Tech Meme

Annie Palmer / CNBC: Amazon expects to boost its capex to $100B in 2025, largely driven by AI and up from 2024’s ~$83B, on what Andy Jassy calls a “once-in-a-lifetime” opportunity  —  Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its investments in artificial intelligence. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple plans to unveil its long-awaited overhaul of the iPhone SE as early as next week, opting to reveal it on its website instead of at a launch event  —  – Revamped SE model is set to be unveiled in the coming days  — Apple plans flurry of 2025 products, including smart home hub Lees verder op Tech Meme

MacKenzie Sigalos / CNBC: Affirm reports Q2 revenue up 47% YoY to $866M, vs. $807M est., GMV up 35% YoY to $10.1B, and active consumers up 23% YoY to 21M; AFRM jumps 10%+ after hours  —  Affirm shares jumped more than 10% in extended trading on Thursday after the provider of buy now, pay later loans, reported better-than-expected fiscal second-quarter results. Lees verder op Tech Meme

Zaheer Kachwala / Reuters: Take-Two reports Q3 net bookings up 3% YoY to $1.37B, vs. $1.39B est., and reiterates GTA VI is set to launch in the fall of 2025; TTWO jumps 6%+ after hours  —  Take-Two Interactive Software (TTWO.O) forecast its fourth-quarter bookings below Wall Street expectations on Thursday … Lees verder op Tech Meme

Bloomberg: Sources: Winklevoss’ crypto exchange Gemini is considering an IPO as soon as this year; crypto exchange operator Bullish is also considering an IPO in 2025  —  Gemini, the cryptocurrency firm backed by the billionaire Winklevoss twins, is considering an initial public offering as soon as this year … Lees verder op Tech Meme

Katherine Long / Wall Street Journal: DOGE staffer Marko Elez resigns after being linked to racist posts on X; he was embedded in the US Treasury and previously worked at SpaceX, Starlink, and X  —  A staffer for Elon Musk’s Department of Government Efficiency whose access to U.S. Treasury payment systems was approved … Lees verder op Tech Meme

Amazon.com, Inc.: Amazon reports Q4 revenue up 10% YoY to $187.8B, vs. $187.3B est., a $20B net income, vs. $10.6B in Q4 2023, a $21.2B operating income, vs. $13.2B in Q4 2023  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2024.  Fourth Quarter 2024 Lees verder op Tech Meme

Bloomberg: CoinMarketCap: $MELANIA fell ~90% since January 20, while $TRUMP fell ~75% from its all-time high; most wallets that bought $TRUMP made no more than $13  —  – First Lady’s token has lost $1.44 billion in market value  — President’s token has lost almost $11 billion in market value Lees verder op Tech Meme

Todd Spangler / Variety: Amazon reports Q4 ad revenue up 18% YoY to $17.29B, vs. $17.4B est., and subscription services revenue up 10% YoY to $11.51B  —  Overall earnings for the period smashed Wall Street expectations.  —  The Q4 ad revenue figure fell short of analyst expectations of $17.4 billion, per StreetAccount. Lees verder op Tech Meme

Annie Palmer / CNBC: Amazon reports Q4 AWS revenue up 19% YoY to $28.8B, in line with est., and AWS operating income of $10.6B, up from $7.2B in Q4 2023  —  Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period.  The stock slipped in extended trading. Lees verder op Tech Meme