Food waste is a significant issue in the United States, with a large portion of it ending up in landfills instead of being consumed. This excess waste not only contributes to environmental issues such as climate change but also leads to unnecessary production, packaging, storage, and delivery requirements. One recent study revealed that food production
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Palantir Technologies, a defense tech firm known for its big-data and artificial intelligence software, experienced a significant drop in its share price following the release of its latest financial results. The company reported earnings per share of 8 cents, which matched expectations, but fell short in terms of revenue, posting $634 million in revenue compared
Investment director Mark Hawtin from GAM Investment Management provided a critical viewpoint on Tesla’s progress towards rolling out its advanced driver-assistance feature in China. He emphasized that expectations surrounding Tesla’s Full Self Driving service are misleading, noting that it does not offer full autonomous driving capabilities as many are led to believe. Hawtin highlighted that
Coinbase recently reported its first-quarter earnings, surpassing market expectations. The company’s revenue stood at $1.64 billion, exceeding the anticipated $1.34 billion. This success was further highlighted by the net income of $1.18 billion, resulting in earnings of $4.40 per share. The significant improvement from the previous year’s loss of $78.9 million reflects Coinbase’s dedication to
Bitcoin recently experienced a significant drop to its lowest level in over two months, as broader risk-off sentiment permeated the markets. The world’s top digital currency by market value fell below $57,000 for the first time since February 28, reaching as low as $56,757.93. This decline of 6.3% on Wednesday brought Bitcoin’s price down to
As Amazon prepares to report its first-quarter earnings after the bell on Tuesday, analysts are anticipating an earnings per share of 83 cents and revenue of $142.5 billion. This comes amid a backdrop of continued growth and success for the tech giant, with Wall Street eagerly awaiting the release of these crucial figures. Apart from
The share price of Tesla saw a significant increase during U.S. premarket trading after the electric car manufacturer achieved a milestone in rolling out its full self-driving technology in China. The market reacted positively to the news of Tesla CEO Elon Musk’s visit to China, causing the share price to spike by more than 10%
The landscape of cloud infrastructure is rapidly evolving, with the demand for generative AI capabilities on the rise as more companies delve into the realm of artificial intelligence. Oracle, a major player in the cloud services sector, has been bolstering its generative AI offerings to stay ahead of the competition and capitalize on the burgeoning
The tech industry, which has seen remarkable earnings from companies like Alphabet and Microsoft, is still experiencing a wave of layoffs. Layoffs.fyi reported over 263,000 job cuts in 2023 alone, with more than 75,000 job losses already recorded in 2024. This trend is concerning as it reflects a shift towards prioritizing profit over growth, leading
In the wake of a tumultuous year marked by economic uncertainty and global instability, the top digital advertising companies have demonstrated remarkable resilience. Following a period of belt-tightening in response to inflation and cost pressures, Meta, Snap, and Google have all reported robust first-quarter results, defying expectations and surpassing analyst estimates. This resurgence comes after