Rivian (RIVN) stock falls on news of $1.3 billion capital raise
The company plans to sell convertible notes as a way to help raise money for the launch of its R2 vehicles.
LEGO revenues grew 17% in 2022 to $9.28 billion
The sale of a diverse range LEGO sets have boosted the company's revenue.
HBO’s The Last Of Us Reached 1 Billion Minutes Streamed In A Week For The First Time
HBO's post-apocalyptic series The Last of Us has set a new viewership milestone. According to Nielsen data shared with Deadline, the series reached its first billion-minute week on HBO Max.The…
NVIDIA (NVDA) Q4 2023 posts Gaming Revenue of $1.83 billion, down 46% from prior year
CEO and founder of NVIDIA, Jensen Huang, expressed optimism in the report that gaming is 'recovering from the post-pandemic downturn.'
Intel reportedly seeking 10 billion euros in German government funding for new chip fab
Intel was already seeking to establish a state-of-the-art chip factory in Germany with the government covering 7 billion euros of the cost.
Facebook (META) announces $40 billion increase to share buyback program
In its Q4 earnings report, Facebook announced an increase to its share buyback program.
Facebook Reality Labs lost $13.7 billion in 2022
In addition to losing money, Reality Labs employees were among those affected by layoffs during Q4 2022.
Tesla (TSLA) ended Q4 2022 with over $22 billion in cash on the balance sheet
Safe to say, Tesla likely isn't going out of business anytime soon according to its latest earnings results.
Tesla (TSLA) announces $3.6 billion expansion in Nevada for battery & Semi truck production
The expansion will look to produce the 100 GWh 4680 cells, which are more environmentally friendly than other alternatives.
Avatar: The Way Of Water Passes $2 Billion Worldwide
After six weeks at the top, Avatar: The Way of Water again held onto its position as the number one film at cinemas and has now crossed the $2 billion…