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Palantir Shares Soar as Wall St Cheers Revenue Boost From AI Push

[ad_1] (Reuters) – Palantir Technologies shares surged 18.7% in premarket trading on Tuesday, as the data and analytics company’s strong fourth-quarter revenue growth led by increased demand for its AI offerings enthused investors. Revenue from Palantir’s commercial segment rose 32% year-over-year to $284 million in the reported quarter, helping the company post $608 million in…

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Spotify Q4 Earnings Report, Subscriber Update – The Hollywood Reporter

[ad_1] Spotify CEO Daniel Ek Courtesy of Spotify Audio streaming giant Spotify posted better-than-expected subscriber gains as part of its fourth-quarter and full-year 2023 earnings report on Tuesday. It also reported a narrowed fourth-quarter operating loss despite charges for layoffs related to its efforts to push toward sustainable profitability, with its bottom line helped by price increases, cost reductions…

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How a U.S. embassy post about giraffes became an outlet for despair about China’s tumbling stock markets

[ad_1] HONG KONG — The post by the U.S. Embassy in Beijing was about protecting wild giraffes in Africa. But social media users in China wanted to talk about something else: the state of the Chinese economy, especially its faltering stock markets. Tens of thousands of users on Weibo, a popular Chinese social media platform,…

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MSG Entertainment Taps Michael Grau as Executive VP, Finance & CFO – Billboard

[ad_1] Kevin Mazur/Getty Images for FF Corporate finance veteran Michael Grau joins Madison Square Garden Entertainment Corp in a dual-capacity, with duties for overseeing the live entertainment specialist’s financial matters. Explore Explore See latest videos, charts and news See latest videos, charts and news Effective from Feb. 12, Grau joins the business as executive VP,…

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