revenue

Key Takeaways: Dell Shares Plummet 11% After Revenue Miss – Watch These Critical Price Levels for Potential Reversal

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Austin, Texas – Dell shares took a hit in extended trading on Tuesday after the company reported fiscal third-quarter revenue that fell short of Wall Street expectations. The stock fell by 11% following the news, with investors closely monitoring key support levels and overhead areas on Dell’s chart. During the earnings call, Dell guided revenue for the upcoming quarter between $24 billion and $25 billion, below the $25.6 billion expected by analysts. Despite reporting record …

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Dell Technologies Stock Plummets 10% After Mixed Third Quarter Results – AI Servers Lead to Sharp Revenue Growth

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ROUND ROCK, Texas – Dell Technologies (DELL) shares experienced a significant drop in value following the release of its fiscal third-quarter results, which showed a mix of outcomes. While earnings surpassed expectations, sales fell short of projections despite strong growth in AI-related server sales. In an official statement, Dell reported adjusted earnings of $2.15 per share on revenue of $24.4 billion for the quarter that ended in October. Analysts surveyed by FactSet had predicted adjusted …

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Baidu Unveils AI Glasses to Rival Meta: Chinese Giant Beats Revenue Expectations Despite Drop

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Beijing, China – Baidu, a prominent Chinese tech giant, recently introduced a new pair of AI-powered glasses to rival Meta’s successful Ray-Ban smart glasses. The glasses come equipped with a built-in AI assistant, marking a significant move in the AI-powered hardware market. Despite a 3% decline in third-quarter revenue, Baidu exceeded market expectations, with revenue reaching $4.78 billion and net income rising by 14% to $1.09 billion. The company saw a notable increase of 12% …

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Earnings Explosion: NVIDIA’s Q3 Revenue Hits $35.1 Billion, Breaking Records!

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Santa Clara, California – Tech giant NVIDIA Corp reported impressive financial results for Q3, with record revenue of $35.1 billion, reflecting a 17% increase from the previous quarter and a significant 94% jump from the previous year. The company’s data center revenue also reached new heights, hitting $30.8 billion, with a 112% year-on-year growth driven by robust demand for NVIDIA Hopper and H200 products. Moreover, NVIDIA’s AI enterprise revenue is set to more than double …

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NVIDIA’s Blackwell AI Chip Growth Explodes: Surprising Revenue Forecast and Market Impact

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(Corrected)-SAN FRANCISCO, CA – Nvidia, the artificial intelligence chipmaker, announced its forecast for its slowest revenue growth in seven quarters. Despite falling short of some investors’ high expectations that have positioned it as the world’s most valuable firm, Nvidia’s shares initially dropped before recovering slightly during after-hours trading. The company’s stock, which has seen exceptional growth over the last few years, closed the regular session lower as expectations were not met following the results. Expectations …

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AI Chip Demand Boosts Nvidia Revenue, Profits Double in Record Quarter

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San Jose, California – Nvidia, the leading technology company known for its high-performance graphics processors, announced a significant increase in revenue as demand for AI chips remains robust. The company’s earnings surpassed expectations, reflecting the growing adoption of artificial intelligence across various industries. In their latest financial report for the third quarter of fiscal 2025, Nvidia reported a nearly doubled profit, driven by soaring sales of A.I. chips. This surge in revenue highlights the pivotal …

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Apple TV+ Considers Adding Ads to Boost Viewer Numbers and Revenue – Will Subscribers Stick Around?

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Cupertino, California – The streaming service landscape is evolving rapidly, with Apple TV+ adapting to changing consumer behaviors by exploring new tactics to retain and attract subscribers. One key strategy involves participating in streaming bundles, a move aimed at increasing customer loyalty and reducing subscription cancellations. Apple TV+ is now part of Comcast streaming bundles, providing users with more options to access its content. Moreover, Apple has expanded its reach by allowing customers to subscribe …

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Nvidia Expects 80% Revenue Jump in Q3! Will Stock Rally Continue?

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Santa Clara, California – Nvidia (NVDA -1.29%) is gearing up to unveil its fiscal 2025 third-quarter results on Nov. 20, a highly anticipated event that will test the stock’s impressive rally driven by artificial intelligence (AI). The semiconductor giant has seen its shares surge by a remarkable 196% this year, making it a focal point for investors and analysts alike. Over the past year, investors’ reactions to Nvidia’s quarterly results have been a mixed bag. …

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Disney’s Historic Revenue Growth and Future Expansion Plans: Everything You Need to Know for Your Next Magical Visit

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Orlando, Florida – The Disney theme park division has seen great success in fiscal year 2024, with record revenue and profit reported. Revenues increased by 5% to $34.15 billion for the year, while operating income went up by 4% to $9.27 billion. The Experiences sector, which includes parks, resorts, cruises, and consumer products, was the second-highest revenue generator for Disney, with the entertainment division leading the way at $41.18 billion in revenue during the same …

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Surprise Surge: Cisco Beat Earnings Expectations & Raises Full-Year Forecast Despite Revenue Decline

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SAN JOSE, California – Cisco Systems, a leading networking-equipment provider, surprised analysts with its fiscal first-quarter earnings report. Despite a decrease in revenue, the company’s net income of $2.7 billion or 68 cents per share surpassed expectations. This marks a drop from the previous year’s $3.6 billion or 89 cents per share, but still exceeded projections. The company reported revenue of $13.8 billion for the first quarter, a 6% decline year-over-year. This figure aligns closely …

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