revenue

Despite a 3% drop in Bitcoin's (CRYPTO: BTC) network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global...

The conversational artificial intelligence (AI) company SoundHound AI Inc. (NASDAQ:SOUN) surged over 11% on Tuesday after having the second-highest volume day of 2025. With several positive technical indicators, this particular momentum signaled that the stock may be overbought. What Happened: As...

ASML Holding NV (NASDAQ:ASML) reported better-than-expected first-quarter earnings as its revenue and earnings per share beat analyst estimates on Wednesday. What Happened: A Dutch lithography equipment supplier to Nvidia Corp. (NASDAQ:NVDA), ASML, reported its first-quarter revenue of €7.742...

Nvidia Corp. (NASDAQ:NVDA) has consistently achieved record revenue over the years, and analysts project continued growth. However, its investments in neo cloud companies may impact revenue, according to an analyst. What Happened: This analyst, who was a former public equity investor in Nvidia on...

E-commerce player Amazon.com Inc.’s (NASDAQ:AMZN) quarterly revenue surpassed retail giant Walmart Inc.'s (NYSE:WMT) sales in the fourth quarter for the first time since 2000. Jeff Bezos said in 2018 that every overnight success takes at least 10 years, but this particular milestone took 25...

A global report released Wednesday by the International Confederation of Societies of Authors and Composers (CISAC) predicts that artificial intelligence (AI) will significantly impact the creative industries, with workers in music and audiovisual fields expected to lose nearly 25% of their income...

Elon Musk‘s social media platform X is expected to witness a drastic reduction in advertising expenditure in 2025. This forecast comes in the wake of a report by UK-based market research firm Kantar. What Happened: Kantar’s research indicates a 26% decline in marketers’ ad spend...

Revenues from Bitcoin (CRYPTO: BTC) mining plunged to an 11-month low as the industry continued to grapple with the fallout of April halving and the apex cryptocurrency's downward price action.  What happened: According to data from BitBo, miner earnings plummeted to a little over $827 million...

Recent reports have shed light on the financial health of popular messaging and social media platform Telegram. Contrary to the robust image portrayed by CEO Pavel Durov, the company’s financials suggest a different story. What Happened: Telegram, which boasts more than 900 million users,...

Bank of America Corporation (NYSE:BAC), Charles Schwab Corporation (NYSE:SCHW) and Morgan Stanley (NYSE:MS) are expected to report their second-quarter earnings on Tuesday. Analysts expect Bank of America to post earnings per share (EPS) of 80 cents alongside $22.52 billion in revenue for the...

Bain & Company forecasts that global video gaming revenue will grow from $199 billion in 2022 to $307 billion by 2027. This represents a compound annual growth rate (CAGR) of 9%. What’s Driving This Growth? Analysts at Bain & Company credit the heavy engagement of younger gamers,...

Microsoft Corporation (NASDAQ: MSFT) CEO Satya Nadella confirmed that "Starfield" had a significant impact on the growth of Xbox Game Pass. When "Starfield" was launched, it resulted in the highest single-day increase in Game Pass subscribers ever recorded, according to Insider...

Ethereum (CRYPTO: ETH) managed to get to revenue levels that tech majors failed to reach after years of operations. The platform’s diverse revenue sources and strong network activities were the driving factors. What Happened: Launched in 2015, Ethereum now touched a revenue...

Microsoft Corporation's (NASDAQ: MSFT) Xbox reported a 13% decline in hardware revenue for the fourth quarter and the full fiscal year ending June 30 due to lower console sales compared to 2022. Yet gaming revenue increased by $36 million, driven by growth in Xbox content and services...

Marijuana Company of America Inc. (OTC PINK: MCOA) announced on Tuesday its financial results and other financial highlights for the third quarter and nine months ending September 30, 2022. Jesus Quintero, the company's CEO, said that the company is "aggressively pursuing M&A activity...