara, California, US, on Friday, Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker’s data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here’s how the company did in comparison with …

Cambricon, a China-based semiconductor firm, posted record profits in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in China has been tied up …

NVIDIA (NASDAQ: NVDA) posted another blockbuster quarter, with revenue climbing 56% year-over-year to $46.7 billion in fiscal Q2 2026, driven by surging demand for its Blackwell AI platform. Net income surged 59% to $26.4 billion, while earnings per share rose to $1.08, beating estimates. The company’s data center segment — the engine of its AI dominance — delivered $41.1 billion …

Icons Tiny Plants by Lego. James Manning – Pa Images | Pa Images | Getty Images Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of its biannual earnings report on …

President Donald Trump’s hike in tariffs is projected to generate enough revenue to cut federal deficits by $4 trillion over the next decade, according to the latest analysis by the Congressional Budget Office (CBO). The nonpartisan agency said it had updated its estimates of tariff revenues as part of the development of the short-term economic forecast covering 2025 to 2028, …

Perplexity to Let Publishers Share in Revenue from AI Searches  Bloomberg.com Perplexity to give media giants share of AI search revenue — as it faces massive legal pressures  nypost.com Perplexity Launches Subscription Program That Includes Revenue Sharing With Publishers  PYMNTS.com Perplexity AI Rolls Out New Revenue-Sharing Program for Publishers  TipRanks Perplexity To Offer Publishers Share In Revenue From AI Searches: Report  Stocktwits Source link

By Jaspreet Singh (Reuters) -Intuit (INTU) forecast first-quarter revenue growth below analysts’ estimates on Thursday, hit by sluggish performance at its marketing platform Mailchimp, sending the shares down nearly 6% before the bell on Friday. The company provides products such as tax-preparation software TurboTax, personal finance portal Credit Karma and accounting software QuickBooks. Mailchimp, acquired in 2021 and housed within …

Topline Target posted another quarter of declining sales Wednesday—but not quite as steep as their first quarter sales drop as the big box retailer struggles to recover after facing consumer backlash and tariff pressure. Big box retailers including Lowe’s, Home Depot and Walmart release earnings this week, which could indicate the impact of tariffs on spending. Getty Images Timeline Net …

Pop Mart sees revenue hitting over $4 bln this year, to launch mini Labubus  Reuters Pop Mart shares reverse course to rise 10% after Labubu-maker posts near-400% profit surge  CNBC Pop Mart Teases a Mini Labubu, Sending Stock Soaring  The New York Times Labubus Are on Track to Be a Billion-Dollar Business This Year  WIRED Labubu frenzy sends Pop Mart profits and shares soaring  Financial …