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

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

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

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

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

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

Galaxy Z Fold 7 Breaks Record for Highest Number of Fold Preorders

Samsung's latest foldables are already making quite a statement, beyond their bold new designs -- or maybe because of them. The phone-maker said in a newsroom post Thursday that the Galaxy Z Fold 7, which is its thinnest foldable yet, racked up more preorders "than any previous Z Fold device in US history." It added that both the Z Fold 7 and the Z Flip 7 saw a more than 25% hike in total preorders compared with last year's handsets. Carriers also saw an uptick in sales. Samsung says there was

Catch the Perseids Meteor Shower This Week, and See Bright Fireballs in the Skies

Skygazers have had a lot to look at recently. A couple of dueling meteor showers graced the skies earlier this week, but if you missed that then you can still catch perhaps the most popular meteor shower of the year: the Perseids meteor shower. Perseids are known for their bright fireballs and plentiful meteors. The show started on July 17, and will run through Aug. 23. The reason the Perseids meteor shower is so popular is twofold. First, it takes place in the summer, so going outside and wat

Robinhood reports second-quarter earnings beat with revenue climbing 45%

Robinhood beat Wall Street expectations for the second quarter Wednesday, extending a hot streak that has made it the best-performing large-cap U.S. tech stock this year. Here is how Robinhood's results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 42 cents vs. 31 cents expected 42 cents vs. 31 cents expected Revenue: $989 million vs. $908 million expected Revenue jumped 45% year-over-year to $989 million, while net income more than doubled to

Samsung's profit more than halves, missing expectations as chip business plunges 94%

Samsung Electronics on Thursday reported a second-quarter operating profit of 4.7 trillion Korean won, missing expectations, weighed by a 93.8% profit slump in its chip business. While Samsung's second-quarter operating profit beat its own forecast of around 4.6 trillion won, it was a steep drop from the 10.44 trillion won recorded in the same period last year. The South Korean technology giant posted a quarterly revenue of 74.6 trillion won, up slightly from 74.07 trillion won a year earlier

Zuckerberg: AI increased the time spent on Facebook and Instagram in Q2

Meta CEO Mark Zuckerberg credited AI with driving up the time users spent on the company’s apps in the second quarter. While consumers are increasingly complaining about the prevalence of “AI slop” — or low-quality AI-generated content flooding social apps — Meta says that AI systems are getting better at helping users connect with recommended content. “AI is significantly improving our ability to show people content that they’re going to find interesting and useful,” Zuckerberg told investors

Topics: ai content meta time year

Meta shares climb 10% on revenue beat, raised forecast

Meta CEO Mark Zuckerberg holds a smartphone, as he makes a keynote speech at the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. Meta shares jumped as much as 10% after the company reported second-quarter earnings on Wednesday that beat on revenue. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share : $7.14 vs. $5.92 expected : $7.14 vs. $5.92 expected Revenue: $47.52 vs. $44.80 billi

Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year

The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company's initial public offering in New York City on July 29, 2021. Robinhood beat Wall Street expectations for the second quarter Wednesday. Here is how Robinhood's results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 42 cents vs. 31 cents expected 42 cents vs. 31 cents expected Revenue: $989 million vs. $908 million expected Revenue jumped 45% year-over-year

Microsoft reports strong cloud earnings, with Windows and Xbox up too

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Microsoft just posted the fourth and final quarter of its 2025 fiscal financial results. The software maker made $76.4 billion in revenue and a net income of $27.2 billion during Q4. Revenue is up 18 percent, and net income has increased by 24 percent. Like clockwork, cloud services are the strong point of Microsoft’s revenue this quarter. Azure revenue grew 39 percent year-ov

Before Nvidia, founder and CEO Jensen Huang designed microprocessors for...

Choose wisely! The correct answer, the explanation, and an intriguing story await. Correct Answer: AMD When Verizon bought AOL in 2015, how many people were still paying for dial-up Internet? Long before Nvidia became a global leader in AI and computing, Jensen Huang was already making his mark in the semiconductor industry. After beginning his studies at Oregon State University at just 16 years old, Jensen graduated in 1984 with a degree in electrical engineering. He began his journey as a

Microsoft set to report earnings after the close

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 is scheduled to report fiscal fourth-quarter results after markets close on Wednesday. Here's what analysts are expecting, according to LSEG consensus: Earnings per share: $3.37 $3.37 Revenue: $73.81 billion The estimates imply around 14% year-over-year revenue growth for Microsoft, the world's No. 2 company by marke

AAPL Q3 2025: Analysts expect low growth, iPhone and Mac up, iPad down

We’re just a day away from the AAPL Q3 2025 earnings report, covering April to June. Apple said it expected single-digit growth, and analysts expect this to be toward the lower end of the scale. Digging into the detail, the consensus view is that both iPhone and Mac revenue will be up year-on-year, while iPad earnings will be down … AAPL Q3 2025 revenue expectations Apple saw revenue grow 5% year-on-year in fiscal Q2, and said we should expect similar in Q3. Analysts are slightly more pessimi

Apple is facing pressure from Wall Street to figure out its AI strategy

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNT Apple CEO Tim Cook and Senior Vice President of Software Engineering Craig Federighi speak during Apple's annual World Wide Developers Conference at the company's headquarters in Cupertino, California, U.S., June 9, 2025. Laure Andrillon | Reuters While its megacap tech peers are bragging about building island-sized data centers filled with Nvidia chips to power artificial intelligence devices of the future, Apple remains lar

Topics: ai apple iphone said year

A decade of Windows 10: Chaos, Cortana, and conspiracy theories that never panned out

Andrew Burton/Getty Images Windows 10 turned 10 years old this week. It's a bittersweet birthday, as it marks the beginning of a steady march toward a forced retirement that will kick off with the official end of support on October 14, 2025. For a computer operating system, time is measured in something roughly equivalent to dog years, and by that measure, 10 years is an eternity. Windows 10, you are old. Also: Can't upgrade your Windows 10 PC? You have 5 options before EOS To mark the occas

Happy 10th birthday, Windows 10! Hoo boy, it's been a journey

Andrew Burton/Getty Images Windows 10 turned 10 years old this week. It's a bittersweet birthday, as it marks the beginning of a steady march toward a forced retirement that will begin with the official end of support on October 14, 2025. For a computer operating system, time is measured in something roughly equivalent to dog years, and by that measure, 10 years is an eternity. Windows 10, you are old. Also: Can't upgrade your Windows 10 PC? You have 5 options before EOS To mark the occasion

Apple slips in the 2025 Fortune Global 500 list

Apple has lost ground in this year’s edition of the Fortune Global 500, mirroring a similar slip in the U.S.-centric Fortune 500 list released last month. Here are the details. UnitedHealth overtakes Apple for the second time this year While Apple remains in the top 10, it was overtaken by UnitedHealth Group, which moved up from 8th to 7th this year. Interestingly, this exact shuffle also happened on the Fortune 500 U.S. list back in June, when UnitedHealth edged past Apple for third place am

New Apple video shows how iPhone was used to shoot 28 Years Later

One of this summer’s Hollywood blockbusters, 28 Years Later, was largely shot on the iPhone. Today in a new behind-the-scenes video from Apple, we get an inside look at how that happened. 28 Years Later used iPhone 15 Pro Max and elaborate custom rigs Earlier this summer, 28 Years Later arrived in theaters, and unbeknownst to most viewers, the film had been shot on the very device found in their pocket. It’s been well-documented that director Danny Boyle used many iPhone 15 Pro Max models to

Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 10% on weak guidance

The company expects revenues to reach 4.2 billion euros, compared to a 4.47 billion euro estimate from StreetAccount. Spotify said the forecast accounts for a 490-basis-point headwind due to foreign exchange rates. Spotify said that higher personnel, marketing and professional services costs and 115 million euros worth of what it called social charges contributed to the results. The Swedish platform's revenues rose 10% from about 3.81 billion euros in the year-ago period. The company posted a

Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 9% on weak guidance

The company expects revenues to reach 4.2 billion euros, compared to a 4.47 billion euro estimate from StreetAccount. Spotify said the forecast accounts for a 490-basis-point headwind due to foreign exchange rates. Spotify said that higher personnel, marketing and professional services costs and 115 million euros worth of what it called social charges contributed to the results. The Swedish platform's revenues rose 10% from about 3.81 billion euros in the year-ago period. The company posted a

July Mortgage Rate Forecast: The Fed Isn't Rushing to Lower Interest Rates

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon. On July 30, the Federal Reserve is expected to keep borrowing rates the same at its fifth monetary policy meeting this year. Although the central bank doesn't directly dictate mortgage rates, its policy decisions ind

Google breaks into the US top 4 for smartphone shipments, but don’t call it a comeback

Joe Maring / Android Authority TL;DR Google has become the fourth-largest smartphone shipper in the US, according to Q2 data. Shipment figures are being skewed by manufacturers racing to stockpile amidst volatile US tariff policies. India now supplies 44% of US-bound phones as brands shift production away from China due to higher trade risks. Google has edged into the top four US smartphone vendors, which might normally suggest a surge in consumer interest. But these aren’t normal times, and

Canalys: Samsung surges in US smartphone market as iPhone shipments drop double digits

In an interesting report out today, Canalys says that while the US smartphone market barely moved in total shipments during Q2 2025, Samsung and India saw huge growth, while Apple saw a rare double-digit dip. Here are the details. Samsung narrows Apple’s market share lead by nearly half According to Canalys, while the overall US smartphone market grew just 1% in Q2 2025, reaching 27.1 million units, up from 26.7 million a year earlier, Samsung posted the strongest performance of any vendor. Th

Trump admin. is muffling CDC’s flagship health journal, report finds

The flagship health journal published by the Centers for Disease Control and Prevention has grown quiet this year, and a report from MedPage Today indicates that a variety of actions by the Trump administration may be to blame for hamstringing the critical resource. Most strikingly, sources told MedPage that the journal's scientific articles must now obtain clearance for publication from health secretary and anti-vaccine activist Robert F. Kennedy Jr.—who has no health, science, or medical back

The Geological Sublime

Adjust Share It is not inadmissible to think of an epoch . . . not too far distant, when humanity, to ensure its survival, will find itself reduced to desisting from any further “making” of history. —Mircea Eliade The earthquake shook us awake at 4:31 in the morning. We hurried into a closet while, for fifteen seconds, it finished its business and the car alarms down on Third and California began their complaint. When we emerged, the night sky greeted us through a crack in the wall and chunks

Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

The Huawei flagship store and the Apple flagship store at Nanjing Road Pedestrian Street in Shanghai, China, Sept. 2, 2024. Huawei reclaimed the top spot in China's smartphone market in the second quarter of the year, while Apple returned to growth in the country — one of its most critical markets — data released by technology market analyst firm Canalys showed on Monday. Huawei shipped 12.2 million smartphones in China in the three months ended June, a rise of 15% year on year — equating to 1

Considering Samsung's new Z Flip 7? Why I recommend waiting for next year's model

Sabrina Ortiz/ZDNET Having spent a few days with the Galaxy Z Flip 7, I can easily say that it's Samsung's most polished clamshell foldable to date. The expanded cover screen finally feels complete, DeX support is an incredible bonus on such a tiny footprint, and its battery life got a solid bump up. But while the Z Flip 7 closes the gap with rivals like the Moto Razr Ultra, it's worth looking ahead to what next year's Z Flip 8 might bring. Apple reportedly has plans to bring its flavor of fol

Tesla investors are growing wary of Elon Musk's futuristic promises

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. At Tesla , vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led policy changes. In the past, CEO Elon Musk's futuristic promises have convinced investors to look past top and bottom line numbers. Not now. Following another fairly dismal earnings report this week, M

1Password subscriptions are on sale for 50 percent off right now

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 . That brings the price of the Individual plan down to $18 for a year. A password manager is a crucial tool for anyone, really, but especially students going back to school in the fall. If you're one of them, you probably have more logins to remember now than ever before. 1Password is h