Oracle Corporation recently delivered its quarterly earnings report, and the findings fell short of analyst expectations, painting a picture that raises concerns among investors. The company’s adjusted earnings per share came in at $1.47, slightly below the anticipated $1.49, while total revenue reached $14.13 billion, falling short of the expected $14.39 billion. Although revenue did
Revenue generation
In recent times, the financial results of Trump Media & Technology Group (TMTG) have stirred debate among investors and analysts alike. Following the release of its 2024 annual report, the operator of the controversial social media platform Truth Social faced a modest drop of about 1% in their shares during extended trading sessions. The company
In recent years, Amazon has remarkably transformed its business model to encompass a formidable player in the digital advertising sector. Once primarily recognized as an e-commerce giant, it has established itself as a significant competitor to industry leaders such as Alphabet and Meta by leveraging its extensive customer data and innovative advertising solutions. Now, with
In the wake of Meta’s recent decision to relax content moderation policies, a renewed interest in alternative social media platforms is brewing. Users increasingly seek refuge from the overarching influence of major tech corporations and the unpredictable governance of their billionaire owners. One contender emerging from this landscape is Bluesky, a decentralized platform that positions
As we navigate an ever-evolving economic landscape, CNBC is inviting entrepreneurial visionaries to showcase their groundbreaking ventures in the 2025 Disruptor 50 list. This esteemed annual compilation highlights the most promising venture-backed companies that are not only innovating but also tackling pressing consumer and economic challenges through compelling technology. The deadline for companies to submit
The integration of technology into everyday household appliances has soared in recent years, revolutionizing how we interact with our homes. Companies like LG are leading this charge, betting on the convergence of appliance functionality with advanced display technology. With a strategic pivot toward a platform-based service model, LG is not simply selling appliances; it’s crafting
Canoo, an electric vehicle startup founded in 2017, has been making headlines lately, but not for the reasons it would hope for. After announcing a temporary furlough for a substantial portion of its workforce, the company has now implemented a “mandatory unpaid break” for the remaining employees, effectively locking them out of their systems. The
In a bid to enhance the viability of its creator revenue share program, X (formerly known as Twitter) has implemented significant changes that directly affect content creators on the platform. The social media giant is stepping up its minimum threshold for verified followers from 500 to 2,000, a change that has sparked conversation about both
Pinterest recently released its third-quarter performance update, highlighting a substantial surge in both revenue and user engagement. Adding 15 million Monthly Active Users (MAUs) in this quarter has propelled total users to an impressive 537 million, marking a striking improvement over the previous quarter, when just 4 million users were added. While growth figures can
The rapid evolution of artificial intelligence (AI) technology has not only transformed industries but has also unveiled an array of complex engineering challenges. Companies like Meta and OpenAI are at the forefront of this revolution, but their ambitious endeavors come with significant resource demands and financial implications. This article delves into the intricacies of managing