Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 15% after the report. Here’s how…
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. My latest conversations with investors reveal a notable shift: China has taken note of how finance powered Silicon Valley’s rise and is following suit….
I am growing tired of the endless bubble talk about all of the data center spending. It’s obvious from this quarter that the bubble talk has been proven wrong; try getting someone to say that, though. So, who do I think I am to go there? Just an observer. One who believes that this was…
Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over…
An Elon Musk sign sits in a bush the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | AFP | Getty Images A progressive wing of the Democratic Party in Delaware is endorsing primary opponents to six incumbent Democratic state lawmakers…
Apple CEO Tim Cook gestures as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters The global memory crisis played an outsized role in tech earnings season, which hit an apex this week. Apple CEO Tim Cook warned it’s just the…
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and…
Google CEO Sundar Pichai looks on during the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | AFP | Getty Images Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report. Earnings per share: $5.11 Revenue: $109.9…
Microsoft shares slipped 2% on Wednesday after the software maker reported lower-than-expected capex even as earnings and revenue topped estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.27 adjusted vs. $4.06 expected Revenue: $82.89 billion vs. $81.39 billion expected Microsoft’s revenue grew 18% year over year in the quarter,…
With Mark Zuckerberg counting on Meta’s new artificial intelligence model, Muse Spark, to revive his company’s standing in the booming AI market, guidance and commentary are going to be of heightened importance following first-quarter earnings on Wednesday. That’s because the new model, formerly codenamed Avocado, was unveiled in early April, just as the second quarter…