Spotify reported a rise in premium subscribers to 276 million and MAUs to 696 million, but faced a surprising quarterly loss. CEO Daniel Ek emphasizes long-term growth despite recent challenges.
Boeing has dramatically reduced its quarterly losses and increased sales, delivering the highest number of airplanes since 2018. CEO Kelly Ortberg highlights improvements and future goals as challenges remain.
In a groundbreaking move, Samsung has landed a $16.54 billion contract to manufacture semiconductors for Tesla, significantly boosting its foundry business and projected revenue through 2033.
Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
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Huawei has reported a remarkable 22.4% increase in revenue for 2024, reaching 862.1 billion yuan, driven by strong sales in its telecommunications and consumer sectors. Despite challenges from U.S. sanctions, the company is diversifying and adapting its business model.
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
Chinese EV maker BYD has overtaken Tesla in annual revenue, reporting a 29% increase to 777 billion yuan. With new lower-priced models and advanced technology, BYD is poised for growth amid Tesla's controversies and market challenges.
StubHub is taking a significant step towards going public as it files for an IPO. The ticket reseller reports impressive revenue growth and aims to expand its market presence. What does this mean for investors and the future of ticket sales?
Lucid Motors announces a significant CEO change as Peter Rawlinson steps down, making way for Marc Winterhoff as interim CEO. The move comes amidst the launch of the Gravity SUV and financial results revealing both growth and losses for the company.
