In an impressive display of financial strength, Airbnb’s shares surged by 15% in after-hours trading following the company’s announcement of fourth-quarter earnings that exceeded Wall Street expectations. The hospitality giant reported earnings per share of 73 cents, surpassing the anticipated 58 cents according to LSEG’s estimates. This positive variance signifies not only the company’s operational
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As the global race for advanced artificial intelligence continues to escalate, Baidu stands at a crucial juncture, preparing for the launch of its next-generation AI model, Ernie 5.0. This strategic maneuver highlights not only Baidu’s ambition but also the dynamic and competitive landscape of the AI sector, particularly as newer firms like DeepSeek begin to
Over the past few years, Affirm, the fintech company founded by Max Levchin, has carved out a significant niche within the financial technology sector, revolutionizing how consumers approach spending and financing through its buy now, pay later (BNPL) model. Initially focusing on credit, Affirm has recently ventured into the debit card arena, introducing features that
The digital landscape is continually shifting, and Google’s decision to streamline its Calendar features is emblematic of broader trends in corporate policies surrounding cultural recognition. Prominent observances like Black History Month and Women’s History Month, traditionally highlighted in Google Calendar, have mysteriously vanished from the 2025 calendar year. This move has incited discussions among users
The advancements in artificial intelligence (AI) technologies are rapidly reshaping industries and society as a whole. Companies across the globe are racing to develop models that can outperform existing technologies. Recently, a notable entry into this competitive field has been China’s Deepseek, which has made headlines for its AI model. Acknowledgment from influential figures in
Verily, a subsidiary of Alphabet Inc., is making headlines with its recent announcement to sell its insurance division, Granular Insurance Company, to Elevance Health. This move reflects not only a significant shift in Verily’s business model but also underscores the evolving landscape of health technology and insurance collaboration. Since its inception in 2015 within Alphabet’s
With the fourth-quarter earnings report on the horizon, all eyes are on Amazon as it prepares to unveil its financial performance. This anticipated release not only serves as a highlight for investors but also offers critical insight into the e-commerce giant’s adaptation in a rapidly shifting marketplace. Analysts’ predictions suggest some intriguing outcomes, but as
Uber Technologies Inc. has been a major player in the ride-sharing and delivery services sector for years, continuously innovating and adapting to market changes. However, despite recent fiscal achievements, the company’s stock plummeted by approximately 7% in premarket trading following the release of its fourth-quarter financial results. This article dissects Uber’s performance, identifies the key
In a noteworthy turn of events, the London-based fintech startup GoCardless has successfully reduced its losses significantly in the fiscal year ending June 30, 2024, indicating a positive shift in its financial trajectory. The company reported a net loss of £35.1 million ($43.8 million), marking a staggering 55% reduction from its previous year’s losses of
In a striking comeback narrative, TikTok has nearly returned to its pre-disruption traffic levels following a significant drop of 85% during a brief suspension earlier this month. According to Cloudflare Radar, which provides insights into global internet activity, TikTok’s DNS traffic has stabilized to a level about 10% lower than its usual metrics prior to