Author: pluginever

After the recent correction and sell off of MBLY the CEO scooped up over 10m USD worth of shares. Mobileye Global's CEO and President, Shashua Amnon, purchased a total of 631,963 Class A Common Stock shares on August 2, 2024, for a total amount of $10,434,093. The transactions were executed at weighted average prices of $15.8809…

Anyone know if this is part of the 18b a year figure or is it on top of that figure? https://www.cnbc.com/2023/11/14/apple-gets-36percent-of-google-search-revenue-from-safari-alphabet-witness.html

SMCI had what I would call a very mixed earnings report. Revenue was in line with expectations but eps was a huge miss, in fact the biggest miss on earnings for the company, falling short on earnings by about 23%. But in sharp contrast to the miss was an increase to full year guidance, which…

Rivian Automotive beat Wall Street’s top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take costs out of its business. Here is how the company did, compared to estimates from analysts polled by LSEG: Earnings per share: Loss of $1.13 adjusted vs. loss of $1.21 expected Automotive revenue: $1.16…

It is looking like the US DOJ no longer thinks it is OK for Google to pay Apple to be the default search engine on iOS, MacOS, etc. The most likely resolution will be that the first time you turn on your iPhone you are given a screen with the different search engines in a…

Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific markets also opened higher. Japan’s Nikkei 225 — which saw its largest loss in the previous session since the 1987 Black Monday crash — and the broad-based Topix gained over 10%. The yen…

Reddit reported second-quarter results on Tuesday that topped analysts' estimates Here are the key numbers: Loss per share: 6 cents vs. the loss of 33 cents expected by LSEG Revenue: $281 million vs. $254 million expected by LSEG Sales in the second quarter rose 54% from a year earlier. The company's net loss narrowed to…

Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for Hulu, which include live TV, will cost $6 more per month. Disney+ basic and premium will be priced at…

European drugstore giant Rossmann announced Tuesday it will no longer buy Tesla’s electric vehicles for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political support. Rossmann, based in Germany, said in a statement that its decision was “based on the incompatibility between the statements of Tesla CEO Elon Musk and the values ​​that Tesla…

Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it’s seeing signs of slowing demand from U.S. customers. Here’s how the company did compared to LSEG estimates for the quarter ended June 30: Earnings per share: $0.86 versus $0.92 expected. Revenue: $2.75 billion versus…