Meta Platforms Inc.’s shares fell more than 8% in after-hours trading today after the social networking company beat revenue expectations for its fiscal 2026 second quarter but missed badly on earnings as costs rose 55%. For the quarter that ended on June 30,…
$1bn Google deal is the first step in Verizon’s AI infrastructure growth plan, with a number of deals said to be worth billions of dollars.
SEOUL: Samsung Electronics said on Thursday (Jul 30) its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business."In H2 2026, the Memory Business expects robust demand centr…
Global automakers are facing slower market growth, the rapid rise of Chinese carmakers, and sustained EV investment, with Volkswagen, BMW, and Mercedes-Benz under strain in recent years. While German automakers still lead the global auto industry, revenue and…
Four days before Donald Trump took the oath a second time, a company controlled by the intelligence chief of a foreign monarchy wired the president-elect’s family its first installment. The date was January 16, 2025. The buyer was Aryam Investment 1, a vehicl…
