Browsing the "Velocity Worldwide" Tag

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• Global smartphone sales fall due to crisis in memory market

  Samsung’s profits from AI-driven memory chips offset the first-ever loss of its mobile division

  31 Jul
• Amazon reports strong growth in second quarter results

  Operating profit up 43% powered by US retail and AWS

  31 Jul
• Apple beats expectations in third quarter with revenue of $109.4bn

  Cupertino books with 16% year-on-year increase, beating analysts' predictions

  31 Jul
• AI drives Reddit towards higher revenue forecast

  Company attributes the strong outlook to growing interest from advertisers in its AI-driven advertising products

  31 Jul
• Microsoft closes financial year with record revenue thanks to cloud and AI

  Results undercut by announcement of 20% workforce cut at Xbox

  30 Jul