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Mobileye forecasts downbeat annual revenue
Mobileye sees annual revenue below targets on weak China demand for its self-driving tech
Mobileye Global forecast fiscal 2025 revenue below Wall Street expectations on Thursday, anticipating fewer shipments of its assisted driving technology to China, sending its shares down more than 12% in premarket trading.
Mobileye forecasts downbeat annual revenue as China weakness persists
Shipments for the company's technology to China have been pressured by competition from domestic firms developing similar self-driving software at lower costs. In December, Mobileye said its major automotive customers were losing market share in the country as domestic manufacturers are now offering less-expensive battery vehicles in the region.
Mobileye full-year sales forecast misses estimates, weighing on shares
Investing.com - Mobileye (NASDAQ:MBLY) has forecast revenue guidance for the 2025 fiscal year that was well below expectations, sending shares sharply lower in premarket U.S. trading on Thursday.
Microsoft’s AI revenue run rate reaches $13B annually
Microsoft’s AI revenue run rate reaches $13B annually as tech giant tops earnings expectations
AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, with earnings of $3.23/share, topping Wall Street's expectations by both measures.
Microsoft says AI revenue has surpassed $13 billion annual run rate
Microsoft CEO Satya Nadella told analysts on the company's earnings call that its revenue from AI has surpassed an annual run rate of $13 billion. He said Microsoft has more than 200,000 monthly users on its Azure AI services,
Microsoft's Q2 Surprise: AI Revenue Soars 175%
Before that, a clip of Satya Nadella being “good” with his $80 billion went viral, and it seems as if Microsoft is only doubling down on AI from now. It recently reported its fiscal Q2 2025 earnings.
7h
'Wicked' fuels strong Comcast revenue, cushions broadband subscriber losses
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than ...
11h
BT’s Third-Quarter Revenue Drops After Business Unit Struggles
BT Group Plc’s struggling business segment dragged down sales in the third fiscal quarter as the company prepares to carve ...
The Wall Street Journal on MSN
6h
Southwest Airlines Revenue Higher on Holiday Activity
Southwest Airlines posted a profit in the fourth quarter as bookings during the holidays were better than expected.
24m
A.O. Smith Misses Earnings, Revenue Down
A.O. Smith missed top- and bottom-line estimates in its latest earnings release, with noticeable weaknesses impacting its ...
17h
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...
20h
on MSN
Meta forecasts first quarter revenue below estimates
(Reuters) -Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on ...
1h
SiriusXM Posts 4% Drop in Subscriber Revenue Amid Streaming App Struggles
SiriusXM's 2024 earnings show declines in subscriber and advertising revenue as the radio company's streaming app failed to jump start growth.
3h
on MSN
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came ...
1h
on MSN
Raise online tax returns issues now - revenue boss
A Guernsey Revenue Service boss has urged islanders to raise any online tax return issues straight away. The deadline for ...
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