Samsung flags chip slowdown as profit drops sharply from previous quarter
Samsung Electronics reported a significant drop in operating profit on Friday compared to the previous three months due to increased…
Category: Finance Personal
Apple’s gross margin hits record as services business keeps growing
In this article, Apple is facing challenges in driving growth from its primary iPhone unit, but its profit margin continues…
Palantir soars 24% to record high as AI powers strong earnings and guidance
In this article, Palantir surged more than 24% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and…
Commerzbank touts record profit, launches share buyback as it wards off UniCredit
Commerzbank unexpectedly released its quarterly results on Friday, highlighting a “record” annual profit and introducing a new share buyback program.…
Comcast stock falls after company underwhelms in broadband, Peacock subscribers
Comcast exceeded Wall Street’s fourth-quarter estimates despite facing higher-than-expected losses in broadband subscribers and stagnant paid subscribers for its streaming…
Swiss pharma giant Novartis posts better-than-expected fourth-quarter sales
Swiss pharmaceutical giant Novartis reported better-than-expected sales in the fourth quarter and met its own guidance over the full-year stretch.…
Atlassian closes at highest since 2022 on strong earnings, revenue outlook
In this article, Atlassian shares surged by 14.9% following the software company’s strong fiscal second-quarter earnings and guidance that exceeded…
Exxon beats fourth-quarter estimates with higher Permian, Guyana output
Exxon Mobil exceeded Wall Street’s fourth-quarter profit expectations due to increased oil and gas production, which offset lower oil prices…
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell reported a significant drop in annual profit on Thursday, attributing it to higher exploration write-offs, lower…