Samuel Nwite
AUTHOR: Samuel Nwite
Peloton Posts First Annual Profit but Forecasts Weaker Sales as Growth Challenges Persist
Peloton Interactive delivered its first full year of net profit and operating income in fiscal 2026, marking a major turnaround for the connected fitness...
Siemens Lifts Full-Year Outlook After Record Industrial Profit As AI Infrastructure Boom Drives Orders
Siemens raised its full-year earnings guidance on Thursday after reporting a record quarterly industrial profit, as surging global investment in artificial intelligence infrastructure fueled...
Block Raises 2026 Profit Outlook as Cash App Powers Growth, AI Efficiency Boosts Margins,...
Block Inc. raised its full-year gross profit forecast after delivering better-than-expected second-quarter results, underscoring the resilience of digital payments and the growing contribution of...
Samsung Unveils Next-Generation AI Memory Technologies to Strengthen Lead in Booming Semiconductor Market
Chipmaker introduces 400-layer BV-NAND prototype and next-generation zHBM architecture as AI drives demand for faster, denser and more energy-efficient memory
Samsung Electronics on Tuesday unveiled...
Big Tech Locks In More Than $1tn of Future AI Data Center Leases, Underscoring...
Microsoft, Meta Platforms, Oracle, Amazon and Alphabet have collectively committed more than $1 trillion in future lease payments for data centers and other infrastructure...