Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

World - Financial Times - 4 hours ago

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - 18 hours ago

Samsung Sees Progress in Memory Chips for AI After Delays

The South Korean technology giant reported better-than-expected net profit for the third quarter, but its core semiconductor business earnings shrank sharply from the previous quarter.

Tech - The Wall Street Journal - 3 hours ago

Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion

Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.

Business - CNBC - October 14

Samsung reports 'major' progress in supply deal for AI chips

Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the ...

World - ABC News - 5 minutes ago

Who's Stepping Up & Who's Falling Short For The Flyers

The Philadelphia Flyers have faced a challenging start to the 2024-25 NHL season, marked by a disappointing four-game losing streak, which includes a shutout loss in their home opener against the ...

Sports - Yahoo Sports - October 20

Tua praised for protecting self, but Fins fall short

Tua Tagovailoa displayed a willingness to protect himself that his Dolphins teammates, coaches and fans hoped for in his return from a concussion.

Sports - ESPN - 3 days ago

AutoNation’s stock falls after earnings fall short of estimates

The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.

Business - MarketWatch - 5 days ago

Coinbase’s stock falls nearly 5% as earnings fall short of estimates

Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.

Business - MarketWatch - 9 hours ago

Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

Move by work and pensions secretary likely to cause concern among disability rights activists

World - Financial Times - October 17

Nvidia’s stock sets one record but falls short of another

While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.

Business - MarketWatch - October 17

New Zealand win America’s Cup as Britain’s challenge falls short

NZ first to win cup three times in a row in modern history Ben Ainslie promises return with Ineos Britannia Ineos Britannia’s challenge for the 37th America’s Cup is over, and Ineos Britannia’s ...

World - The Guardian - October 19

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - 6 days ago

Japan's ruling party loses its majority in blow to new PM

The prime minister announced a snap election despite voter apathy and low approval ratings.

Chipotle’s new CEO maintains focus on faster service as sales fall short

Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.

Business - MarketWatch - Yesterday

Kimberly-Clark’s stock falls after sales fall short, with declines in tissues and personal care

Shares of Kimberly-Clark Corp. fell 3.1% in premarket trading Tuesday, after the parent of consumer brands including Huggies diapers, Kleenex tissues and Scott toilet paper reported third-quarter ...

Business - MarketWatch - October 22

Nokia Tempers Earnings Expectations After Sales Fail to Recover

Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.

Business - The Wall Street Journal - October 17

Penguins Fail To Generate Offense, Fall to Hurricanes, 4-1

Carolina controlled play for the majority of the game and outshot Pittsburgh 39-26

Sports - Yahoo Sports - October 19

Merck KGaA Shares Jump on Expectations of AI Boost

The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.

Business - The Wall Street Journal - October 17

UnitedHealth Shares Dive After Health Giant Says 2025 Results Likely to Fall Short

The company estimates that its formal guidance for 2025 will top out at about $30 in earnings per share.

Business - The Wall Street Journal - October 15

College football coach salaries ranked by value: Oregon's Dan Lanning shines, USC's Lincoln Riley falls short

Which schools are getting their money's worth out of their coaches in 2024?

Sports - CBS Sports - October 16

China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

China has reported that its economy expanded at a rate of 4.6% in the July-September quarter

World - ABC News - October 18

Cowboys vs. 49ers: Dak Prescott's comeback bid falls short as San Francisco holds off Dallas, 30-24

The 49ers have had their struggles too, but got back to 4-4 with the win. Meanwhile, the Cowboys are going the other way.

Sports - Yahoo Sports - 3 days ago

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

Truck maker Volvo's Q3 adjusted profit falls more than expected

Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...

Sports - Yahoo Sports - October 18

Mets' Jeff McNeil rejoins NLCS roster five weeks after suffering what appeared to be season-ending injury

McNeil suffered a broken wrist in September

Sports - CBS Sports - October 13

U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry

The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.

Business - CNBC - October 15

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry

U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the ...

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...

World - ABC News - October 16

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

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