by Arvelisse Bonilla Ramos | Nov 22, 2023
Analysts believe Adobe’s foray into artificial intelligence will boost its business. The company may soon give clues on just how much. The software giant is expected to release its fourth-quarter results Dec. 13, and revenue is poised to reach $5 billion for the...
by Mariam Kiparoidze | Nov 3, 2023
Photo credit:Wikimedia Commons Pfizer reported a loss in the third quarter as it tries to adapt to the faltering demand on its Covid-19 drug and vaccines. Pfizer reported a net loss of $2.38 billion last quarter, missing analyst expectations, the pharmaceutical giant...
by By David Westenhaver | Oct 31, 2022
By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line. The social media company reported...
by David Westenhaver | Sep 19, 2022
By David Westenhaver Social media stocks have endured a bloodbath for much of the year, and their outlook remains worrisome, especially if a slowing U.S. economy cuts into ad revenue. Meta — the heavyweight champion of the social media industry thanks to Facebook and...
by K. Jared Wright | Dec 22, 2021
Live entertainment is back across the country, and people are reopening their wallets when WWE (NYSE: WWE) comes to town. The professional wrestling conglomerate expects strong demand for its live events and from merchandise sales at the venues where its events are...