Enterprise

In a surprising turn of events, DoorDash, a leading food delivery platform, has defied expectations and exceeded Wall Street forecasts. On Thursday, the company’s shares experienced a remarkable surge of over 16% following the release of its financial results. DoorDash reported a staggering $2.2 billion in revenue, surpassing analysts’ expectations of $2.1 billion, as reported
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Shares of SolarEdge, a leading solar product manufacturer, took a massive hit in extended trading on Wednesday, plummeting more than 20%. The company’s disappointing performance was attributed to its soft guidance for the fourth quarter, reflecting the ongoing struggles in the renewable energy sector. Analysts had high expectations, but SolarEdge fell short on several key
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Zodia Custody, the crypto security firm owned by Standard Chartered, is making its mark in the Hong Kong market. As a renowned banking giant, Standard Chartered is driving the push for Zodia’s expansion into the Asia-Pacific region. With the increasing demand for crypto from institutions in Hong Kong, Zodia sees this as the perfect opportunity
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Google has recently made a momentous decision to invest up to $2 billion in Anthropic, an artificial intelligence (AI) startup founded by former OpenAI executives. This groundbreaking commitment includes an upfront cash infusion of $500 million, with an additional $1.5 billion to be invested over time. Anthropic’s spokesperson has confirmed the news, revealing that the
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Despite being banned in China, Meta (formerly Facebook) experienced significant growth in the country’s advertising market. In the third-quarter earnings report, Meta announced a 23% increase in sales compared to the previous year. This growth outperformed smaller rivals such as Snap and X (formerly Twitter), highlighting Meta’s resilience in a challenging digital ad market. Chinese
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