Quarterly Earnings
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Netflix Hikes Prices in Some Countries After Record Subscriber Gains
Netflix sought to capitalise on its galloping popularity by raising prices in the US, Canada, Portugal and Argentina as it spends more on programming. In the US, the company's ad-supported service will cost $7.99 (roughly Rs. 690) a month, up from $6.99 (roughly Rs. 605), while the premium package will cost $24.99 (roughly Rs. 2,163), up nine perce...
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Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
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Uber One Subscription With Cashback Credits and Complimentary Zomato Gold Plan Launched in India
Uber One subscription has been launched in India. The loyalty programme targets frequent users of the ride-hailing platform by offering benefits such as Uber One credits as cashback, top-rated drivers on eligible rides, priority support for members, and a complimentary subscription to a food delivery platform.
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Reliance Jio True 5G Network Extends Battery Life by Up to 40 Percent, Claims Official
Reliance Jio’s True 5G network can improve the smartphone’s battery life by up to 40 percent, a company official highlighted during the company’s earnings call for the second quarter (Q2) of FY25. The telecommunications provider leverages a standalone (SA) architecture along with other technical features for its 5G services in India and assig...
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PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
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Qualcomm, Arm Climb After Earnings Signal Smartphone Rebound
Qualcomm and Arm released their quarterly results within minutes of each other Wednesday and held overlapping conference calls. It was notable timing for two companies engaged in an escalating legal fight.
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Google Generating ‘More Than a Quarter of All New Code by AI’, Says CEO Sundar Pichai
Google’s parent company Alphabet posted its quarterly earnings on Tuesday. A major highlight of the earnings call with company CEO Sundar Pichai was how the Mountain View-based tech giant is optimising the costs of running expensive artificial intelligence (AI) infrastructure for all of its products and services. The CEO said that the company has...
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Bitcoin Sees Dip Alongside Most Altcoins as Nvidia, HP Get Ready to Report Quarterly Earnings
The overall market cap of the crypto sector has dropped by 5.27 percent in the last 24 hours. Bitcoin and Ether clocked losses on Wednesday, August 28. Most cryptocurrencies, including Solana, Dogecoin, Cardano, and Avalanche, saw losses. A wave of liquidations totaling more than $300 million (roughly Rs. 2,518 crore), sparked by investor uncertain...
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Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
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Apple Says AI Features Will Boost New iPhone Sales After Sluggish Third Quarter
Apple predicted that its new artificial intelligence features will spur iPhone upgrades in coming months, helping the company reemerge from a sales slowdown that has hit its China business especially hard.
-
Apple Intelligence Talks Ongoing With EU and China Regulators, Says CEO Tim Cook: Report
Apple Intelligence features have started to roll out in preview with the iOS 18.1 developer beta update. These features are first rolled out in the US in English and later will be expanded in other regions. But the European Union (EU) and China are not expected to get it anytime soon. During a quarterly earnings call on Thursday, Apple CEO Tim Cook...
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Union Budget, Global Trends To Drive Stock Markets Next Week: Experts
The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said.
-
ONGC Net Profit Surges 19 Times In Q4, Sets Record High Profit In 2023-24
State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal.
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Apple CEO Tim Cook Hints at “Some Very Exciting” Generative AI Announcements Soon
Apple might reveal its artificial intelligence (AI) plans earlier than expected. It was believed that the Cupertino-based tech giant would unveil the AI features it is building during its Worldwide Developers Conference scheduled for June 10. However, CEO Tim Cook has now said that information about generative AI can be shared with users soon, as p...
-
Netflix Hikes Prices in Some Countries After Record Subscriber Gains
Netflix sought to capitalise on its galloping popularity by raising prices in the US, Canada, Portugal and Argentina as it spends more on programming. In the US, the company's ad-supported service will cost $7.99 (roughly Rs. 690) a month, up from $6.99 (roughly Rs. 605), while the premium package will cost $24.99 (roughly Rs. 2,163), up nine perce...
-
Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
-
Uber One Subscription With Cashback Credits and Complimentary Zomato Gold Plan Launched in India
Uber One subscription has been launched in India. The loyalty programme targets frequent users of the ride-hailing platform by offering benefits such as Uber One credits as cashback, top-rated drivers on eligible rides, priority support for members, and a complimentary subscription to a food delivery platform.
-
Reliance Jio True 5G Network Extends Battery Life by Up to 40 Percent, Claims Official
Reliance Jio’s True 5G network can improve the smartphone’s battery life by up to 40 percent, a company official highlighted during the company’s earnings call for the second quarter (Q2) of FY25. The telecommunications provider leverages a standalone (SA) architecture along with other technical features for its 5G services in India and assig...
-
PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
-
Qualcomm, Arm Climb After Earnings Signal Smartphone Rebound
Qualcomm and Arm released their quarterly results within minutes of each other Wednesday and held overlapping conference calls. It was notable timing for two companies engaged in an escalating legal fight.
-
Google Generating ‘More Than a Quarter of All New Code by AI’, Says CEO Sundar Pichai
Google’s parent company Alphabet posted its quarterly earnings on Tuesday. A major highlight of the earnings call with company CEO Sundar Pichai was how the Mountain View-based tech giant is optimising the costs of running expensive artificial intelligence (AI) infrastructure for all of its products and services. The CEO said that the company has...
-
Bitcoin Sees Dip Alongside Most Altcoins as Nvidia, HP Get Ready to Report Quarterly Earnings
The overall market cap of the crypto sector has dropped by 5.27 percent in the last 24 hours. Bitcoin and Ether clocked losses on Wednesday, August 28. Most cryptocurrencies, including Solana, Dogecoin, Cardano, and Avalanche, saw losses. A wave of liquidations totaling more than $300 million (roughly Rs. 2,518 crore), sparked by investor uncertain...
-
Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
-
Apple Says AI Features Will Boost New iPhone Sales After Sluggish Third Quarter
Apple predicted that its new artificial intelligence features will spur iPhone upgrades in coming months, helping the company reemerge from a sales slowdown that has hit its China business especially hard.
-
Apple Intelligence Talks Ongoing With EU and China Regulators, Says CEO Tim Cook: Report
Apple Intelligence features have started to roll out in preview with the iOS 18.1 developer beta update. These features are first rolled out in the US in English and later will be expanded in other regions. But the European Union (EU) and China are not expected to get it anytime soon. During a quarterly earnings call on Thursday, Apple CEO Tim Cook...
-
Union Budget, Global Trends To Drive Stock Markets Next Week: Experts
The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said.
-
ONGC Net Profit Surges 19 Times In Q4, Sets Record High Profit In 2023-24
State-owned Oil and Natural Gas Corporation's (ONGC) March quarter net profit soared 19 times as the year-ago period had a one-time exceptional provision, while it posted a record earning for the full fiscal.
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Apple CEO Tim Cook Hints at “Some Very Exciting” Generative AI Announcements Soon
Apple might reveal its artificial intelligence (AI) plans earlier than expected. It was believed that the Cupertino-based tech giant would unveil the AI features it is building during its Worldwide Developers Conference scheduled for June 10. However, CEO Tim Cook has now said that information about generative AI can be shared with users soon, as p...
