Today: September 23, 2024
Today: September 23, 2024

Latest From Yuvraj Malik

Business|Finance|Technology

Lyft's soft forecast fans worries of losing ground to Uber, shares tank

Lyft's shares tanked 16% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be losing ground to rival Uber.

Lyft's soft forecast fans worries of losing ground to Uber, shares tank
Business|Finance|Technology

Uber's second-quarter results beat on ride-sharing demand

Uber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 5% on

Uber's second-quarter results beat on ride-sharing demand
Business|Election|Finance|Technology

Meta Q2 ad sales expected to rise; focus on AI roadmap, costs

Meta Platforms is expected to report a 20% rise in quarterly revenue, helped by strong ad sales driven by the Olympics and elections in several countries, but investors

Meta Q2 ad sales expected to rise; focus on AI roadmap, costs
Science|Technology

OpenAI enters Google-dominated search market with SearchGPT

OpenAI is venturing into a territory long dominated by Google with the selective launch of SearchGPT, an artificial intelligence-powered search engine with real-time access

OpenAI enters Google-dominated search market with SearchGPT
Business|Finance|Technology

Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus

Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth straight quarter of double-digit growth, driven by steady demand for its

Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus
Business|News

CNN to cut 100 jobs in major overhaul to focus on digital, memo shows

News outlet CNN will cut about 100 jobs as part of a plan to consolidate news operations and bolster its digital business, according to an internal memo seen by Reuters on

CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
Business|Environment|Technology

Uber pays US car owners to switch to other transport modes for five weeks

Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it said on

Uber pays US car owners to switch to other transport modes for five weeks
Business|Technology

Shopify expands access to its AI-powered features to attract more businesses

Shopify made its artificial intelligence-powered tools, including the Sidekick assistant and image-generation feature, available to more users on Monday, in a bid to

Shopify expands access to its AI-powered features to attract more businesses
Business

Apple set for modest iPhone sales growth, China worries remain

Apple iPhone sales likely rose 3% in the key holiday period, the best growth in five quarters, but analysts expect a tough year for the company in China, where it faces

Apple set for modest iPhone sales growth, China worries remain
Business

Microsoft set for AI-powered revenue surge as stock pulls ahead

Microsoft is expected to report a 15.8% jump in quarterly revenue, its best growth in nearly two years, as rising adoption of its products infused with generative AI fuels

Microsoft set for AI-powered revenue surge as stock pulls ahead
Business

Uber bets on holiday demand after dull third quarter

Ride-hailing giant Uber on Tuesday predicted strong holiday-quarter demand would drive up profits more than analysts expect, after accounting changes hampered growth

Uber bets on holiday demand after dull third quarter
Business

Apple's holiday-quarter forecast faces threat from Huawei, weak China market

Apple investors will have one big question when the world's most valuable company reports earnings on Thursday - will Huawei's resurgence in China dampen its holiday-

Apple's holiday-quarter forecast faces threat from Huawei, weak China market
Business|Technology

Here's everything Apple announced at WWDC

Apple on Monday unveiled a range of AI-enabled features and software enhancements for its devices, including the iPhone, in a bid to bolster sagging sales.

Here's everything Apple announced at WWDC
Business|Technology

Lyft forecasts 15% annual growth in gross bookings through 2027, shares jump

Lyft is targeting a 15% annual increase in gross bookings through 2027, the ride-hailing firm said at its inaugural investor day event, adding that its nascent advertising

Lyft forecasts 15% annual growth in gross bookings through 2027, shares jump
Business|Technology

Dell hits record high amid rally in AI stocks

Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for

Dell hits record high amid rally in AI stocks
Business|Economy|Technology

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending its shares down 9% and putting the ride-share and food delivery

Uber shares tumble as weaker ride-share demand hurts Q2 forecast
Business|Economy|Technology

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Business|Technology

Apple set for big sales decline as investors await AI in iPhones

Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to

Apple set for big sales decline as investors await AI in iPhones
Business|Technology

AI fuels cloud computing boom for tech giants

Three of the Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial

AI fuels cloud computing boom for tech giants

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