Keywords: Revenue


Anthropic revenue tops $30 billion as tpu deal expands capacity

Anthropic said its annualized revenue has surpassed $30 billion, marking a sharp acceleration from about $9 billion at the end of 2025 and roughly $19 billion in late February. The company also reported that the number of enterprise clients spending more than $1 million annually has doubled to over 1,000. The......

Apple shares slide on foldable iPhone delays and App Store growth concerns

Apple shares fell sharply on Tuesday, weighed down by a report citing technical setbacks affecting the company's first foldable iPhone and fresh analyst data pointing to a slowdown in App Store revenue growth. The stock ranked among the weakest performers on the Dow Jones Industrial Average during......

Africa’s creative economy draws investor interest as sector matures

At GITEX Africa Morocco 2026, discussions around Africa’s technology ecosystem are expanding beyond traditional sectors to include the continent’s growing creative economy, where global visibility is beginning to translate into economic opportunity. Creative industries across Africa, including......

Sonasid reports strong growth in 2025 with rising profits and dividend proposal

Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......

Goldman Sachs upgrades Netflix to buy, citing advertising growth and buyback potential

Goldman Sachs upgraded Netflix from Neutral to Buy on Monday, raising its 12-month price target to $120 from $100, with analyst Eric Sheridan citing a "more favorable risk-reward setup" ahead of the streaming giant's first-quarter 2026 earnings on April 16. The new target implies upside......

Foxconn reports strong first-quarter growth driven by AI demand

Foxconn, the world’s largest contract electronics manufacturer, announced a significant rise in its first-quarter revenue, reflecting growing demand for artificial intelligence technologies. The company reported revenue of approximately T$2.13 trillion for the January–March period, marking......

Russia earns $9 billion a month in oil windfall from the Iran war

One month into the U.S. and Israeli war against Iran, Russia has emerged as one of the conflict's primary economic beneficiaries, collecting billions of dollars not only from surging oil prices but across a broad range of commodities including aluminum, fertilizers, and liquefied natural gas. The......

Nvidia shares drop amid TurboQuant fears and lawsuit pressure

Nvidia shares fell about 4% Thursday as investors reacted to competitive, legal and regulatory challenges facing the AI chip leader. Google unveiled TurboQuant this week, an algorithm that cuts AI memory use by up to six times and boosts H100 inference speed by eight times without accuracy loss. Set......

Iran earns $139 million a day from oil as Hormuz crisis boosts revenue

Iran has likely collected hundreds of millions of dollars in additional oil revenue since the U.S.-Israeli military campaign began on February 28, exploiting its unique position as the only major Persian Gulf producer still able to ship crude through the Strait of Hormuz. The windfall represents a central......