Financials articles
Nintendo profit plummets 55% as Switch hardware and software sales slow
Switch sales slow as next-gen launch nears
Xbox hardware revenue fell 42% last quarter, but overall gaming revenue rose 44%
Microsoft expects the trends to continue into the following quarter
The big picture: Some analysts predicted the Xbox Series X would outsell the PlayStation 5 in 2020. Instead, Sony's console has likely sold more than double the Xbox Series S and X. The situation is so dire that Microsoft hasn't disclosed precise unit sales in over a year and has begun releasing its games on competing consoles. The company's latest earnings call certainly won't improve investor outlook concerning the future of Xbox hardware.
3 programming languages that will help you land a job in finance
Strategic choices for finance jobs
TSMC market cap briefly hits $1 trillion as it readies 2nm chip trials for iPhone 17
Chipmaker for Apple and Nvidia joins them in the trillion dollar club
AMD engineer tells the tale of when the PlayStation 4 saved the chipmaker from bankruptcy
Jaguar kept the lights on during the post-Athlon, pre-Zen days
The buckets of AI and where Nvidia is crushing it
AI as Magic (AGI), AI as a Feature, and AI as a Product
Nvidia reports record revenue amid global AI boom, up 262% year-over-year
Team Green expects the good times to continue
PlayStation 5 surpasses Xbox One in lifetime sales but still misses Sony's revised yearly target
It was also revealed that Helldivers 2 is Sony's fastest-selling PlayStation game of all time
AMD's gaming revenue plunges 48% and might not recover until 2025
Fortunately, AMD has Zen 5 and Strix Point to look forward to later this year
Samsung on cloud nine after 933% Q1 profit jump, thanks to AI wave
The generative AI craze brought about a surge in memory chip prices, benefiting Samsung
Microsoft Xbox Series X/S sales downturn continued last quarter
Microsoft's figures would have looked a lot worse without Activision Blizzard
Intel's Foundry financials and what it needs to turn things around
We got pretty close guessing Intel Foundry's numbers
Most gaming time is spent on older titles like Fortnite and Minecraft, report says
Most are playing online live-service games that came out over six years ago
Intel says past mistakes contributed to its foundry business losing $7 billion last year
The figure is expected to be even higher in 2024
Blizzard just gave us a hint of how many World of Warcraft subscribers remain (and it's still in the millions)
Estimated at around 7.2 million subscribers
PC workstation shipments shrank almost 9% in 2023
Analysts expect growth in 2024 and 2025 from AI and migration to Windows 11
Video game industry headed for a 10-percent slump in consumer spending
Lack of new hardware, blockbusting games, and inflation puts the pinch on retailers and game makers
Microsoft wants to supercharge financial applications with Copilot for Finance
In a nutshell: Microsoft has just introduced yet another feature for its Copilot service, an extension designed to provide "intelligent" advice and automations based on a company's own financial data. Privacy and data security have been taken into account, the company vows.
Nvidia reports massive revenue spike amid global AI boom
Graphics cards prices will likely remain sky-high in the near term
A typo in Lyft's earnings results sent its stock soaring then plummeting
Wiping $2 billion off Lyft's market cap
Sony cuts PlayStation 5 sales forecast, no new major franchise entries planned before April 2025
PlayStation 5 sales aren't going to reach Sony's ambitious target
Nvidia soaring market cap nears Amazon and Alphabet, fueled by surging AI demand
Nvidia is now worth $1.7 trillion -- make that $1.82 trillion...
Jackpot baby! Artificial intelligence has proven incredibly fruitful for Nvidia and its shareholders over the past year, and could even help the chipmaker surpass Amazon in terms of total market capitalization. Closing at over $720 today, that's an increase of more than 20% year over year and nearly 50% since the beginning of 2024.
For the first time ever, Uber turns a profit for the full year
From money loser to money maker, Uber's come a long way
TSMC earns $69.3 billion in 2023 becoming world's largest semiconductor company by revenue
TSMC outperforms Samsung and Intel for the first time ever