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Samsung profit tumbles

Samsung profit tumbles as it struggles to catch up in the AI chip race

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip sector and eyeing Taiwan’s TSMC in the battle for supremacy in another.

Austin American-Statesman · 1d

Samsung profit drops 55% as chip delays, trade tensions weigh on business

Samsung Electronics just scored a $16.5 billion deal with Tesla tied to its Austin-area chip fab. Samsung is relying on the deal and others like it to aid its slumping semiconductor business.

Bloomberg L.P. · 1d

Samsung’s Chip Profit Tumbles While Investors Seek Bottom

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.

Coinbase, Profit Jumps

Investopedia on MSN · 1d

Reddit Turns a Profit as User Gains Boost Revenue

Shares of Reddit soared more than 15% Friday, a day after the social media platform turned a profit and beat revenue forecasts as it added more users.

Reuters · 2d

Coinbase quarterly profit jumps on subscription revenue boost

Coinbase Global reported a sharp rise in second-quarter profit on Thursday, as gains in its subscription and services business offset a dip in trading revenue.

The Wall Street Journal on MSN · 1d

Coinbase’s Profit Jumps on Crypto Investment Gains

C oinbase said its profit surged in the second quarter, fueled by gains in its investments including crypto company Circle Internet Group. But the crypto exchange’s revenue fell short of expectations,

Nintendo, Switch and Profit Boost

The Wall Street Journal on MSN · 1d

Nintendo Gets Profit Boost From Strong Switch 2 Sales

The videogame maker said it had sold more than 6 million units of the console since its early June launch and is now boosting production due to strong demand.

The Financial Times · 1d

Nintendo profits rise on 6mn sales of new Switch 2 console

Nintendo says it has sold more than 6mn Switch 2 gaming consoles in their first seven weeks on sale, breaking records and driving a new cycle of revenues and profits for the Japanese creator of the Mario and Zelda game franchises.

Reuters · 1d

Nintendo Q1 profit grows 4%, beating estimates

Nintendo on Friday said operating profit grew 4% to 56.9 billion yen ($378 million) in the April-June quarter, beating analyst estimates.

1don MSN

CNBC's 'The Profit' ended with legal acrimony and an $11 million payout. Its host is now back on TV.

CNBC's "The Profit" resulted in a sprawling mess of lawsuits, arbitrations, and confidential settlements. Its host is back on ...

3hon MSN

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Aug 2 (Reuters) - Warren Buffett's Berkshire Hathaway (BRKa.N) said on Saturday it took a $3.76 billion write-down on its ...

3don MSN

Nissan racks up red ink, but the Japanese automaker promises a return to profit later this year

Japanese automaker Nissan has reported a 115.8 billion yen, or $782 million, loss in April-June, but is promising to return ...

Why Mission-Driven Brands Should Stop Apologizing for Profit

Here's how mission-first businesses can leverage profit to drive environmental change, influence policy, and lead industry ...

15hon MSN

IAG Operating Profit Beats Consensus on Strong Revenue Growth

The British Airways owner said however that it expects underlying costs to increase due to lower capacity growth and higher ...

2don MSN

Robinhood takes ‘victory lap’ after big jumps in quarterly profit and revenue

Retail investors bought the recent stock market dip at record rates in response to volatility, likely helping boost Robinhood ...

2don MSN

Roku Drives Up Revenue 15%, Turns in Surprise Profit in Solid Q2 Earnings Beat

Roku’s Platform segment, which includes ad sales, content sales and subscription-revenue sharing, grew sales 18% to $976 ...

11hon MSN

An Amazon seller doing 7 figures says one strategic addition has doubled her profit

"Coaches are hard to find. But when you do find it, it levels your business up," says top Amazon seller Lisa Harrington.

People Vs. Profit: How To Build A Culture Where You Don’t Have To Choose

Employees who feel connected to purpose, aligned with values and empowered to innovate deliver better results.

17hon MSN

Senate confirms Trump's pick to oversee higher ed, a man tied to for-profit colleges

The Senate confirmed President Donald Trump ’s pick to oversee higher education policy, a man with deep ties to the ...

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