17 articles · page 1 of 2 · showing 1 to 12
Zimmer Biomet raised the lower end of its annual sales growth forecast after stronger hip sales helped offset declining knee revenue. CEO Ivan Tornos attributed the knee weakness primarily to commercial execution. The company is also preparing a regulatory…
Verizon signed an AI infrastructure agreement worth more than $2 billion with Amazon Web Services and raised its 2026 earnings outlook. The company added 406,000 postpaid phone connections…
Airbnb says AI has cut feature development time by up to 60% as the company prepares to test a new natural-language search experience.
Shopify says AI search is increasing traffic, orders and conversions for merchants while traditional Google search continues to grow alongside it.
Lucid Motors has outlined a turnaround strategy centred on $1.4 billion in cash savings, robotaxis, its Saudi factory and a delayed mid-size EV.
SpaceX reported Q2 2026 revenue of $7.8 billion as AI compute deals with Anthropic and Google and Starlink fueled strong year-over-year growth.
Palantir CEO Alex Karp criticised leading AI labs while reporting record quarterly results, arguing enterprises should retain control of their data and AI infrastructure.
Reddit beat earnings expectations, but investor concerns about AI-driven changes in search traffic and slowing U.S. user growth sent shares lower.
Microsoft recorded a $3.2 billion quarterly gain from Anthropic while marking down its OpenAI investment by about $600 million in its fiscal fourth quarter.
PayPal has left the door open to a higher takeover offer after beating Q2 expectations, as Stripe’s reported $53.4 billion bid remains on the table.
IBM blamed delayed mainframe purchases tied to AI infrastructure spending for a weak quarter, while maintaining that customers are not abandoning the platform.
Alphabet reported strong Google Cloud growth driven by enterprise AI adoption, reinforcing its strategy of investing heavily in AI infrastructure.
