AMD Profit, Revenue Jump on Growth of Data Center Business
The chip maker's data center segment sales surged 57% year-over-year, driven by strong demand for its EPYC processors and the ramp-up of its Instinct GPU shipments.
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Electronic Arts Revenue Up as Net Bookings Grow; Buyout Deal Remains on Track
The videogame maker said net bookings-a measure that combines total net revenue and the change in deferred net revenue for online-enabled games-rose to $1.86 billion from $1.8 billion.
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Super Micro Computer Posts Higher Profit As Revenue Surges
The maker of server and computer products logged a third-quarter profit of $483.4 million, up from $108.8 million a year earlier.
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Strategy Reports Wider First-Quarter Loss on Lower Value of Bitcoin
The bitcoin treasury company on Tuesday reported a loss of $12.77 billion, driven by a drop in the value of its bitcoin holdings.
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Anthropic Releases New AI Agents for Financial Services Firms
The AI company is pushing further into a sector critical to its enterprise business as it targets revenue growth and barrels toward an IPO.
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Publishers Sue Meta for Allegedly Using Copyrighted Works to Train AI
Publishers including Cengage Learning, Hachette, Macmillan, McGraw and Scott Turow are demanding a jury trial to review their claims of copyright infringement.
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Match Group Profit, Revenue Rise as Tinder Turnaround Continues
Match said product changes at Tinder are resonating with Gen Z, helping the app's revenue tick up 2% after several quarters of declines.
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Coty Third-Quarter Revenue Ticks Down as Middle East Conflict Weighs on Demand
The beauty company posted a loss of $411.4 million in its latest quarter as the conflict in the Middle East hurt demand for its beauty products in the region.
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James Murdoch in Talks to Buy Vox's New York Magazine and Podcast Division
A challenging advertising market, changes in search traffic and increased competition have forced digital-media firms to recalibrate.
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Coinbase Laying Off 14% of Staff, Eliminating 'Pure Managers'
Crypto exchange bids farewell to management layers, says bosses will work alongside as many as 15 direct reports thanks to AI.
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PayPal to Cut 20% of Staff Amid Turnaround Push
PayPal plans to cut 20% of its staff over the next two to three years, according to a person familiar with the matter.
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Pfizer Posts Better-Than-Expected Revenue, Profit
Higher sales of cancer treatments helped fuel better-than-expected first-quarter sales and profit for the drugmaker.
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Nissan Motor to Cut Jobs in Europe to Shore Up Competitiveness
The company is considering eliminating 10% of its local workforce along with other operational overhauls to reduce costs.
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Victoria's Secret Rebukes Major Shareholder in Proxy Fight
Victoria's Secret accused one of its largest shareholders of pursuing a proxy fight after being denied a board seat, calling the effort a distracting campaign.
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HSBC Takes $400 Million Hit From Private-Credit Alleged Fraud
The provision is connected to Market Financial Solutions, a British mortgage lender that collapsed this year, according to people familiar with the matter.
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DuPont Lifts Outlook, Plans $275 Million Buyback
DuPont de Nemours lifted its outlook and plans to buy back $275 million of stock after swinging to a profit in the first quarter.
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KKR Swings to a Profit as Revenue Climbs on Insurance Growth
KKR swung to a first-quarter profit with revenue from its insurance division more than doubling.
(END) Dow Jones Newswires
May 05, 2026 17:00 ET (21:00 GMT)
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