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AppLovin skyrockets 33% after earnings beat, strong guidance as analysts raise price target

AppLovin skyrockets 33% after earnings beat, strong guidance as analysts raise price target

Piotr Swat | Lightrocket | Getty Images Shares of Applovin ripped more than 30% higher Thursday after the company reported a fourth-quarter earnings beat, causing many analysts to lift their price targets. The ad tech company reported earnings per share of $1.73 on $1.37 billion in revenue for the final quarter, outperforming analysts’ expectations polled

AppLovin skyrockets 33% after earnings beat, strong guidance as analysts raise price target Read More »

Prenuvo adds new health tests to flagship full-body scan, raises 0 million in fresh funding

Prenuvo adds new health tests to flagship full-body scan, raises $120 million in fresh funding

Prenuvo’s clinic in New York City, New York. Courtesy of Prenuvo Preventative health startup Prenuvo on Thursday announced it will offer three new health assessments in addition to its flagship full-body MRI scan. The company is launching a detailed blood test, neurological scan and body composition analysis that was approved by the U.S. Food and

Prenuvo adds new health tests to flagship full-body scan, raises $120 million in fresh funding Read More »

Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis

Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis

Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized,

Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis Read More »

Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say

Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say

Elon Musk will withdraw his $97.4 billion bid for OpenAI’s non-profit arm if the ChatGPT maker stops its conversion into a for-profit entity, according to a court filing. “If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk

Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say Read More »

Apple will integrate Alibaba’s AI into iPhones in China, Chairman Joe Tsai says

Apple will integrate Alibaba’s AI into iPhones in China, Chairman Joe Tsai says

An Apple Store on Jan. 26, 2025, in Chongqing, China.  Cheng Xin | Getty Images News | Getty Images Alibaba Group Chairman Joe Tsai confirmed on Thursday that the company was partnering with Apple to roll out AI for iPhones sold in China, speaking at the World Governments Summit in Dubai. “[Apple]  talked to a

Apple will integrate Alibaba’s AI into iPhones in China, Chairman Joe Tsai says Read More »

AppLovin soars almost 30% on earnings, guidance beat

AppLovin soars almost 30% on earnings, guidance beat

Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings per share: $1.73 vs. $1.24 expected Revenue: $1.37 billion vs.

AppLovin soars almost 30% on earnings, guidance beat Read More »

Cisco pops on increased full-year revenue forecast

Cisco pops on increased full-year revenue forecast

Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and guidance that topped Wall Street’s expectations. Here’s how the company

Cisco pops on increased full-year revenue forecast Read More »

Apple brings its TV streaming service to rival Android platform

Apple brings its TV streaming service to rival Android platform

Britt Lower and Adam Scott in “Severance,” now streaming on Apple TV+. Source:  Apple TV+ Apple TV+ is now available on Android devices as the iPhone maker on Wednesday released its video streaming service for Google’s mobile computing platform.  It’s unusual for Apple to release Android apps. The company typically focuses on software for its own

Apple brings its TV streaming service to rival Android platform Read More »

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