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UBS reported a return to profit in the first-quarter after losses in the previous two quarters, beating analyst estimates. Profits were boosted by higher revenues in its flagship wealth management division, which rose 28%. Expenses fell and consolidation benefits from the Credit Suisse takeover in June 2023 contributed to the $1.8 billion net profit. UBS expects to complete merging its US entities with Credit Suisse in the second quarter and Swiss entities in the third quarter. CEO Sergio Ermotti said integration progress was good, and the bank had returned to profitability and underlying strength.

UBS Bounces Back with Strong First-Quarter Profit, Fueled by Wealth Management Success

⏲ 0:40 👁 180K

ThePrimeTime

If Go And Rust Had A Baby

⏲ 22 minutes 45 seconds 👁 23.4K

Good Morning America

Miss Teen USA resigns, just days after Miss USA steps down

⏲ 3 minutes 35 seconds 👁 12.2K

Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.

Coinbase Reports Stellar Q1 Performance, Gaining on Crypto Market Momentum

⏲ 0:39 👁 715K

M-NetMovies

M-Net Movies Family (105)

⏲ 11 seconds 👁 12.4K

M-NetMovies

Satis-Action on M-Net Movies Action+

⏲ 1 minute 1 second 👁 1.1K

Apple is reportedly developing its own AI server chip, which is expected to focus on running AI models rather than training them. Apple CEO Tim Cook has assured investors that the company is investing in AI and will have major announcements soon. Apple's existing chip expertise, demonstrated by its custom silicon in its devices, could provide a critical advantage in the AI race. The company's M-series chips, currently used in consumer products, may be capable of performing certain AI functions. By developing its own server chip, Apple aims to have more control over its AI capabilities.

Apple Aims for Greater AI Control with Development of In-House Server Chip

⏲ 0:38 👁 325K

M-Net

The Symphatizer - M-Net

⏲ 30 seconds 👁 24

M-NetMovies

Celebrate Bruce Willis' 60th Birthday with M-Net Movies Action+ (106)

⏲ 51 seconds 👁 2.3K

Airbnb's net income more than doubled in the first quarter compared to the same period last year, though revenue growth was slower at 18%. Earnings per share beat analyst estimates, helped by the timing of Easter holiday revenues. Strong earnings growth was partly driven by one-time factors like the additional leap day and the shift of Easter occurring earlier. Airbnb shares fell around 7% in after-hours trading.

Airbnb's Q1 Earnings Beat Expectations, Shares Fall in After-Hours Trading

⏲ 0:29 👁 60K

M-Net

New faces, new enemies – Legacy | M-Net | S2

⏲ 1 minute 9 seconds 👁 6.7K

M-NetMovies

M-Net Movies Smile Illumination Takeover l M-Net

⏲ 1 minute 1 second 👁 30.6K

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