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South Korean K-pop giant HYBE said its net profit basically evaporated in the third quarter and total revenue slipped 2% after after the company earned less from concerts and saw reduced music sales, according to results published on Tuesday (Nov. 5). HYBE’s net profit for the third quarter was 1.444 billion won ($1.05 million), a figure […]
For the first time ever, YouTube’s subscription and advertising revenues have surpassed $50 billion over four quarters. Sundar Pichai, CEO of YouTube parent companies Alphabet and Google, revealed the number on the company’s Q3 2024 earnings call on Tuesday (October 29). “Together, YouTube TV, NFL Sunday Ticket, and YouTube Music Premium are driving subscription growth […]
GM had a strong third quarter as the company reported revenues of $48.8 billion. Helping to aid that success was an assortment of new and highly profitable vehicles including the Chevrolet Traverse and GMC Acadia. The company’s full-size trucks and SUVs are also performing well, and updated versions of the Chevrolet Tahoe / Suburban, GMC […]