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Korea's chipmaker SK hynix's profit beats expectation in Q1

SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing.

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Mark Zuckerberg defends Meta's AI spending spree as shares tumble

Mark Zuckerberg rekindled investor fears that he would not control costs at Meta after vowing to increase spending and turn the social media group into “the...

Mike-proulx , Mark-zuckerberg , Hannah-murphy , Microsoft , Facebook , Instagram , Wall-street , Silicon-valley , Reality-labs , Mark , Zuckerberg , Defends

Korea's battery maker LG Energy Solution Q1 net plunges 62% on slowing EV sales

LG Energy Solution (LGES), Korea's leading battery maker, said Thursday its first-quarter net profit plunged 62 percent from a year earlier due to slowing electric vehicle sales.

Washington , United-states , Poland , China , Michigan , Indonesia , Canada , Ohio , Netherlands , Georgia , America , Holland

[INTERVIEW] AIMMO eyes global expansion in AI-driven self-driving market

AIMMO, predicting increased use of AI technology for data collection and utilization services as many companies adopt AI models, aims for global expansion in the AI data market, particularly in the autonomous driving sector, according to its CEO.

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IIFL Finance: IIFL Finance starts special audit - The Economic Times

The embargo was part of RBI's supervisory action over concerns related to certain loan disbursement practices.

India , Mumbai , Maharashtra , Reserve-bank , Iifl-finance , Rbi , Audit , Company , Embargo ,

RIL: Top brokerages bullish on Reliance, raise price targets

Analysts said that Reliance's balance sheet remains strong but growth in retail and oil-to-chemical businesses is expected to be muted in the short term, but the company's digital services led by Jio could be a key driver.

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ICICI Prudential Life: ICICI Prudential Life net profit falls 26% in Q4

The value of new business (VNB) declined 26.4% to ₹776 crore versus ₹1,055 crore in the corresponding quarter previous year. The company reported a 17% growth in net premium income to ₹14,788 crore against ₹12,629 crore in Q4FY23.

Mumbai , Maharashtra , India , Anup-bagchi , Life-insurance , Icici-prudential-life , Net-profit , Vnb , Premium-income , Company ,

Schnieders Capital Management LLC Purchases 342 Shares of Eli Lilly and Company (NYSE:LLY)

Schnieders Capital Management LLC lifted its position in shares of Eli Lilly and Company (NYSE:LLY – Free Report) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,224 shares of the company’s stock after purchasing an additional 342 shares during the quarter. Schnieders […]

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Mystery of Sh600 million Pipeline land sold at Sh7 million

MPs probing circumstances under which 47-acre parcel was sold below market rate

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SYDNEY-- A company that had planned to process imported nickel ore in Australia to supply the electric vehicle industry says it is switching its focus

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