Salesforce could be repositioning itself as a data company

As Salesforce delves deeper into AI, the data exhaust from its core products could eventually be its most valuable asset.

Bird’s weak stock market performance impacts the entire e-scooter industry

Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue — two legs of the profitability stool for the shared micromobility market. Bird did manage to cut cost

TuSimple continues its slide into the ether with new delisting warning

It wasn’t that long ago that self-driving trucks company TuSimple was on a tear — raising funds, locking in partnerships and hitting some development milestones that seemed to push it to the f

EV maker Rivian narrows losses in Q1, beats on revenue

Rivian may still be burning through cash, but it has managed to narrow losses and generate more revenue as the automaker sells more of its EVs while paring down costs. Rivian reported Tuesday $661 mil

EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand

Lyft shares tumble as investors react to dim outlook

Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial

iPhone sales help Apple beat revenue forecasts for Q2

Everyone knew this would be a rough quarterly earnings report, but the question was just how rough. Facing broader economic headwinds and a slowing smartphone market, Apple reported its second straigh

Ford Q1 earnings rebound as trucks and fleet sales drive profits

Ford reported its first-quarter 2023 earnings Tuesday after the bell, and it marks the first time the legacy automaker will break down earnings by its three new business units: Ford Blue for the iconi

Shares of First Republic are off 40% on reports that the government may step in

There is no clear indication yet that that is new de facto policy, or that First Republic customers will enjoy similar protections.

Amazon omits India business in earnings, a first in years

Amazon omitted any reference to India in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth and bullish outlook in the

Snap stock down 24% on weak earnings, ad revenue slump

Snap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday. The company missed Wall Street revenue estimates of $1 billi

Pinterest announces multiyear ads partnership with Amazon alongside earnings beat

Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform. The new deal will make the e-commerce giant Pinterest&#8

Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations

Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday, with Meta CFO Susan Li joining CEO and founder Mark Zuckerberg to field questions fro

Meta beats revenue expectations, remains committed to metaverse

Things are looking up for Meta. The company beat revenue expectations, reporting an increase in year-over-year revenue for the first time in three quarters. But this ray of light for the company forme

Roku gains 1.6 million active streaming accounts in Q1, warns of continued ad uncertainty

Roku delivered its first-quarter results on Wednesday with better-than-expected revenue and the addition of 1.6 million active streaming accounts in the period. Although the company’s results ca

YouTube continues to see ad revenue decline, 2.6% drop YOY

Alphabet reported Tuesday its latest earnings, citing that YouTube saw ad revenue fall 2.6% year over year as advertisers pulled back from the platform due to economic uncertainty. YouTube only raked

Spotify CEO says AI progress is both ‘really cool and scary,’ may pose risk to creative industry

In its first-quarter earnings call, streaming music service Spotify talked in more detail about how AI advances are impacting its business. On the positive side, the company offered an update on the u

Stripe says in annual letter that it processed $817B in transactions in 2022, but growth has definitely slowed

Stripe, the payments and fintech giant currently valued at $50 billion, sometimes feels like it has been forever on the brink of a public listing. But in the absence of any concrete IPO moves and the

EV company Canoo agrees to $1.5M settlement with SEC

Canoo concludes SEC investigation with $1.5M payout, which its CEO says will help the EV company raise more much-needed funds.

Salesforce strikes back

It would be an understatement to say that Salesforce has been having a rough ride of late — from activist pressure to executive departures and layoffs — it seems like everyone was piling onto a co
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