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Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company reported GAAP net revenue of $1.37 billion, also down by 3%, and a GAAP loss per share of 54 cents. Take-Two revised its 2024 net bookings forecast lower to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier. ....
Raymond James noted current public cloud trends as positive and specifically highlighted Amazon.com's fourth-quarter AWS revenue growth re-acceleration as favorable to Snowflake as its Cloud Data Warehouse platform is built and deployed mainly on Amazon's AWS. ....
Corteva reported quarterly adjusted earnings of 15 cents per share, beat the analyst estimates of six cents and representing a 6.25% decrease over earnings of 16 cents per share year-over-year. Additionally, Corteva announced plans to repurchase approximately $1 billion shares in 2024. ....
Meta CEO Mark Zuckerberg revealed in an Instagram Reels video posted Thursday that the company is planning to amass approximately 350,000 H100 GPUs from Nvidia Corporation (NASDAQ:NVDA) in an effort to advance the company's AI goals. ....
PayPal will be hosting an keynote, PayPal First Look, at 12:30 p.m. ET on Jan. 25 to discuss first innovations PayPal and Venmo are piloting and bringing to market this year. "Twenty-five years ago, at the dawn of the internet, PayPal was created and e-commerce was born – fast forward through decades of innovation and unimaginable growth, PayPal is leading the way to provide safe, secure experiences to customers around the world," said Alex Chriss, CEO of PayPal. ....