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Reddit shares jump as much as 20% on second-quarter sales and guidance beat

cnbc.com Jonathan Vanian 2025-12-18 12:34:51

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's revenue grew 78% year-over-year in the second qu

Topics: company huffman million quarter reddit

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Reddit revenue soars as it bets on AI and advertising

techcrunch.com Lauren Forristal 2025-12-18 12:13:23

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s total revenue. Last month, Reddit launched two new features for advertisers: Reddit Insights, a to

Topics: ai million quarter reddit tool

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Apple says tariffs added $800M in costs last quarter, expects over $1B hit in Q4

9to5mac.com Marcus Mendes 2025-12-18 17:34:54

As part of the ongoing Q3 2025 earnings call, Apple CEO Tim Cook gave an update on how the U.S. tariff war is affecting the company’s business, and detailed what to expect during the next fiscal quarter if nothing changes. On the conference call, Cook said: “For the June quarter, we incurred approximately $800 million of tariff-related costs. For the September quarter, assuming the current global tariff rates, policies, and applications the balance of the quarter, and no new tariffs are adde

Topics: apple billion million quarter tariff

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Apple stock gets a cautious boost after beating Q3 expectations

9to5mac.com Marcus Mendes 2025-12-18 17:57:25

Apple shares are up around 3% in after-hours trading, following the company’s fiscal Q3 2025 earnings report, which topped Wall Street expectations. Wall Street cautiously optimistic on strong earnings A few moments ago, Apple posted $94.04 billion in revenue for the June quarter, up 10% year over year, and ahead of what analysts had projected. Still, the market response has been measured, with shares up around 3% after hours. This could suggest investors had largely anticipated a strong quar

Topics: apple earnings market quarter tariff

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Programmers aren’t so humble anymore, maybe because nobody codes in Perl

news.ycombinator.com Samuel Arbesman 2025-12-16 03:51:22

Perl was once everywhere. Or at least it felt that way. Around the turn of the millennium, it seemed that almost every website was built on the back of this scripting language. It processed massive amounts of text—mechanisms for doing this powerfully and easily were part of the language—and it was even used in bioinformatics, munging and churning through genetic data. Based on one list, the companies that used Perl ranged widely: Amazon, Google, Yahoo, Deutsche Bank, Akamai, Citibank, Comcast, M

Topics: language perl wall write writing

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Apple has now sold 3 billion iPhones

techcrunch.com Amanda Silberling 2025-12-18 17:35:04

Apple has sold 3 billion iPhones since the product was launched in 2007, Apple CEO Tim Cook said Thursday during the company’s third-quarter earnings call. It took Apple nine years to sell the billionth iPhone, a milestone the company reached in 2016. This implies that Apple sold 2 billion between 2016 and now — also a nine-year period — marking the product’s growing popularity. While Apple celebrates 3 billion iPhones sold, the company has struggled a bit in the stock market this year, as the

Topics: apple billion company iphone quarter

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Roblox stock soars 10% after revenue beat, strong user growth

cnbc.com Chris Eudaily 2025-12-18 22:01:33

Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year over year, and hours engaged at 27.4 billion, up 58%. StreetAccount expected 106 mil

Topics: billion bookings company quarter year

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Apple reports biggest revenue growth since December 2021

cnbc.com Kif Leswing 2025-12-18 22:51:45

Apple CEO Tim Cook attends the world premiere of "F1" at Times Square in New York on June 16, 2025. Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue. iPhone sales grew 13% year-over-year and overall revenue grew 10% — Apple's largest quarterly revenue growth since December 2021. Apple shares were up about 3% in after-hours trading on Thursday. Here's how Apple did versus consensus estimates for the quarter ending June 28: Earnings

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Reddit shares jump 20% on second-quarter sales and guidance beat

cnbc.com Jonathan Vanian 2025-12-18 22:45:51

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's sales grew 78% year-over-year in the second quar

Topics: company million quarter reddit year

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Amazon's cloud business records 18% growth in second quarter

cnbc.com Jordan Novet 2025-12-18 22:14:46

Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 4, 2024. Amazon's cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts' estimates. Amazon Web Services continues to lead the cloud infrastructure market, but is facing intensifying pressure from Microsoft and Google , as all three companies ramp up investments in artificial intelligence to take advantage of booming demand. Microsoft and Google reported b

Topics: amazon aws billion cloud quarter

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Coinbase shares tumble as second-quarter revenue disappoints

cnbc.com Tanaya Macheel 2025-12-18 22:50:52

Coinbase shares fell Thursday as second-quarter revenue fell shy of analysts' estimates. Gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a year ago. Earnings in the latest period benefited from a gain $1.5 billion related its Circle investment and $362 million from its crypto investment portfolio. On an adj

Topics: coinbase crypto million quarter revenue

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Programmers Aren't So Humble Anymore–Maybe Because Nobody Codes in Perl

news.ycombinator.com Samuel Arbesman 2025-12-16 09:51:22

Perl was once everywhere. Or at least it felt that way. Around the turn of the millennium, it seemed that almost every website was built on the back of this scripting language. It processed massive amounts of text—mechanisms for doing this powerfully and easily were part of the language—and it was even used in bioinformatics, munging and churning through genetic data. Based on one list, the companies that used Perl ranged widely: Amazon, Google, Yahoo, Deutsche Bank, Akamai, Citibank, Comcast, M

Topics: language perl wall write writing

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Huawei's CloudMatrix 384 could outpace Nvidia in the AI race, study suggests

techspot.com Alfonso Maruccia 2025-12-19 03:32:00

Editor's take: The Trump administration attempted to curb China's ability to advance its computing capabilities through tariffs and other trade restrictions. However, this unprecedented trade war may have instead pushed Beijing to accelerate its efforts in developing powerful new AI systems. As newly appointed US tech czar David Sacks predicted just a month ago, Trump's tariffs appear to be backfiring in spectacular fashion. Chinese tech giant Huawei is reportedly developing a powerful AI syste

Topics: 384 ai cloudmatrix huawei nvidia

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Amazon set to report earnings: AI and tariffs are key to the second quarter

cnbc.com Annie Palmer 2025-12-19 03:32:45

Amazon will report second-quarter results after the market close Thursday. Here's what analysts surveyed by LSEG are expecting: Earnings per share: $1.33 $1.33 Revenue: $162.09 billion Wall Street is also looking at other key revenue metrics: Amazon Web Services: $30.8 billion, according to StreetAccount $30.8 billion, according to StreetAccount Advertising: $14.99 billion, according to StreetAccount The company spooked investors in May when it warned in its earnings report that "tariff a

Topics: according amazon billion quarter streetaccount

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Apple reports third-quarter earnings after the bell

cnbc.com Kif Leswing 2025-12-19 06:50:29

Apple CEO Tim Cook attends the world premiere of "F1" at Times Square in New York on June 16, 2025. Apple reports fiscal third-quarter earnings on Thursday after the bell. The June quarter is typically Apple's slowest of the year by sales, ahead of new device launches in September that typically spur the company's biggest sales surge of the year driven in the December quarter. Still, Apple is expected to report nearly $90 billion in overall sales during the period, which would be a 4% increas

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Amazon earnings primer: Why AI and tariffs are key to the second quarter

cnbc.com Annie Palmer 2025-12-19 17:11:09

Amazon will report second-quarter results after the market close Thursday. Here's what analysts surveyed by LSEG are expecting: Earnings per share: $1.33 $1.33 Revenue: $162.1 billion Wall Street is also looking at other key revenue metrics: Amazon Web Services: $30.8 billion, according to StreetAccount $30.8 billion, according to StreetAccount Advertising: $14.99 billion, according to StreetAccount The company spooked investors in May when it warned in its earnings report that "tariff an

Topics: according amazon billion quarter streetaccount

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Microsoft ends tradition of naming competitors in regulatory filings

cnbc.com Jordan Novet 2025-12-19 22:40:32

Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024. Microsoft has abandoned a decades-long tradition of calling out the names of its rivals in regulatory documents. When the 50-year-old technology company released its annual report Wednesday, the 101-page document contained zero references to longtime foes Apple and IBM . Nor did it mention privately held challengers such as Anth

Topics: annual apple companies did microsoft

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Carbon Language: An experimental successor to C++

news.ycombinator.com Unknown 2025-12-19 21:23:40

Carbon Language: An experimental successor to C++ Why? | Goals | Status | Getting started | Join us See our announcement video from CppNorth. Note that Carbon is not ready for use. Fast and works with C++ Performance matching C++ using LLVM, with low-level access to bits and addresses Interoperate with your existing C++ code, from inheritance to templates Fast and scalable builds that work with your existing C++ build systems Modern and evolving Solid language foundations that are easy

Topics: carbon code existing language toolchain

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Potatoes Evolved From Tomatoes, Study Reveals

gizmodo.com Gayoung Lee 2025-12-19 22:00:50

That’s it. That’s the news. Genome biologist Sanwen Huang knows a thing or two about potatoes. But his latest potato breakthrough may be his most shocking yet: potatoes are descended from tomatoes. In a Cell paper published today, Huang’s team reports that the modern potato likely emerged about 9 million years ago, when tomato plants married the etuberosum, a potato-like species common to Chile. The origin of the modern potato has puzzled scientists for years, but the new results finally give p

Topics: etuberosum huang potato potatoes tomatoes

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Roblox stock soars 16% after revenue beat, strong user growth

cnbc.com Chris Eudaily 2025-12-20 03:01:59

Roblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth. The gaming platform saw $1.44 billion in net bookings, up 51% over the year prior. Analysts polled by LSEG expected $1.24 billion in net bookings for the quarter. User and engagement numbers were also strong for the company, with daily active users at 111.8 million, up 41% year-over-year, and hours engaged at 27.4 billion, up 58% year-over-year. StreetAccount expe

Topics: billion company gaming quarter year

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After laying off 15,000 employees, Microsoft reveals Xbox Game Pass revenue hit nearly $5 billion

techspot.com Rob Thubron 2025-12-20 08:57:00

What just happened? Despite Microsoft laying off over 15,000 employees so far this year, the company has just revealed that revenue from its Xbox Game Pass service reached almost $5 billion for the first time over the last year. Overall company revenue for the fourth fiscal quarter was up 18%, while net income jumped 24%. Microsoft's Xbox content and services revenue, which include Xbox Game Pass, was up 13% for the quarter. CEO Satya Nadella said on an earnings call that Game Pass revenue had

Topics: microsoft quarter revenue xbox year

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GEPA: Reflective prompt evolution can outperform reinforcement learning

news.ycombinator.com Grigory Sapunov 2025-12-20 04:57:58

Authors: Lakshya A Agrawal, Shangyin Tan, Dilara Soylu, Noah Ziems, Rishi Khare, Krista Opsahl-Ong, Arnav Singhvi, Herumb Shandilya, Michael J Ryan, Meng Jiang, Christopher Potts, Koushik Sen, Alexandros G. Dimakis, Ion Stoica, Dan Klein, Matei Zaharia, Omar Khattab Paper: https://arxiv.org/abs/2507.19457 TL;DR What was done? The authors introduced GEPA (Genetic-Pareto), a novel algorithm for optimizing prompts in complex, multi-module AI systems. Instead of relying on traditional reinforceme

Topics: based gepa language learning prompt

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1Password deal: Get 50 percent off plans for the back-to-school season

engadget.com Unknown 2025-12-20 12:00:38

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . The sale brings the price of the Individual plan down to $18 for a year. 1Password is running a notable back-to-school sale in the middle of July, but the deals more than make up for the chronological discrepancy. Many subscription plans are half off until September 12. This includes

Topics: include individual password plan year

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A Quantum Gravimeter for GPS Backup

news.ycombinator.com Tereza Pultarova 2025-12-18 23:07:59

A novel quantum sensor that measures gravity changes by detecting variations in the travel time of falling atoms has been tested in a first of its kind experiment aboard an Australian naval ship. The sensor—a dual gravimeter—has been developed by Australian company Q-CTRL and could reach the market in late 2026. During the tests onboard the Royal Australian Navy’s aviation training vessel MV Sycamore, the crew was able to navigate for 144 hours without GPS access using the autonomous prototype

Topics: biercuk gps gravity quantum said

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GEPA: Reflective Prompt Evolution Can Outperform Reinforcement Learning

news.ycombinator.com Grigory Sapunov 2025-12-20 22:57:58

Authors: Lakshya A Agrawal, Shangyin Tan, Dilara Soylu, Noah Ziems, Rishi Khare, Krista Opsahl-Ong, Arnav Singhvi, Herumb Shandilya, Michael J Ryan, Meng Jiang, Christopher Potts, Koushik Sen, Alexandros G. Dimakis, Ion Stoica, Dan Klein, Matei Zaharia, Omar Khattab Paper: https://arxiv.org/abs/2507.19457 TL;DR What was done? The authors introduced GEPA (Genetic-Pareto), a novel algorithm for optimizing prompts in complex, multi-module AI systems. Instead of relying on traditional reinforceme

Topics: based gepa language learning prompt

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The best wireless headphones for 2025: Bluetooth options for every budget

engadget.com Unknown 2025-12-21 00:00:36

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . Whether you're listening to playlists on your daily commute or zoning out with a podcast at home, wireless headphones can make your audio experience much more comfortable. With no cords to untangle or get caught on your bag, they’re a great pick for anyone who wants convenience without

Topics: anc audio headphones quality sound

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Show HN: AgentGuard – Auto-kill AI agents before they burn through your budget

news.ycombinator.com Unknown 2025-12-20 22:54:04

🛡️ AgentGuard 🚨 The Problem Your AI agent has a bug. It makes 1000 API calls in a loop. Your $2000 credit card gets charged. This happens to developers every week: Infinite loops in AI workflows Testing with production API keys Agents that don't know when to stop One typo = hundreds of dollars gone Existing tools only tell you after the damage is done. 💡 The Solution AgentGuard automatically kills your process before it burns through your budget. // Add 2 lines to any AI project: cons

Topics: agentguard cost guard limit protection

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LangChain’s Align Evals closes the evaluator trust gap with prompt-level calibration

venturebeat.com Emilia David 2025-12-20 21:28:09

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now As enterprises increasingly turn to AI models to ensure their applications function well and are reliable, the gaps between model-led evaluations and human evaluations have only become clearer. To combat this, LangChain added Align Evals to LangSmith, a way to bridge the gap between large language model-based evaluators and human preferenc

Topics: evaluation evaluators human llm model

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The Gulf bets big on AI as it seeks the 'new oil'

feeds.bbci.co.uk Unknown 2025-12-21 03:14:44

The Gulf bets big on AI as it seeks the 'new oil' 47 minutes ago Share Save Sameer Hashmi Business Correspondent Reporting from Dubai Share Save Khazna The UAE wants to become a hub for AI When Donald Trump touched down in the United Arab Emirates (UAE) earlier this year, he arrived not just with headlines, but with deals, ambition, and AI firepower. The US president was given a royal welcome, but the real centrepiece of the visit was the announcement of a sprawling new AI campus - a joint UA

Topics: ai data gulf says uae

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Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

cnbc.com Jordan Novet 2025-12-21 08:46:53

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 9% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8

Topics: billion company fiscal quarter revenue

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Latest Tech News

Reddit shares jump as much as 20% on second-quarter sales and guidance beat

Reddit revenue soars as it bets on AI and advertising

Apple says tariffs added $800M in costs last quarter, expects over $1B hit in Q4

Apple stock gets a cautious boost after beating Q3 expectations

Programmers aren’t so humble anymore, maybe because nobody codes in Perl

Apple has now sold 3 billion iPhones

Roblox stock soars 10% after revenue beat, strong user growth

Apple reports biggest revenue growth since December 2021

Reddit shares jump 20% on second-quarter sales and guidance beat

Amazon's cloud business records 18% growth in second quarter

Coinbase shares tumble as second-quarter revenue disappoints

Programmers Aren't So Humble Anymore–Maybe Because Nobody Codes in Perl

Huawei's CloudMatrix 384 could outpace Nvidia in the AI race, study suggests

Amazon set to report earnings: AI and tariffs are key to the second quarter

Apple reports third-quarter earnings after the bell

Amazon earnings primer: Why AI and tariffs are key to the second quarter

Microsoft ends tradition of naming competitors in regulatory filings

Carbon Language: An experimental successor to C++

Potatoes Evolved From Tomatoes, Study Reveals

Roblox stock soars 16% after revenue beat, strong user growth

After laying off 15,000 employees, Microsoft reveals Xbox Game Pass revenue hit nearly $5 billion

GEPA: Reflective prompt evolution can outperform reinforcement learning

1Password deal: Get 50 percent off plans for the back-to-school season

A Quantum Gravimeter for GPS Backup

GEPA: Reflective Prompt Evolution Can Outperform Reinforcement Learning

The best wireless headphones for 2025: Bluetooth options for every budget

Show HN: AgentGuard – Auto-kill AI agents before they burn through your budget

LangChain’s Align Evals closes the evaluator trust gap with prompt-level calibration

The Gulf bets big on AI as it seeks the 'new oil'

Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

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