TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.
International: Top News And Analysis
TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
TSMC posted a surge in revenue in March as it cashes in on a continuing artificial intelligence boom powered by high-end chips.
International: Top News And Analysis
Palantir shares rocket 25% after revenue beat, strong demand for AI
Shares of Palantir popped Tuesday after the company released fourth-quarter earnings that surpassed analysts’ expectations for revenue.
International: Top News And Analysis
This tiny country drove 15% of Nvidia’s revenue – here’s why it needs so many chips
About 15% or $ 2.7 billion of Nvidia’s revenue for the quarter ended October came from Singapore, an SEC filing by the chipmaker showed.
International: Top News And Analysis
Restaurant Brands’ revenue misses estimates, hurt by Burger King’s underperformance
Burger King parent Restaurant Brands International’s quarterly revenue fell short of Wall Street’s expectations.
U.S. News
Amazon beats revenue estimates, posts highest quarterly profit since 2021
Amazon’s second quarter earnings are the latest sign that Big Tech is bouncing back from a rough year.
Nashville Business News – Local Nashville News | The Nashville Business Journal
Adobe Scores Record Revenue in Q2 2023
Adobe Systems Incorporated (NASDAQ: ADBE) recently reported its second-quarter financial results for the fiscal year 2023. Adobe’s financial outcomes were buoyed by strong demand for their software, resulting in a record Q2 revenue. The company’s financial successes were seen across multiple domains including Creative Cloud, Document Cloud, and Experience Cloud.
Adobe CEO, Shantanu Narayen,...
Illumina CEO touts Grail’s 100% revenue growth amid proxy fight with Icahn
CEO Francis deSouza said San Diego-based Illumina can significantly expand the market for Grail’s early cancer screening test.
U.S. News
Satellite-imagery venture Planet reports record quarterly revenue to cap strong year
Planet on Wednesday delivered another record quarter of revenue, nearing the top end of its full-year revenue forecast.
U.S. News
Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue
Deutsche Bank surpassed profit expectations in the fourth quarter, reporting 1.8 billion euro ( $ 1.98 billion ) of net profit attributable to shareholders, as higher interest rates boosted revenues.
International: Top News And Analysis
Email marketing company CM Group revamps as Marigold after nearly tripling revenue
It all started 20 years ago, as a startup named Emma that became a local tech darling. Now it’s an email and digital marketing company that nearly tripled revenue from 2018 to 2021, reaching $ 440 million. And as of Jan. 18, that company has a new name. “This really is the time when it’s become a new business,” says the CEO.
Nashville Business News – Local Nashville News...