[ad_1] Tesla said Wednesday it posted a $3.3 billion profit in the first three months of the year, up from $438 million a year earlier and the company’s biggest quarterlyRead More
Tag: Profits
How the AI industry profits from catastrophe
[ad_1] It was meant to be a temporary side job—a way to earn some extra money. Oskarina Fuentes Anaya signed up for Appen, an AI data-labeling platform, when she wasRead More
Meta Spends $10 Billion on Metaverse in 2021, Cuts Profits
[ad_1] Mark Zuckerberg says his company is going all in metaverse last year. On Wednesday, he showed how much he should spend for it. Meta, the company that Mr. ZuckerbergRead More
I Was There When: Facebook put profits over safety
[ad_1] Facebook has been under intense fire following revelations that the social media giant’s leadership repeatedly prioritized profits over safety. Now, a second whistleblower is accusing the company of turningRead More
Facebook Profits Up 17 Percent
[ad_1] Facebook said Monday its revenue rose 35 percent year-on-year to $29 billion in the three months ended September, while profits rose 17 percent to $9.2 billion, a sign ofRead More
Coinbase raises cryptomania to $1.6 billion quarterly profits.
[ad_1] Coinbase, cryptocurrency exchange, said on Tuesday In its second earnings report as a publicly traded company, it said its quarterly revenue increased more than 1,000 percent and its profitsRead More
Google’s profits soar as revenue rises 62 percent.
[ad_1] Google’s parent company, Alphabet, did in three months what, until recently, should have taken a year to earn. This is a level of growth that companies of its sizeRead More
Wall Street Prepares for Big Corporate Profits
[ad_1] Optimism blooms in earnings season After closing the books in the second quarter, executives have the most positive view ever of their company’s profits. Data from FactSet. And thisRead More