Topic: market valuation
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Microsoft Hits $4T Valuation: A Win for the Company, Not Workers
Microsoft's market value exceeded $4 trillion, driven by strong growth in cloud computing and AI, with quarterly revenue reaching $76.4 billion (up 18%) and net income rising 24% to $27.2 billion. Azure, Microsoft's cloud platform, became a top performer with $75 billion in annual revenue (up 34%...
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Snap Splits Into 'Startup Squads' Amid Ad Revenue Slowdown
Snap Inc. is restructuring into small "startup squads" to boost innovation and compete more effectively, as announced by CEO Evan Spiegel. The company faces challenges with stalled ad revenue growth and a decline in daily active users in North America, its key market. Snapchat+ has emerged as a b...
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GrubMarket Leverages AI and Fresh Capital to Reshape Food Distribution
GrubMarket raises $50M to revolutionize the food distribution industry with AI, pushing its valuation to $3.5B. Learn how they're transforming the supply chain.
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