AI Firms Report Mixed Financial Results for Q3 2024
SoundHound reports 89% revenue growth but faces a $21.8 million loss. Youdao achieves first Q3 profit with strategic shifts and…
Disney Reports Significant Growth in Income and Streaming Subscribers
Disney reports 74% increase in net income, reaching $460 million. Streaming division posts $321 million profit, reversing previous losses. Box…
Advance Auto Parts Plans to Close Over 700 U.S. Locations
Advance Auto Parts will close over 700 stores to improve financial performance. The company aims for a 500 basis points…
Unlimit Partners with Pagaloop for Enhanced Payment Solutions
Unlimit and Pagaloop enhance payment processing for Latin American SMBs. New partnership aims to simplify financial transactions and support growth.…
Mastercard Expands Live Music Access for Cardholders
Mastercard will offer enhanced live music access in the U.S. next year. Initiative includes exclusive pre-sale tickets and Priceless Experiences.…
Capri and Tapestry Call Off Luxury Brand Merger
Capri and Tapestry ended their $8.5 billion merger proposal. Regulatory concerns over competition led to the merger's termination. Both companies…
Jobless Claims Decrease Following Hurricane and Strike Disruptions
Jobless claims dropped, decreasing by 4,000 last week. Economists had predicted higher numbers than the actual 217,000 claims. Stability in…
Ahold Delhaize Finalizes Virtual Power Purchase Agreement with Bruc
The VPPA will provide 30% of Ahold Delhaize's European electricity needs. The solar power plants in Seville will produce 515…
Cryptocurrency Market Surpasses $3 Trillion
The cryptocurrency market exceeds $3 trillion due to political developments. Major cryptocurrencies like Bitcoin and Ether see significant value increases.…
Pulse4all Secures Funding to Boost AED Accessibility in Europe
Pulse4all raises €5M for AED accessibility in Europe through subscriptions. AEDs increase survival rates during cardiac arrests by providing timely…
