Reddit reported a strong second quarter on Thursday, with revenue and net income beating Wall Street expectations, but the stock slid over 10% in after-hours trading after CEO Steve Huffman warned that search referrals had become āchoppyā due to changes in the search landscape driven by artificial intelligence.
Juiced Bikes, a once-dominant player in the North American e-bike market, has relaunched under new ownership with the Scrambler, a moped-style e-bike designed to push legal performance limits without crossing them.
Construction has begun on a massive 1 GWh battery energy storage system in Ohio, marking the largest such project in the PJM grid that serves 13 states and Washington, DC.
Apple CEO Tim Cook has hinted that the company may introduce a paid tier of iCloud Plus for users who require extensive access to its upcoming artificial intelligence features.
In a memo obtained by The Verge, Sharma set a target for Xbox to achieve player and revenue growth by the end of fiscal year 2027, which runs through next June.
During the third fiscal quarter conference call for fiscal year 2026 held recently, Apple CEO Tim Cook hinted that with the upcoming release of iOS 27, Apple plans to introduce a higher-tier iCloud+ subscription for users who frequently use AI features.
CEO Mark Zuckerberg revealed on the second-quarter earnings call that several new apps are in the pipeline, including recently launched apps for Marketplace sellers, Facebook Groups, a gaming app built through 'vibe coding,' an Instagram photo app, and an AI bedtime story experiment.
Microsoft's stock price surged 15% at Thursday's close, adding approximately $450 billion in market value, marking its largest single-day gain in nearly 18 years.
Appleās services business, a key growth driver for the company, fell short of Wall Street expectations in the fiscal third quarter, missing revenue estimates by nearly $500 million.
The 2026 FIFA World Cup generated $20 billion in blockchain-based prediction market volume and $24 million in digital collectible trades, with over 400,000 wallets participating in blockchain betting, according to a report from blockchain analytics firm Chainalysis.
