Elon Musk was a little more straightforward on this earnings call, but is still Musk.
Category: Business
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Super Micro craters on report that Oracle canceled a more than $1 billion contract
BlueFin Research said the loss of this contract “is believed to be related” to the charges brought against Super Micro’s cofounder.
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Applied Digital surges after announcing $7.5 billion data center lease contract with its third hyperscaler client
“More than 50% of total contracted revenue is now backed by investment-grade customers,” per the press release.
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Avis’ announcement of Q1 earnings next week may portend an imminent share offering
It’s kind of the thing you’re supposed to do.
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Texas Instruments soars after beating on Q1 revenue, with strong guidance to match
The stock was up as much as 10% in early trading action on Thursday.
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Lyft to acquire London black cab app Gett UK
Lyft describes its international expansion strategy as “expanding ‘out’ in more locations and ‘up’ into more high-value segments.”
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Netflix announces $25 billion share buyback boost
The stock gained on the news.
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American Airlines cuts its full-year earnings forecast, reports better than expected Q1 revenue
American Air reported its first-quarter earnings before markets opened on Thursday, the last of the big four carriers to do so.
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ServiceNow’s woes are dragging the entire software sector down
It’s software spooky season… and misery loves company.
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Tesla’s big beat comes with a bigger bill ahead
The company’s positive free cash flow is largely due to the fact that it hasn’t ramped capex spending yet.
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Southwest reports lower-than-expected Q1 earnings and revenue, declines to offer full-year profit update
Southwest reported its first-quarter earnings after the bell on Wednesday.
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ServiceNow dives after reporting sequential decline in profit margins
Here’s what the SaaS giant — which has been badly battered by AI-related worries this year — said in its report.