Amazon Web Services growth surges as Q1 cloud revenue rises 25% to $37.6B AWS growth jumps 25% as Amazon posts $37.6B in Q1 cloud revenue, citing surging AI demand; Andy …
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Business
BP posts Q1 profit rise to $3.2 billion as oil trading outperforms
by Leo Müllerby Leo MüllerBP profit jumps to $3.2 billion in Q1 as oil trading offsets Middle East disruption BP profit rises to $3.2bn in Q1 as oil trading and higher Gulf of Mexico …
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Business
SAP posts robust Q1 as cloud revenue surges 19% and backlog rises 20%
by Leo Müllerby Leo MüllerSAP Q1 results: Cloud revenue climbs 19% as AI demand lifts profit but company warns of Q2 slowdown SAP Q1 results: cloud revenue up 19% and adjusted EBIT +17%. Company …
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Business
Tesla posts higher revenue and profit as deliveries rise amid Musk controversies
by Leo Müllerby Leo MüllerTesla Quarterly Results: Revenue and Profit Rise as Deliveries Increase Tesla quarterly results show revenue and profit growth driven by higher deliveries, with controversies around Elon Musk still weighing on …
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Technology
TSMC posts 35% first-quarter revenue surge to €30.5 billion on AI demand
by Helga Moritzby Helga MoritzTSMC revenue jumps 35% in Q1 as AI demand drives record sales TSMC revenue surged 35% in the first quarter to €30.5 billion, boosted by strong demand for AI processors …
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Business
Volkswagen posts 4% global sales decline as China and US slump
by Leo Müllerby Leo MüllerVW sales decline continues as weak demand in China and US offsets European gains VW sales decline deepens with 2.05 million global deliveries January to March as China drops 15 …