SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake AI Bets
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in…
Alibaba shares rise as AI drives cloud sales jump
Alibaba showcase its AI technology application achievements from Alibaba Cloud at the World Artificial Intelligence Conference in Shanghai,…
Disney Tops Streaming Expectations In Final Subscriber Report; Quarterly Results Otherwise Mixed
Disney‘s strong results in streaming, including a better-than-expected subscriber jump, helped offset a struggling film studio and sluggish…
Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…
SoftBank earnings report 2Q
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22,…
WBD’s David Zaslav Says “We Have An Active Process Underway” As Suitors Circle
In Warner Bros. Discovery’s first public outing since Paramount started lobbing offers as the company pursues both a…
ITV Targets Extra $46M In Cost Savings Amid “Softening Economy”
UK network ITV is planning to save another £35M ($45.7M) in the coming quarter, despite posting steady year-to-date…
BP beats third-quarter profit expectations despite weaker oil prices
The BP logo is displayed on a petrol tanker delivering fuel at a petrol station in Shepton Mallet…
Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris |…