Digital personalization in the healthcare industry is critical to elevate the customer experience. In keeping with that theme, CVS Health CEO David Joyner identified advancing digital strategies as one of four priorities for 2025 during the company’s fourth-quarter earnings call Wednesday (Feb. 12). The newly redesigned CVS Health app will help “drive simplicity and efficiency…
Apple launched a new party-planning app on Tuesday called Apple Invites. Partiful, a startup with a similar function, had a swift response that suggested Apple had copied its product. Apple Invites is available now, with full capabilities accessible to iCloud+ subscribers. Apple isn’t always first to a party — and when it does show up,…
Hong Kong’s box office receipts during the Lunar New Year break dropped by nearly 40 per cent compared with the same period in 2024, in stark contrast to mainland China, where cinema ticket sales hit a record over the holiday. The revenue from film screenings across five days from last Tuesday to Saturday stood at…
Telegram is profitable after 11 years, thanks to ads and premium subscriptions, its CEO said. The platform’s revenue exceeded $1 billion, with $500 million in cash reserves. Telegram faces global scrutiny over misinformation and its lack of content moderation. Encrypted messaging service Telegram is finally profitable about 11 years after it was founded, CEO Pavel…
The local segment of the Guangzhou-Shenzhen-Hong Kong high-speed rail generated HK$2.5 billion (US$321.5 million) in revenue last year for the MTR Corporation, the transport minister has said. In a written reply to a lawmaker on Wednesday, Secretary for Transport and Logistics Mable Chan also revealed the number of patrons for the local segment in the…
Hennessy Funds uses a four-step process for fundamental quantitative investing. The strategy focuses on mid-cap stocks with specific financial metrics and momentum. The fund outperforms benchmarks with a 12.39% annualized return over 21 years. It’s a hard-knock life trying to chase the stock market while balancing the business cycle, inflation, interest rate cuts, and a…
AI infrastructure companies took off in 2024 as investors put their money in the picks and shovels. Goldman Sachs believes companies using AI to boost revenues will be next to take off in 2025. Here are 11 companies that are realizing revenue gains from the technology. This year, the AI story has dominated the stock…
Nvidia beat forecasts again in its third-quarter results on Wednesday. CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. One analyst says some investors are concerned about a possible slowdown in future growth. Nvidia delivered another strong set of quarterly results after the bell on Wednesday, beating estimates. Here’s…
Palantir’s third-quarter earnings beat Wall Street expectations. CEO Alex Karp said revenue growth was driven by AI demand in the US. Karp also called out critics who may have been skeptical of him. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking…
Tesla reported blowout earnings this week, but its biggest growth driver wasn’t cars or robots. Its energy business grew by 52% year over year, earning over $7 billion in revenue so far in 2024. Elon Musk said on Tesla’s earnings call that the energy unit was “growing like wildfire.” Thanks for signing up! Access your…