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01.05.26 - 07:36
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Tim Cook takes victory lap as Apple′s financial results soar past Wall Street expectations (The Guardian)
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Company details $111.2bn in revenue in first earnings report after announcement of Cook's pending departureApple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down.Cook shared his thoughts about the leadership transition on Thursday, saying: “There's no one on this planet I trust more to lead Apple into the future” than incoming CEO John Ternus. Asked by an investor what advice he has given Ternus, Cook said: “Never forget the north star for the company. You know, we're about making the best products in the world that really enrich other people's lives.” Continue reading......
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01.05.26 - 07:36
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Samsung reports record quarterly profit as chip income jumps almost 50-fold (The Guardian)
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The AI boom is worsening a global memory chip shortage, which Samsung predicts will continue into 2027Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips.A boom in the construction of AI datacentres has spurred Samsung and chipmaking peers to allocate production capacity to advanced chips that Nvidia uses in its so-called AI accelerators. Even so, chipmakers are struggling to meet demand while the move also squeezes the supply of conventional chips. Continue reading......
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01.05.26 - 07:30
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Mitsubishi Corp. Full Year Profit Retreats (AFX)
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TOKYO (dpa-AFX) - Mitsubishi Corp. (MSBHY.PK) released earnings for full year that Dropped, from the same period last yearThe company's bottom line totaled JPY800.460 billion, or JPY209.78 per sha......
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01.05.26 - 07:06
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ITOCHU Corporation Full Year Profit Advances (AFX)
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TOKYO (dpa-AFX) - ITOCHU Corporation (IOC.F) released earnings for its full year that Increased, from last yearThe company's bottom line totaled JPY900.283 billion, or JPY128.00 per share. This co......
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01.05.26 - 07:06
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SBI Holdings, Inc. Profit Climbs In Full Year (AFX)
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TOKYO (dpa-AFX) - SBI Holdings, Inc. (SBHGF) announced earnings for its full year that Increased, from the same period last yearThe company's earnings totaled JPY427.577 billion, or JPY624.54 per ......
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01.05.26 - 07:06
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Mitsui & Co Ltd. Full Year Profit Drops (AFX)
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TOKYO (dpa-AFX) - Mitsui & Co Ltd. (MITSY) released earnings for full year that Dropped, from the same period last yearThe company's earnings totaled JPY833.971 billion, or JPY290.86 per share. Th......
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01.05.26 - 06:06
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ANZ Group H1 Cash Profit Rises YoY (AFX)
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CANBERA (dpa-AFX) - ANZ Group Holdings Limited (ANZ.AX, AN3PG.AX) reported first half profit attributable to shareholders of A$3.65 billion compared to A$3.64 billion, prior year. Earnings per sha......
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