Quarter
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
AI startup funding hit a record in L.A. area last quarter. Here’s who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot market for artificial intelligence startups....
AI-Assisted Attacks Top Cyber Threat For Third Consecutive Quarter, Gartner Finds
For the third consecutive quarter, Gartner has found that cyber attacks staged using artificial intelligence are the biggest risk for enterprises. The consulting firm surveyed 286 senior risk and...
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent.The Japanese carmaker is...
Coupang falls after disappointing retail sales in third quarter
COUPANG slid in late trading on Tuesday (Nov 5) after reporting retail net sales that fell short of Wall Street’s expectations.Net sales totalled US$6.14 billion, up from a year...
Thomson Reuters reports higher third quarter revenue
THOMSON Reuters on Tuesday (Nov 5) reported higher than expected third-quarter revenue as it continued to invest in generative AI.
The Toronto-based content and technology company reported a quarterly revenue...
Tesla China shipments slip 5% in october after bumper quarter
TESLA’s Shanghai factory deliveries slipped in October, the unexpected softness coming after a record quarter for China shipments at Elon Musk’s carmaker.
The US electric vehicle maker shipped 68,280 Model...
UBS posts bigger-than-expected net profit in third quarter
UBS Group on Wednesday (Oct 30) reported a forecast-beating quarterly net profit of US$1.4 billion helped by cost reductions and revenue growth as the bank carried out its first...
