Keywords: Revenue


Arm shares surge as new AI chip promises billions in revenue

U.S.-listed shares of Arm Holdings rose nearly 12% in premarket trading Wednesday after the chipmaker announced projections of billions in annual revenue from its new artificial intelligence (AI) data-center chip. Traditionally known for licensing its designs to companies such as Nvidia and Qualcomm,......

Kenya Airways reports $138 million pre-tax loss in 2025

Kenya Airways has reported a pre-tax loss of approximately $138 million for the year 2025, marking a significant downturn after returning to profitability the previous year. The airline indicated that declining revenues played a major role in the negative results. Total income dropped notably compared......

Russia gold reserves fall to four year low amid budget strain

Russia’s central bank has reduced its gold holdings to the lowest level in four years after selling roughly 500,000 troy ounces in early 2026, as mounting fiscal pressure and declining energy revenues weigh on the country’s finances. Data released by the Bank of Russia shows reserves fell......

Amazon sees AI driving AWS revenue to 600 billion dollars

Amazon chief executive Andy Jassy said artificial intelligence could help Amazon Web Services reach 600 billion dollars in annual revenue within the next decade, significantly raising his earlier forecast, according to remarks reported by Reuters. Speaking at an internal company meeting, Jassy said......

Tencent reports record revenue and shifts buyback funds to AI

Tencent Holdings reported strong financial results for the fourth quarter of 2025, with revenue reaching 194.4 billion yuan, or about 28.3 billion dollars, marking a 13 percent increase from a year earlier and slightly exceeding analyst forecasts. Net profit attributable to shareholders rose 14 percent......

Morocco tourism sector nears 900,000 jobs as visitor numbers surge

Morocco’s tourism sector supported 894,000 direct jobs in 2025, exceeding employment targets set under the country’s 2023 to 2026 tourism roadmap, according to the High Commission for Planning. The sector created 92,000 new direct jobs over the past three years, surpassing the roadmap’s......

Swedish startup Lovable reaches $400 million revenue with 146 employees

Swedish software startup Lovable has reached $400 million in annual recurring revenue as of February 2026, marking one of the fastest growth trajectories in the history of software startups. The company added $100 million in recurring revenue in a single month, according to Ryan Meadows, Lovable’s......

Toyota and Stellantis exit Tesla emissions pool under EU rules

Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually......

Morocco’s ADM reports 20 percent revenue rise, expands highways for 2030 World Cup

Morocco’s national highway operator, Autoroutes du Maroc, posted a 20 percent increase in consolidated revenue in 2025, reflecting stronger traffic activity and a surge in construction works as the country accelerates infrastructure upgrades ahead of the 2030 FIFA World Cup. Revenue reached MAD......