Samsung Profit Beats

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Tech - Wired - October 24

Samsung Galaxy Book5 Pro 360 Review: Too Buggy

This AI-infused 2-in-1 laptop has great performance and astounding battery life, but it’s buggy and sports a terrible keyboard.

Tech - Wired - 21 hours ago

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 - 3 hours ago

Exclusive-Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say

Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar ...

Sports - Yahoo Sports - October 18

14 Best Soundbars, Editor Tested and Reviewed (2024): Sonos, Samsung, Yamaha, Sony

Every television deserves a row of speakers to call its own. These are our favorite soundbars.

Tech - Wired - 2 days ago

Iberdrola Profit Lifted by Record Investments

Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.

Business - The Wall Street Journal - October 23

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - Financial Times - October 16

Whitbread Aims to Boost Profit, Shareholder Returns

The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...

Business - The Wall Street Journal - October 16

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

CVS replaces CEO as profits, share price suffer

Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.

Tele2 Posts Higher Profits; Backs Targets

Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...

Business - The Wall Street Journal - October 22

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Barclays profits rise 23% as dealmaking returns

UK bank lifts guidance for net interest income

Business - Financial Times - October 24

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - 6 days ago

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - 4 days ago

FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - Yesterday

In Botswana’s Election, Diamond Profits Are a Defining Issue

The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.

World - The New York Times - Yesterday

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - 2 days ago

StanChart to double investment in wealth management as profits rise

Wealth business had record quarter as revenues rose 32%

Business - Financial Times - 22 hours ago

UBS reports better than expected profits

Swiss bank’s markets business helped by increase in volatility

Business - Financial Times - Yesterday

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains