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Results for "profit"
73 articles
💰 Business
Micron revenue quadruples to $50B as stock jumps 15%
Micron's stock surged 15% after it reported a 4x revenue increase to $50 billion, driven by AI-driven demand for memory chips. Record profits and long-term sup…
📈 Markets & Finance
SpaceX trading volume 3.5x Nvidia despite $2 trillion valuation
SpaceX's IPO raised $75 billion and briefly made it the fourth most valuable U.S. corporation with a $2 trillion valuation, despite not being profitable. Its r…
📈 Markets & Finance
FedEx shares drop 4% despite strong quarter
FedEx's shares fell 4% despite beating profit estimates because the spin-off of FedEx Freight and rising costs hurt margins. The company's struggles highlight …
📈 Markets & Finance
Cerebras stock drops 10% after earnings forecast.
Cerebras reported near-doubled revenue ($191M) but warned of shrinking margins (36%-38% vs 46.5%), sending its stock down 10%. High growth doesn’t guarantee pr…
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