Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
The Etsy team has already started leveraging the power of AI and implementing the technology across various customer interactions, including tools for sellers and shopping recommendations.
Including beating revenue expectations, Amazon revealed in its Q2 2023 report that it set a new record for Prime deliveries.
Additionally, Airbnb is looking to leverage the power of OpenAI’s GPT-4 large language model to enhance its customer service department.
Coinbase told shareholders that it is working towards improving its adjusted EBITDA in absolute dollar terms versus full-year 2022 as it navigates the uncertainty of regulatory scrutiny.
For its fiscal Q3 2023, Apple reported reduced revenue from iPhone, Mac, and iPad sales, while revenue from Other Products rose 2%.
Despite investor disappointment, CEO Dan Schulman is confident that Q2 2023 shows that PayPal is on the right path to growth.
In reaction to the Fitch Ratings downgrade, the JPMorgan CEO said that “it doesn’t really matter that much”.
After a strong rally in growth stock and other tech companies, analysts are advising investors for a sectorial rotation to defensive stocks.
Despite the revenue loss, Robinhood recorded a total net revenue of $468 million.
Qualcomm earnings beat analysts’ expectations but revenue and guidance for the fourth quarter fell short of their forecast.
AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year.
Starbucks’ operating margin benefited from improved productivity and higher menu prices, it rose to 17.3% from 15.9%.
Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders.