:Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying ...
Shares of International Business Machines Corp. surged after the company projected strong revenue growth in the new fiscal year and a jump in AI-related bookings. For the fiscal year ending in ...
Adjusted EPS surpassed expectations, reaching $4.18. Revenue totaled $743.5 million, just missing the estimate of $745 million. Net income dropped drastically by 24.3% year over year, reflecting ...
LendingClub (NYSE:LC), a digital bank, reported Q4 earnings yesterday, touting a rise in loan originations by 13%, an increase in revenue of 17%, and growth in total assets of 20% when compared to ...
Today's session started with mixed action, yet ended on a positive note thanks to an influx of buying in the afternoon. Blue-chip companies led the charge, showing strength through the entire session ...
Johnson & Johnson (NYSE:JNJ) traded flat in the premarket on Wednesday after the pharma giant exceeded Street forecasts for Q4 2024, mainly due to its Innovative Medicine unit, while its MedTech ...
Adjusted EPS of $2.04 exceeded analyst estimates of $1.99. Revenue reached $22.5 billion, surpassing expectations by 0.4%. Sales in the Innovative Medicine and MedTech segments drove top-line ...
Netflix reported fourth-quarter revenue of $10.25 billion, up 16% year-over-year. The company added 18.91 million net new paid subscribers in the quarter. Brand New Membership Level: Benzinga ...
Netflix added nearly 19 million subscribers in the fourth quarter, reaching 301.6 million globally, thanks to a wave of high-impact programming in the final weeks of 2024. The tally, a company ...
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter. By Alex Weprin Media & Business Writer The NFL and a ...
Streaming video giant Netflix (NASDAQ: NFLX) will be reporting results tomorrow after the bell. Here’s what you need to know. Netflix beat analysts’ revenue expectations by 0.6% last quarter ...