(Reuters) -China’s Alibaba (BABA) missed market estimates for quarterly revenue on Friday as the company’s e-commerce business grapples with tough competition and choppy consumer demand, eclipsing gains in its cloud computing business. U.S.-listed shares of the company fell 1.5% in premarket trading. Consumer confidence in China has taken a beating from persistent weakness, with the…
Tribal gaming operations generated $43.9 billion in fiscal 2024, up 4.6% from the previous year and marking four consecutive years of record-breaking performance across 243 tribes. (Photo: [Peter Malinowski I-5 Design|https://flic.kr/p/k5GiUX]via [CC BY-NC-ND 2.0|https://creativecommons.org/licenses/by-nc-nd/2.0/]) Tribal gaming operations generated $43.9 billion in gaming revenue during fiscal year 2024, marking the fourth consecutive year of record-breaking performance…
Delta Air Lines (DAL), the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from the global trade war. For the quarter, Delta posted adjusted revenue of $15.5 billion against estimates for $15.54 billion, per Bloomberg consensus, and up 1% compared to a…
Total Revenue: $14.1 billion, up 9% from last year. Cloud Revenue: $5.9 billion, up 24%. SaaS Revenue: $3.5 billion, up 10%. IaaS Revenue: $2.4 billion, up 52%. Cloud Services and License Support: $10.8 billion, up 12%. Infrastructure Subscription Revenues: $6 billion, up 17%. Operating Income: Grew 10%, with an operating margin of 43%. Non-GAAP EPS:…