Warner Bros. Discovery’s Q1 Revenue Drops as Audience and Market Challenges Persist
Warner Bros. Discovery reported Q1 2024 revenue decline of 7%, missing consensus, with EPS loss of $(0.40). DTC revenues flat, total subs at 99.6M.
Wix Launches New AI Tool for Quick and Easy Professional Portfolio Creation
Wix.com launches AI Portfolio Creator to simplify and enhance online portfolio creation. Uses AI technology to organize and display media professionally.
Roblox Issues Subpar Outlook, Stock Tanks To Yearly Low
Roblox Corp (NYSE: RBLX) reported 19% YoY growth in Q1 bookings to $923.80M, beating analyst estimates. Adjusted EPS loss of $(0.43) also beat expectations. Stock dropped 28.3% premarket.
Microsoft Leads Magnificent 7 In Reddit Discussion: AI, Market Positioning, Cloud Computing A Hit With Traders
Microsoft emerges as top choice for healthiest and most resilient tech stock, thanks to exceptional leadership, AI dominance, and strategic vision.
Spotify Vs. Apple Heads Back To EU Regulator’s Court After iPhone Maker Keeps Blocking In-App Pricing Information Updates
Spotify intensifies legal battle with Apple in EU over music streaming app policy, with Commission considering another investigation.
Rivian Takes Leaf From Tesla Playbook: To Open Its Charging Network To Rival EV Drivers This Summer
It will also help it meet an eligibility requirement for government grants associated with expanding domestically manufactured fast chargers.
What’s With Thousands Of Teslas Piling Up At A German Airfield? Satellite Images Hint At Intense Inventory Pressure For EV Giant
Google Earth satellite images, first posted on Reddit, show numerous Teslas parked at the airfield, probably unsold from the company's Berlin Gigafactory.
Gen Z ‘Really Loves Chatting Versus Calling’, Says Affirm’s CEO, Highlights Potential Cost-Saving Benefits Of AI
Max Levchin, the CEO of Affirm Holdings Inc, a major player in the buy-now, pay-later industry, has revealed that the younger generation, particularly Gen Z, is showing a strong preference for AI-powered chatbots over traditional phone calls.
ChatGPT Creator Sam Altman Feels It’s A ‘Massive, Massive Issue’ That We Don’t Take AI’s Threat To Jobs And Economy ‘Seriously Enough’
OpenAI CEO Sam Altman has joined Meta Platforms' Mark Zuckerberg in warning about the threat of AI to jobs and the economy.
Cybertruck Owners: You’ll Have To Wait A ‘Few Months’ For FSD Because Tesla Is Focusing On ‘Other 99% Of The Fleet’
Tesla started delivering Cybertrucks in November last year and delivered only 2,803 units in the first quarter.