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Microsoft’s stock pops 7% on earnings beat as Azure annual revenue tops billion

Microsoft’s stock pops 7% on earnings beat as Azure annual revenue tops $75 billion

Technology News

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft shares jumped 7% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here’s […]

Microsoft’s stock pops 7% on earnings beat as Azure annual revenue tops $75 billion Read More »

At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks

At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks

Technology News

Omar Marques | Lightrocket | Getty Images It’s been a decade since Ethereum’s inception, and although its native ether token has largely struggled for the last half of it, its future looks brighter than ever. Ether has become more attractive to institutions in recent weeks largely due to legislation around stablecoins – most of which

At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks Read More »

Robinhood’s 175% rally this year is best among U.S. tech stocks

Robinhood’s 175% rally this year is best among U.S. tech stocks

Technology News

As Robinhood investors await second-quarter earnings, expectations are sky-high. The online broker, known for popularizing stock and crypto trading with young investors, has seen its shares surge 177% this year, outpacing all other U.S. tech companies valued at $5 or more, excluding those that went public in 2025. The next best performer is Palantir, up

Robinhood’s 175% rally this year is best among U.S. tech stocks Read More »

CyberArk shares jump as much as 18% on report of Palo Alto Networks takeover talks

CyberArk shares jump as much as 18% on report of Palo Alto Networks takeover talks

Technology News

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | Reuters Cyberark shares soared as much as 18% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy

CyberArk shares jump as much as 18% on report of Palo Alto Networks takeover talks Read More »

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.

Technology News

US President Donald Trump (R) and Apple CEO Tim Cook (2nd L), with Senior Advisor to the President Ivanka Trump (L) and Treasury Secretary Steven Mnuchin, tour the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images Faced with intensifying

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S. Read More »

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

Technology News

PayPal reported better-than-expected results for the second quarter and raised its full-year guidance for transaction margin Dollars and earnings per share. The stock slipped more than 4% following the report. Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.40 adjusted vs. $1.30 expected

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates Read More »

Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI

Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI

Technology News

Data storage tapes are stored at the National Energy Research Scientific Computing Center (NERSC) facility at the Lawrence Berkeley National Laboratory, which will house the U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S. May 29, 2025. Manuel Orbegozo | Reuters Europe is setting its sights on gigawatt factories

Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI Read More »

Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says

Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says

Technology News

Ray-Ban Meta smart glasses on display in the window of a Ray Ban store in London, UK, on Friday, July 19, 2024.  Bloomberg | Bloomberg | Getty Images Revenue from sales of Ray-Ban Meta smart glasses more than tripled year over year, EssilorLuxottica revealed Monday as part of the company’s most recent earnings report. EssilorLuxottica

Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says Read More »

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