Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend
- Shares slide as core business manage just single-digit growth — Alibaba is in the middle of a longer-term turnaround effort
PitchBook: VCs raised $30.4B globally in Q1 2024, a marked slowdown from 2023, which itself was the worst year since 2016, noting the end of the “megafunds” era
Data shows a ‘sustained slowdown’ has persisted in the first quarter of 2024 as a lack of exit options weighs on fundraising efforts
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas net sales up 2% to $50.4B, and Europe net sales up 10% to $30.4B
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas net sales up 2% to $50.4B, and Europe net sales up 10% to $30.4B
Services revenue reaches new all-time record EPS up 16 percent to new all-time high — Apple® today announced financial results …
Verizon reports Q1 revenue of $29.81B compared to estimates of $30.4B, with net income of $3.6B, sees net decline of 307K postpaid connections
Verizon lost postpaid retail customers in the first quarter, but the damage could have been worse without the launch of Verizon Unlimited.
Amazon reaches new high of 268,900 employees — skyrocketing 47% in just one year
The world of enterprise software … Alison Griswold / Quartz : Amazon's ability to turn a profit is no longer a cool trick Jordan Novet / VentureBeat : Amazon Web Services posts $2.88 billion in revenu...
Amazon reaches new high of 268,900 employees — skyrocketing 47% in just one year
The world of enterprise software … Alison Griswold / Quartz : Amazon's ability to turn a profit is no longer a cool trick Shawn Knight / TechSpot : Amazon turns in another record quarter, its third in...
Amazon beats expectations in Q2 with $1.78 earnings per share vs. $1.11 expected and $30.4B in revenue vs. $29.55B expected
Katie Roof / TechCrunch :