SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

CNBC - 21m

Apple is accused of profiting from 'blood minerals'

The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.

Financial Times - 1d

The strong dollar conundrum facing the Trump administration

The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.

The Hill - 3d

The consensus on a strong dollar may be too complacent

There are at least three reasons why the greenback might not follow the script currently signalled by markets

Financial Times - 3d

Why the gold boom is causing a surge in illegal mining

Gold exports from Africa more than doubled between 2012 and 2022 from 243 metric tons to 609 metric tons.

CNBC - 4d

WATCH: SoCal Strong: Donation total for fire victims

"GMA" announces our wildfire relief efforts have reached nearly $6.5 million thanks to generous contributions.

ABC News - 5d

Yahoo Sports AM: Business is booming in women's sports

In today's edition: The future is now for women's sports, Baseball Hall of Fame voting update, previewing the NFL Divisional Round, another teen wins in Melbourne, Jeremiah Smith's path to stardom, ...

Yahoo Sports - 5d

Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.

Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.

MarketWatch - 6d

Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom

ABC News - 6d

TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.

CNBC - 6d

JPMorgan Chase posts record profit as the bank's massive scale pays off

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.

NBC News - Jan. 15

How Nissan's profits dropped 90% in one year

Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.

CNBC - Jan. 15

JPMorgan Chase posts record profit as the bank’s massive scale pays off

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.

CNBC - Jan. 15

Strong earthquake hits Japan, triggering tsunami alerts

A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.

CBS News - Jan. 13

Big US banks set for $31bn quarterly profit as Wall Street business booms

Trading activity boosted in final quarter of 2024 by Donald Trump’s election win

Financial Times - Jan. 13

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability

Financial Times - Jan. 13

As Delta Reports Profits, Airlines Are Optimistic About 2025

The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.

The New York Times - Jan. 11

Booming Market for E-Commerce Returns Spurs an Acquisition by DHL

Huge volumes of returned goods from online purchases are inspiring legacy freight operators to buy specialized delivery companies, increasing their share of the growing business in buyer’s remorse.

Inc. - Jan. 10

World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues

TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.

CNBC - Jan. 10

How Narvar is using AI and data to enhance post-purchase customer experiences

How Narvar's new tech is using AI to harness the power of 42 billion consumer interactions a year to improve retail operations.

VentureBeat - Jan. 9

Israel's Defense Industry Booms on Foreign Demand and War at Home

Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.

The Wall Street Journal - Jan. 9

As Bitcoin Booms, More and More Companies Are Taking a Stake

Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.

Inc. - Jan. 8

Hyve aims to double in size as business conferences boom

UK-based group now under private equity ownership seeks acquisitions in corporate events market

Financial Times - Jan. 8

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial Times - Jan. 8

The Health Monitoring Boom Only Gets Weirder From Here

Forget going to the doctor’s office; these companies are putting the power of tracking every aspect of your health into our own hands. But do you really want to know?

Wired - Jan. 7

Next Ups Guidance After Strong Christmas

Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.

The Wall Street Journal - Jan. 7

‘Fairy porn’: is this booming erotica genre an insult to Wales?

Some of these raunchy fantasy novels borrow heavily from Welsh mythology - prompting concerns about misrepresentation. Name: Fairy porn novels.. Age: Centuries old, but recently having a ...

The Guardian - Jan. 6

Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.

The Wall Street Journal - Jan. 5

Start January Strong by Turning Post-Holiday Energy Into Small-Business Success

After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.

Inc. - Jan. 5

E.V. Demand Leads Automakers to a Strong 2024 Finish

General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.

The New York Times - Jan. 3

A Stock Market Boom Could Arrive in 2025, According to History

The S&P 500 has turned negative only twice after an annual return of 20 percent or more.

Inc. - Jan. 3

China's electric car boom is increasingly more about hybrids

Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.

CNBC - Jan. 3

India’s next digital payments boom

Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party stats

Financial Times - Jan. 3

The Death of Net Neutrality Is a Bad Omen

While Americans might not mourn the loss of net neutrality, an appeals court’s ruling sets a troubling precedent for consumer protections in every industry.

Wired - Jan. 3

Net neutrality rules defeated

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC's net neutrality rules overturned by court A federal appeals court ruled Thursday the Federal ...

The Hill - Jan. 2

The booming business of special needs education in England

The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councils

Financial Times - Jan. 2

SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom

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