Samsung Reports Record 1,458% Profit Surge Amidst AI Chip Demand
Strong Memory Sales and Robust AI Market Drive Revenue Beyond Expectations
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Microsoft to Distribute One-Time Cash Awards Up to 25% of Annual Bonus
Performance-Based Awards Aim to Recognize Employees Following Strong Fiscal Year
Dexcom Shares Plunge More Than 40% for Worst Day on Record
Company Faces Severe Decline After Disappointing Earnings Report and Weak Guidance
Dexcom Shares Plunge 40% Following Revenue Miss and Lowered Guidance
Disappointing second-quarter results and revised forecasts lead to sharp decline in Dexcom’s stock.
Lineage’s IPO Soars in 2024’s Largest Public Offering
Lineage, the world’s largest temperature-controlled warehouse REIT, debuts with a strong market performance.
Las Vegas Transit System to Implement AI Surveillance for Gun Detection
Las Vegas becomes the first U.S. transit system to deploy a comprehensive AI-based firearm detection system.
GE HealthCare Partners with AWS to Develop Generative AI for Enhanced Medical Data Analysis
Collaboration aims to improve efficiency in processing complex healthcare data and internal operations.
Tech’s AI Spending Surge Sparks Concerns Over Investment Risks and Market Dynamics
Industry giants face scrutiny as they invest heavily in AI infrastructure amid fears of overbuilding.
Revolut Secures UK Banking License After Three-Year Wait
British fintech Revolut receives a UK banking license, marking a major milestone and enabling new financial services.
SK Hynix Reports Highest Quarterly Profit in Six Years, Driven by AI Chip Demand
The South Korean memory chipmaker sees record revenue and operating profit amid strong AI-related demand, despite a drop in share price.
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