Jaap Arriens | Nurphoto | Getty Images Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce, even as the company’s executives talked up its AI revenue growth. The Chinese tech giant said its adjusted earnings before interest, taxes, and amortization (EBITA), a measure of the…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank booked a yearly gain of $46 billion at its Vision Fund driven mainly by the huge rise in value of its investment in OpenAI. The Japanese giant…
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo shares plunged on Monday after the gaming giant warned sales…
Investors appreciate having dividend stocks in their portfolios as they provide a steady stream of income, even during periods of market volatility. Dividend-paying stocks can help cushion downside risk while offering consistent returns. Given the sheer number of stocks offering dividends, identifying the right ones is not always straightforward. Investors can turn to top Wall…
Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million…
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world’s most valuable company — continues to prosper and is expected to…
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in the fourth quarter helped offset headwinds from a memory price crunch. Here are Sony’s fourth-quarter results compared with LSEG estimates: Revenue: 3.036 trillion Japanese yen ($19.4 billion) compared to analyst estimates of 2.896 trillion yen….
A sign hangs outside of a Shake Shack location on Feb. 21, 2025 in Chicago, Illinois. Scott Olson | Getty Images Shake Shack stock tumbled 30% in morning trading on Thursday after the burger chain reported an operating loss of $2.6 million. The company’s earnings and revenue also fell short of Wall Street’s expectations, based…
The Peloton Tread+ and Bike+ during a media preview at Peloton headquarters in New York, US, on Tuesday, Sept. 30, 2025. Gabby Jones | Bloomberg | Getty Images Peloton posted fiscal third-quarter earnings results Thursday that beat Wall Street expectations on revenue but fell slightly short on earnings per share. The company touted better-than-expected equipment…
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of…
