Klarna might reschedule its IPO for September

Klarna might pursue an initial public offering as early as September, according to sources cited by Bloomberg. The news follows a surge in fintech stock prices and a strengthening U.S. IPO market. Klarna initially filed for an IPO in March…

Apple projects tariff costs will hit $1.1B next quarter

Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an increase from the previous period, CEO Tim Cook announced during the company’s earnings call with investors on Thursday. These cost projections, based on current rates and policies,…

Amazon CEO wants to put ads in your Alexa+ conversations

Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company’s AI-powered digital assistant, Alexa+. He shared this vision during Amazon’s second-quarter earnings call. Jassy highlighted the excitement around Alexa+-enabled devices and the…