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Monthly Archives: May 2025
Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple … Continue reading
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Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy said he’s “optimistic” the company could emerge from the current tariff environment stronger than before.
Apple CEO Tim Cook says tariffs to add only $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook commented on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast what that … Continue reading
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Block shares plunge 15% as company takes ‘cautious stance,’ issues weak guidance for year
Block reported weaker-than-expected revenue for the first quarter.
Amazon falls short on cloud revenue for third straight quarter
Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.
Airbnb issues disappointing revenue guidance for second quarter
Airbnb’s results for the first quarter were mostly in line with estimates, but the company’s forecast for the current period was weaker than expected.
Reddit shares rocket as high as 19% on strong sales and guidance
Shares of Reddit rose as high as 19% in after-hours trading after the social media company reported strong revenue and guidance on Thursday.
Amazon’s ad business grew 19% in first quarter, topping estimates
Revenue in Amazon’s online ad business, which has emerged as a force in digital advertising, increased 19% in the first quarter.
Peacock trained TikTokers to make content, and now four creators are getting original series
Three years ago, a group of TikTokers joined NBCUniversal’s new initiative aimed at transforming social media influencers into the next generation of TV show creators. Now, four of these creators are set to launch their original series on Peacock. According … Continue reading
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Rising star defense tech startup Mach Industries is raising $100 million, sources say
Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new … Continue reading
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