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07 Aug 2024

Reddit Surpasses Revenue Expectations Amid Strong Advertising Spend

Reddit, the popular social media platform, has forecasted higher-than-expected quarterly revenue, driven by robust advertising spending. This comes as the company prepares for its highly anticipated initial public offering (IPO).

2 Sources

Dell Announces Job Cuts as Part of AI-Focused Restructuring

Dell Technologies is implementing layoffs as part of a strategic shift towards AI integration. The company aims to streamline operations and enhance worker effectiveness through AI-driven solutions.

3 Sources

Nvidia's Next-Gen AI Chips Face Potential Delays, Industry Insiders Reveal

Nvidia's highly anticipated Blackwell AI GPUs may be delayed, according to industry sources. The setback could impact the AI chip market and Nvidia's dominance in the sector.

2 Sources

Earnings Call Insights: Adecco Group AG and Aspen Technology Inc Report Q2 and Q4 2024 Results

A comparative analysis of the recent earnings calls for Adecco Group AG and Aspen Technology Inc, highlighting key financial results, market trends, and future outlooks for both companies in their respective industries.

2 Sources

Toast Reports Strong Q2 2024 Results, Raises Full-Year Guidance

Toast, Inc. (NYSE: TOST) announced impressive second-quarter 2024 financial results, showcasing significant growth in revenue and key metrics. The company raised its full-year guidance, reflecting confidence in its business model and market position.

2 Sources

Tech Companies Report Mixed Q2 2024 Earnings: ON24, Revolve Group, and Reddit Face Challenges

ON24, Revolve Group, and Reddit release their Q2 2024 earnings reports, revealing varying degrees of success and challenges in the current economic climate. Each company faces unique obstacles while implementing strategies for growth and profitability.

3 Sources

Axon Enterprise Reports Strong Q2 2024 Results, Raises Full-Year Guidance

Axon Enterprise, a leader in public safety technology, announced impressive Q2 2024 financial results. The company reported significant revenue growth and raised its full-year guidance, driven by strong demand for its products and services.

2 Sources

Tech Companies Report Mixed Q2 2024 Earnings: Upwork, Fastly, BlackLine, Rapid7, and Certara

Several technology companies, including Upwork, Fastly, BlackLine, Rapid7, and Certara, have released their Q2 2024 earnings reports. The results show varying performances across different sectors of the tech industry.

9 Sources

Amazon Great Freedom Festival: Massive Discounts on ACs and Gadgets

Amazon's Great Freedom Festival sale offers significant discounts on air conditioners and various gadgets. Customers can enjoy up to 55% off on top AC brands and up to 91% off on smartwatches and headphones.

3 Sources

Palantir Stock Surges Following Strong Q2 Earnings and AI Potential

Palantir Technologies' stock price soars after impressive Q2 earnings report. Investors and analysts debate the company's valuation and future prospects in the AI market.

2 Sources

Samsung Galaxy Watch 6 Classic: A Blend of Tradition and Innovation

Samsung's latest smartwatch, the Galaxy Watch 6 Classic, combines traditional design with modern features, offering a compelling option for Android users seeking a premium wearable experience.

2 Sources

Lumen Technologies and Super Micro Computer Report Strong Q2 2024 Earnings

Lumen Technologies and Super Micro Computer have released their Q2 2024 earnings reports, showcasing significant growth and strategic developments. Both companies demonstrate positive momentum in their respective sectors.

3 Sources

Reddit to Launch Monetization Features for Developers and Users

Reddit CEO Steve Huffman announces plans to introduce monetization features for developers and users. The platform aims to create an ecosystem where users can earn money through their contributions.

2 Sources

Google Branded a Monopolist: AI Poised to Reshape Internet Search Landscape

A federal judge has ruled that Google operates an illegal monopoly in the internet search market. However, the rapid advancement of AI technology may bring about significant changes in the search industry faster than any antitrust remedies.

4 Sources

Instacart Reports Strong Sales and Expands Services with Uber Eats Partnership

Instacart exceeds sales expectations and provides a positive earnings outlook. The company also announces a strategic partnership with Uber Eats to integrate restaurant orders, expanding its service offerings.

2 Sources

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