Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped more than 5% in extended trading. Here’s what the company reported compared with what Wall Street was expecting: Earnings per share: $1.86 vs. $1.49 expected, according to LSEG Revenue: $187.79 billion vs. $187.30…
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations: Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEG Revenue: $1.56 billion vs. $1.55 billion expected, according to LSEG Global daily active users: 453 million vs. 451.1 million…
Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more AI investments. Earnings per share for the Google parent company beat analyst estimates by two cents. Here are the numbers: Revenue: $96.47 billion vs. $96.56 billion expected by LSEG Earnings per share: $2.15 vs….
Faisal Bashir | Lightrocket | Getty Images China’s DeepSeek became the biggest topic in tech this week, with many in the industry and on Wall Street focused on a single number: $6 million. In DeepSeek’s paper about its newest artificial intelligence model, the company said that its total training costs amounted to $5.576 million, based…
The Trump administration emailed thousands of federal employees on Wednesday, ordering them to report any efforts to “disguise” diversity initiatives in their agencies or face “adverse consequences”. The request came after President Donald Trump banned diversity, equity and inclusion (DEI) offices and programmes throughout the government. Emails seen by the BBC directed workers to “report…
Getty Images People with excess body fat can still be active and healthy, experts say There is a risk too many people are being diagnosed as obese when “a more accurate” and “nuanced” definition is needed, a report from global experts says. Doctors should consider the overall health of patients with excess fat, rather than…
Getty Images Trump is accused of inspiring violence on 6 January 2021 – but prosecutors stopped short of charging him with incitement Donald Trump’s alleged attempts to overturn his 2020 election defeat are laid out in a final report by the special counsel who spent two years investigating him. Much of what is in its…
President-elect Donald Trump would have been convicted of illegally trying to overturn the 2020 presidential election results if he hadn’t been elected, according to a Department of Justice report released to Congress. “The admissible evidence was sufficient to obtain and sustain a conviction at trial,” the report by Special Counsel Jack Smith said. The 137-page…
TikTok has called a report that China is considering allowing a sale of the social media company’s US operations to Elon Musk “pure fiction.” The firm’s comments came in response to a report by Bloomberg that Chinese officials are weighing an option that could see its business in America being sold to the world’s richest…
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring. From a consensus view, economists expect the Bureau of Labor Statistics on Friday morning to report a gain of 155,000 in nonfarm payrolls, a step…
