Sonos Appoints Tom Conrad as Its Permanent CEO Amid Shifting Markets
Sonos has officially made Tom Conrad its permanent CEO following a period of interim leadership. This decisive move is part of the company’s broader strategy to navigate evolving audio markets and technological challenges, leaving industry insiders both confident and wry about what the future holds.
Back to Top / Wednesday, July 23, 2025, 9:21 am / permalink 10721 / 5 stories in 7 months
GM Earnings Impacted by $1B Tariff Burden
General Motors’ shares dipped 7% despite a robust Q2 beat as the company grapples with a $1 billion tariff hit that promises even steeper challenges ahead. Investors are left to wonder if the trade tensions will continue to undermine an otherwise solid performance.
Back to Top / Tuesday, July 22, 2025, 2:21 pm / permalink 10654 / 0 stories in 7 months
iPhone 16 makes up half of India sales in Q2 but the iPhone 16e falters
appleinsider - The iPhone 16 family makes up over half of iPhone purchases in India, but older iPhone models are preferred by value-focused consumers instead of the iPhone 16e.Apple's iPhone 16 lineupIndia is an important smartphone market for Apple, not least because o…
Back to Top / Tuesday, July 22, 2025, 8:20 am / permalink 10609 / 3 stories in 7 months
Rockstar's GTA VI poised to become the biggest gaming release of all time
techspot - Analysts have little doubt that Grand Theft Auto VI will be a massive release across all supported platforms. Josh Chapman, Managing Director at venture capital firm Konvoy, says that Rockstar's upcoming sequel in the hit franchise is much more than just …
Back to Top / Friday, July 18, 2025, 4:21 pm / permalink 10439 / 2 stories in 7 months
Netflix Q2 earnings reveal robust growth amid stock fluctuation
Netflix posted $11 billion in Q2 revenue, showcasing solid profit growth even as its shares wavered. Despite topping both top‐line and bottom‐line expectations and raising its guidance, investor sentiment turned mixed, triggering a notable stock dip and underscoring the unpredictable market reaction to strong financial performance.
Back to Top / Thursday, July 17, 2025, 4:21 pm / permalink 10353 / 2 stories in 7 months
TSMC posts record profit quarter amid surging AI chip demand
Taiwan Semiconductor Manufacturing Company exceeded expectations by posting record-breaking quarterly earnings of $13.5 billion, propelled by a robust surge in demand for AI chips. The strong performance defied forecasts and underscored the company’s resilient market position despite fierce industry competition.
Back to Top / Thursday, July 17, 2025, 3:20 am / permalink 10273 / 6 stories in 7 months
Bank of America Earnings Show Mixed Financial Signals
Bank of America’s quarterly report delivered a revenue miss despite an impressively bulging loan book and robust trading activity. The results paint a picture of financial acrobatics, where strong sales meet a revenue stumble and rate-cut forecasts hang in the balance.
Back to Top / Wednesday, July 16, 2025, 9:21 am / permalink 10186 / 1 stories in 7 months
Delta revises profit target as consumer demand rebounds sharply
Delta Air Lines has reinstated its 2025 profit target following a notable recovery in consumer demand and a more stable flight booking outlook. This renewed confidence comes amid ongoing industry turbulence and signals a cautious optimism among airline executives.
Back to Top / Thursday, July 10, 2025, 9:22 am / permalink 9773 / 1 stories in 7 months
Subnautica 2 Delay May Cost Studio $250 Million Bonus - Report
Blair Marnell / gamespot - Earlier this month, the founders of Unknown Worlds--the studio behind Subnautica and its upcoming sequel, Subnautica 2--were reportedly forced out of the studio by parent company Krafton. Now, it's being alleged that Krafton's decision to delay Subnautica…
Back to Top / Wednesday, July 9, 2025, 4:20 pm / permalink 9734 / 2 stories in 7 months
Samsung predicts profit slump as its HBM3e apparently continues to underwhelm Nvidia
Tobias Mann / theregister - Markets advised to brace for 45 percent fall from Q1 to Q2 Analysis During the AI gold rush, the next best thing to selling the shovels – that is, the GPUs –is manufacturing the silicon that makes them possible. But while TSMC and SK-Hynix continue to cas…
Back to Top / Monday, July 7, 2025, 8:20 pm / permalink 9576 / 3 stories in 7 months
Here's How to Listen to Apple's Upcoming Earnings Call With Tim Cook
Joe Rossignol / macrumors - Apple has announced that it will share earnings results for the third quarter of its 2025 fiscal year on Thursday, July 31. Apple's earnings reports are typically released at 1:30 p.m. Eastern Time, shortly after the stock market has closed in New York.Ap…
Back to Top / Thursday, July 3, 2025, 4:20 pm / permalink 9372 / 3 stories in 8 months
Tesla’s Numbers Are In, and They’re Not Good
Luc Olinga / gizmodo - The electric vehicle maker has posted its second straight quarter of declining deliveries this year, continuing to pay the price for Elon Musk's political turn.
Back to Top / Wednesday, July 2, 2025, 9:20 pm / permalink 9314 / 2 stories in 8 months
Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop
cnbc - Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.
Back to Top / Wednesday, July 2, 2025, 9:20 am / permalink 9251 / 7 stories in 8 months
Apple's Mac Shipments Are Soaring, Here's Why
Hartley Charlton / macrumors - Apple recorded the highest year-over-year growth among major computer vendors in the United States during the first quarter of 2025, with shipments increasing 28.7% and market share rising from 14.2% to 16.0%, according to newly published data from Canaly…
Back to Top / Tuesday, July 1, 2025, 12:20 pm / permalink 9206 / 2 stories in 8 months
Oracle Inks Secret $30B AI Cloud Deal, Shaking Up Market
Markus Kasanmascheff / winbuzzer - Oracle has secured a landmark cloud services contract worth over $30 billion annually, signaling a major shift in the AI infrastructure market and validating its high-stakes strategy to compete with cloud giants.The post Oracle Inks Secret $30B AI Cloud D…
Back to Top / Monday, June 30, 2025, 11:21 am / permalink 9125 / 4 stories in 8 months
Micron reports earnings, revenue beat and issues strong forecast
cnbc - Micron reported earnings and revenue on Wednesday that exceeded analysts' estimates.
Back to Top / Wednesday, June 25, 2025, 5:21 pm / permalink 8847 / 2 stories in 8 months
Elon Musk's xAI is projected to lose $13 billion in 2025 — AI project burns $1 billion a month in expenditures
tomshardware - Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses for 2025 — as it races to build massive AI infrastructure and catch up with rivals.
Back to Top / Thursday, June 19, 2025, 10:21 am / permalink 8393 / 3 stories in 8 months
Nintendo Switch 2 launch: Record sales and game offerings
Nintendo’s latest console launch is making waves, with early figures showing 3.5 million units sold in just four days and a vibrant slate of physical games hitting shelves. The dual reports underscore a robust market entry and a thriving ecosystem that has enthusiasts and skeptics raising eyebrows in equal measure.
Back to Top / Wednesday, June 11, 2025, 9:20 pm / permalink 7756 / 6 stories in 8 months
Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher
Mike Wheatley / siliconangle - Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter. The company reported fourt…
Back to Top / Wednesday, June 11, 2025, 7:20 pm / permalink 7742 / 3 stories in 8 months
Nintendo Switch 2 tops 3.5 million sales in four days, fastest-selling console in company history
techspot - There was little doubt that the Switch 2 was going to prove popular. The 3.5 million sales between June 5 and 8 are a testament to how well the company has managed to supply retailers – something that rarely happens with hardware launches. But we're still…
Back to Top / Wednesday, June 11, 2025, 6:20 am / permalink 7629 / 22 stories in 8 months