-
Its comparable operating profit fell to 423 million euros ($462.38 million), from 619 million euros in the same quarter a year earlier.
-
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple and Nvidia supplier, saw April-June net profit rise to T$247.8 billion from T$181.8 billion a year earlier.
-
An LSEG SmartEstimate, drawn from 21 analysts, predicted second quarter revenue of T$654.27 billion.
-
The world's largest memory chip, smartphone and TV maker estimated its operating profit rose to 10.4 trillion won ($7.54 billion) in the quarter ended June 30, from 670 billion won a year earlier.
-
International Criminal Court Prosecutor Karim Khan's request for an arrest warrant against Israeli Prime Minister Benjamin Netanyahu has created a diplomatic quandary for some key member states. Khan's move was the first attempt to go after a sitting, Western-backed head of state. While Israel is not a member of the ICC and rejects its jurisdiction, the court admitted the Palestinian territories in 2015
-
Hundreds of students walked out of Yale University's graduation ceremony as part of a pro-Palestine protest at the university's commencement ceremony. Protests over Israel's war in Gaza have broken out at more than 60 colleges and universities this year. President Joe Biden has been cautious on the issue of protests over Gaza
-
Donald Trump's lawyer accused star witness Michael Cohen of lying at the former U.S. president's trial about a phone conversation he claimed to have had with Trump about a hush money payment to a porn star shortly before the 2016 presidential election. Cohen said the phone call about a $130,000 hush money payment to a porn star. Cohen's testimony has been corroborated by other evidence, including handwritten notes.Cohen is set to return to the witness stand next week.
-
Data on Wednesday showed cooling consumer price inflation, although that was offset on Thursday by news that U.S. jobless claims fell in the latest week and by figures showing U.S. import prices increased 0.9% last month.
-
Slovak Prime Minister Robert Fico suffered life-threatening injuries on Wednesday when he was shot and wounded in an attempted assassination that stunned his small Central European nation and drew a chorus of international condemnation.
-
A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.
-
Sony is a major supplier of image sensors for smartphones and that business is expected to book a 40% rise in operating profit on higher sales and lower costs.
-
Emirates, owned by Dubai's government, announced revenues of USD 33 billion, compared to USD 29.3 billion the year before. Profit the year prior had been USD 2.9 billion.
-
The result mark the second straight quarter of profit for SoftBank, which has been long known for both volatile earnings and outsized bets on technology companies.
-
Both firms, which combined account for about 69% of China's e-commerce market revenue, according to DBS estimates, have faced increasing competition in recent years from low-cost platforms, such as PDD Holding's Pinduoduo and ByteDance-owned Douyin.
-
Last month, the company said first-quarter revenue slid 10% from a year earlier but it has been bullish about 2024.
-
The Luxembourg-based company said core profit (EBITDA) was $1.96 billion, higher than the average forecast in a company poll of $1.81 billion.
-
CEO Andy Jassy told analysts that for Amazon "there is a big opportunity in front of us" in servicing AI customers.
-
Snap shares jumped 29% in early trading on the German market. They rose as much as 25% in after-hours trading in New York on Thursday.
-
Shares in Google-parent Alphabet were up over 11% in Frankfurt on Friday, while Microsoft shares rose nearly 5%.
-
Businesses have prioritized spending on advanced and speedy artificial intelligence server chips, hurting demand for Intel's central processing units (CPUs), which have been the mainstay chip powering data centers for decades.
-
Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets.
-
The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
-
It expects its 2024 net sales to grow by a high-single to low double-digit percentage with adjusted operating income growing by a low double-digit to mid-teens percentage, Novartis said in a statement.
-
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Friday reported first quarter revenue fell 9.6% year-on-year, but predicted second quarter revenue would rise year-on-year.
-
The world's largest memory chip and TV maker estimated its operating profit rose to a better-than-expected 6.6 trillion won ($4.89 billion) in the quarter ended March 31. That was up 931% from 640 billion won a year earlier, the South Korean firm said in a short preliminary earnings statement.
