In a surprising twist, Anheuser-Busch InBev (AB InBev), the world’s largest brewer, saw its shares soar nearly 9% following the announcement of its fourth-quarter earnings. Despite grappling with declining product volumes, the company’s revenue managed to rise by 3.4% year-over-year to an impressive $14.84 billion, outstripping analysts’ forecasts of $14.05 billion. Such growth underscores the
Earnings
Nvidia Corp. has become the darling of Wall Street, witnessing staggering growth in market value and sales over the past two years. set to unveil its fourth-quarter performance results soon, Nvidia is poised to end its fiscal year with a remarkable projected $38 billion in sales—a staggering 72% jump compared to the same quarter last
The recent lawsuit filed by Chegg against Google starkly highlights a disturbing trend in the education sector, where the rise of artificial intelligence is reshaping the landscape in ways that threaten established business models. Chegg, a prominent player in online education, has seen its fortunes decline sharply, raising fears that AI could be dismantling traditional