Getty Images Soars, Then Sinks, After AI Licensing Deal with Perplexity
Getty Images’ stock spiked up to 85% after signing a multiyear licensing deal with AI search startup Perplexity — but early excitement quickly faded as shares plunged back down.
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Reddit Beats Q4 Revenue Expectations as AI Strategy Powers Growth
Reddit projects Q4 sales of $655-665M, beating estimates as AI-powered ads and data licensing deals drive growth. Daily users hit 116M, up 19% year-over-year.
Globalstar Explores Potential Sale, Talks with SpaceX; Apple Stake Is Crucial
Satellite company Globalstar is exploring a sale, holding talks with SpaceX. Apple, which invested $1.5B and owns 20% for iPhone emergency SOS features, has a major say in the future.
Roblox’s Record-Breaking Quarter: Big Growth, Big Challenges
The gaming giant reported massive sales and user records in its best quarter ever, driven by viral hits, even as it tackles rising child safety concerns globally.
Google's AI Investments Pay Off as Cloud and Ad Revenue Surge Past Expectations
Alphabet exceeds Q3 revenue forecasts with strong cloud growth and advertising performance, while boosting AI spending to $91-93B despite economic uncertainties.
Meta Expects Massive 2026 Spending Surge Despite Strong Q3 Results
Meta announces significantly higher 2026 expenses with $70-72B in 2025 capital expenditures as AI investments continue. Q3 revenue beats estimates at $51.2B despite $15.9B tax charge.