Samsung's profit more than halves, missing expectations as chip business plunges 94%
Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.
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Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business
Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.
Industriya
Meta's big AI spending blitz will continue into 2026
Meta CEO Mark Zuckerberg plans to continue his company’s artificial intelligence spending blitz well into the next year as rival tech giants do the same.
Industriya
Asia-Pacific markets trade mixed as investors assess BOJ rate decision and fresh tariffs on India, South Korea
Japan’s central bank stood pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.
Industriya
Asia-Pacific markets mostly fall as investors assess BOJ rate decision and fresh tariffs on India, South Korea
Japan’s central bank stood pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.
Industriya
Asia-Pacific markets trade mixed as investors assess U.S.' 15% tariffs on South Korea; await Bank of Japan's rate decision
Japan’s central bank is widely expected to stand pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.
Industriya
U.S. and South Korea strike a trade deal with tariffs on Seoul set at 15%
This deal would mean the duties will be lowered from the 25% that Trump had threatened in his “tariff letter” to Seoul earlier this month.
Industriya
Figma prices IPO at $33, above expected range
Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech company to go public.
Industriya
Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club
Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.
Industriya
Arm shares slip as smartphone royalties disappoint
The company reported revenue that missed analysts’ expectations.
Industriya
Arm shares dip 8% on revenue miss
The company reported revenue that missed analyst expectations.
Industriya
Qualcomm beats on earnings, highlights growth in Meta smartglasses
Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guidance.
Industriya
Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
Industriya
Robinhood reports second-quarter earnings beat with revenue climbing 45%
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
Industriya
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
Industriya
Private company hiring bounced back with a 104,000 increase in July, ADP says
Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.
Industriya
Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.
Industriya
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions
Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global trade policy.
Industriya
Fed meeting live updates: Traders wait to see how many central bank members go against Powell
The central bank is expected to keep its target rate at a range of 4.25% to 4.5%, but traders want to see whether any Fed governors go against the decision.
Industriya
Microsoft's stock pops 7% on earnings beat as Azure annual revenue tops $75 billion
For the first time, Microsoft disclosed a dollar figure for its Azure cloud business.
Industriya