The company projected weaker-than-expected revenue growth and said it would continue to ratchet up spending to meet anticipated demand for artificial-intelligence services.
Related Posts
‘Jeopardy!’ and ‘Wheel of Fortune’ at Center of Legal Feud Between Sony and CBS
Sony alleges that CBS, which distributes the shows, has hurt profitability for the franchises.
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.
Vector Group to Sell Itself to JT Group in $2.4 Billion Deal
Tobacco company Vector Group has agreed to be acquired by Japan-based tobacco giant JT Group in a deal worth $2.4 billion.