Samsung electronic post 129.85 % Q4 operating profit increase increases

Samsung Electronics reported a 129.85% year-on-year surge in Q4 2024 operating profits but faced a decline from the previous quarter due to chip demand struggles.

2025-01-31 07:56:00 : Samsung Electronics said on Friday that its operating profit soared by 129.85 % in the fourth quarter of 2024, but due to its efforts to meet the needs of chips used in artificial intelligence servers, it declined from the previous quarter. The company is the flagship company of South Korean giant Samsung … Read more

Apple stocks have increased by more than 3 % after the recovery of the positive sales signal iPhone

Apple forecasts strong sales growth despite a slight dip in iPhone revenues, attributed to a cautious AI rollout. CEO Tim Cook noted that AI features will reach more users in Europe, boosting shares.

2025-01-31 07:29:00 : Apple executives predict that sales growth is relatively strong, and the company will recover in iPhone sales because it launches artificial intelligence functions. The prediction is that the iPhone revenue of Apple is a slightly reduced and backward Wall Street estimate after the holiday shopping quarterly. This is hindered because some artificial … Read more

Results of General Motors in the fourth quarter: The loss of related costs of General Motors and China is 2.96 billion US dollars

AgentForce

2025-01-28 18:24:00 : American automakers General Motors lost losses with huge allegations related to China in the fourth quarter. But it is still Wall Street’s profits and income expectations. In the three months of December 31, GM lost $ 2.96 billion or $ 1.64 per share. A year ago, the company’s income was 1.1 billion … Read more

Dr. Reddy’s to focus on complex products as growth driver to offset Revlimid revenue loss

The company’s Q3FY25 growth was largely driven by revenues from the NRT portfolio, as well as revenues from the India business and emerging markets.

2025-01-23 22:13:00 : Dr. Reddy’s is focused on a range of complex drugs, including GLP-1 (such as semaglutide), as well as biosimilars and consumer care, to offset the release of its blockbuster Revlimid (Revlimid) next year, an executive said. ) loss of exclusivity. Dr. Reddy CEO Erez Israel said the pharma giant has additional growth … Read more

European stock markets earnings steady, Middle East tensions in focus

European stock markets earnings steady, Middle East tensions in focus

2024-10-21 23:48:46 : (Bloomberg) — European stocks held steady ahead of a busy earnings week. Investors remain cautious about the health of the European economy and growing tensions in the Middle East. The Stoxx Europe 600 index was little changed as of 8:19 a.m. in London. Banks and insurance companies lagged, while energy stocks outperformed … Read more

European stock markets earnings steady, Middle East tensions in focus

European stock markets earnings steady, Middle East tensions in focus

2024-10-21 23:48:47 : (Bloomberg) — European stocks held steady ahead of a busy earnings week. Investors remain cautious about the health of the European economy and growing tensions in the Middle East. As of 9:05 a.m. in London, the Stoxx Europe 600 index was up less than 0.1%. Banks and insurance companies lagged, while energy … Read more

European stocks fall on earnings, Middle East tensions in focus

European stocks fall on earnings, Middle East tensions in focus

2024-10-21 23:48:47 : (Bloomberg) — European stocks fell at the start of a busy week of earnings reports. Investors remain cautious about the health of the European economy and growing tensions in the Middle East. The Stoxx Europe 600 index fell 0.5% as of 12:41 pm in London. Real estate, consumer goods and services stocks … Read more

Fierce competition eats into UltraTech’s second-quarter net profit

Fierce competition eats into UltraTech's second-quarter net profit

2024-10-21 20:09:55 : MUMBAI: Fierce competition in India’s cement industry has eroded profits at the country’s largest construction materials maker, with UltraTech Cement’s profits falling by more than a third in July-September. The company reported consolidated profit of $8.2 billion, down 36% year-on-year. Comprehensive revenue fell 2% $15,635 Crores. This was despite its consolidated sales … Read more