Snap shares tumble 13% following disappointing fourth-quarter report

Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the virtual Google Pixel Fall Launch event in New York, on Tuesday, Oct. 19, 2021. Michael Nagle | Bloomberg | Getty Images Shares of Snap tumbled more than 13% on Wednesday, a day after the company released a disappointing quarterly report for the … Read more

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T-Mobile (TMUS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2022, T-Mobile (TMUS) reported revenue of $20.27 billion, down 2.5% over the same period last year. EPS came in at $1.18, compared to $1.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $20.79 billion, representing a surprise of -2.48%. The company delivered an EPS … Read more

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Applying AI Into Investment Management

Artificial Intelligence (AI), from popular culture with Terminator warnings to early high-profile applications like driverless cars, has built up some biases and unfavorable connotations. This has led to a great deal of skepticism in applying AI to compelling modern problems we are actively grappling with, especially in investment management. The reality is that AI is … Read more

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Can Artificial Intelligence Make The Bitcoin Rabbit Hole Easier To Explore?

As artificial intelligence tools become more powerful and accessible, can they help more people get a grasp on Bitcoin? This is an opinion editorial by Kroum Kroumov, a writer and editor with Bitcoin-focused venture design studio Peak Shift Ltd. Bitcoin innovation is snowballing, with new projects being released every month. As excited as I am … Read more

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Snap (SNAP) Reports Q4 Earnings: What Key Metrics Have to Say

Snap (SNAP) reported $1.3 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 0.1%. EPS of $0.14 for the same period compares to $0.22 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -0.32%. The company delivered an EPS surprise … Read more

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Britain sets out plans to regulate crypto industry in wake of FTX collapse

British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The U.K. formally laid out plans to regulate the cryptocurrency industry, with the government looking to rein in some of the reckless business practices that emerged over the past year … Read more

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Google is asking employees to test potential ChatGPT competitors, including a chatbot called ‘Apprentice Bard’

A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot and a potential way to integrate it into a search … Read more

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Indonesia’s seafood farming industry faces a ‘technology gap’ — and startups are raising big bucks to fill it

A worker refills a robotic dispenser by eFishery, an agritech startup, at a fish farm in Subang Regency in West Java, Indonesia, in June 2022. The startup helps farmers optimize their processes through automatic feeders and mobile apps. Dimas Ardian | Bloomberg | Getty Images Indonesia’s tech startups are reeling in big money in seafood … Read more

View More Indonesia’s seafood farming industry faces a ‘technology gap’ — and startups are raising big bucks to fill it

Amazon layoffs hit workers in robotics, grocery, health and AWS divisions

The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon’s 18,000-plus job cuts announced this month are being felt … Read more

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