Tag: fast
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Netflix issues weak fourth-quarter forecast, shares drop
LOS ANGELES, Oct 20 : Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell more than 5 per cent to $68.69 in after-hours trading.
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Super Micro sees quarterly revenue soaring on AI server boom
Oct 20 : Super Micro Computer said on Tuesday it expects quarterly revenue and profit margin well above Wall Street estimates as the server maker benefits from relentless AI data center demand, sending its shares 11.3 per cent higher in after-hours trading. Rivals Dell and HPE gained between 3.5 per cent and
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At least 17 data center campuses proposed on US public lands, group says
Oct 20 : At least 35 data center-related applications covering more than 24,000 acres of US federal land are pending or active across six Western states, according to an analysis by conservation group Center for Western Priorities.• US Bureau of Land Management records show at least 17 proposed data center
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Bavuma battles adversity to put South Africa in control
GQEBERHA, South Africa, Oct 20 : South Africa captain Temba Bavuma said he enjoyed battling against adversity as he scored 179 on Tuesday to turn around his side’s fortunes in the second test against Australia and also quell some of his own mental demons.The captain produced a defiant display and showcased
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Anthropic logged net loss of over $80 billion in first half of 2026, WSJ reports
Oct 20 : AI startup Anthropic recorded a net loss of more than $80 billion in the first half of this year, including $72 billion in accounting charges, the Wall Street Journal reported on Tuesday, citing a draft initial public offering prospectus.That compares to a net loss of $13 billion during the same peri
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Real Madrid seek Super League setup payments from Premier League six
Oct 20 : Real Madrid are seeking contributions towards the setup costs of the failed European Super League project from the six Premier League clubs that withdrew shortly after its launch, the Spanish side confirmed to Reuters on Tuesday.The Athletic reported that the total costs could reach €80 million ($8
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Netflix issues weak fourth-quarter forecast as company seeks to kick-start growth
LOS ANGELES, Oct 20 : Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell nearly 7 per cent to $63.99 in after-hours trading. The sto
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FIA boss happy for F1 to race in Middle East, less sure about Dakar Rally
BIGGIN HILL, England, Oct 20 : Formula One’s governing body is happy for the last two races of the season in Qatar and Abu Dhabi to proceed as planned, despite the Iran war and conflict in the Gulf region, International Automobile Federation (FIA) president Mohammed Ben Sulayem said on Tuesday.Speaking to rep
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SpaceX quarterly revenue jumps, beats estimates as AI business surges
Oct 20 : Elon Musk’s SpaceX on Tuesday reported a 161 per cent rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI business and steady growth at its Starlink satellite-internet unit.Revenue in the third quarter stood at $14.58 billion, compared with analysts’ estimate of $12.
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