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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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

Arm shares slip as smartphone royalties disappoint

The company reported revenue that missed analysts’ expectations.

settore Three days ago

Arm shares dip 8% on revenue miss

The company reported revenue that missed analyst expectations.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore Three days ago

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.

settore In a week

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.

settore In a week

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.

settore In a week

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.

settore In a week

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.

settore In a week

Microsoft set to report earnings after the close

Investors will be paying close attention to Microsoft’s capital spending and cloud revenue growth.

settore In a week

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